Gulf Times - Brent-crude
Brent crude hits three-month low on higher supply

Brent crude hits three-month low on higher supply

Brent crude futures fell 33 cents to $71.83 a barrel, while US West Texas Intermediate (WTI) crude futures fell 45 cents to $67.63 a barrel.

Crude oil eases for 2nd day on prospects of higher supplies

Crude oil eases for 2nd day on prospects of higher supplies

Brent crude oil futures slid for a second session on Monday as the market was weighed down by a climb in US output to a record-high and expectations that Opec members will raise supplies.

Brent crude to average $73 in 2018, says BMI

Brent crude to average $73 in 2018, says BMI

While geopolitical conflicts and financial market dislocations threaten the global growth outlook, BMI continues to see a broadening global economic expansion overall this year.

Oil prices reach highest since Nov 2014

Oil prices reach highest since Nov 2014

Key crude oil prices rose by 1 percent to their highest levels since late-2014 on Monday, pushed up by a deepening economic crisis in Venezuela and a looming decision on whether the United States will re-impose sanctions against Iran.

Oil falls for a second day as investor risk appetite wanes

Oil falls for a second day as investor risk appetite wanes

Oil prices fell for a second day on Tuesday, driven by ongoing evidence of rising US crude output, while wary investors sold off stocks, bonds and commodities.

Oil jumps on IMF growth outlook as Brent tops $70 again

Oil jumps on IMF growth outlook as Brent tops $70 again

Oil rose more than 1% on Tuesday with benchmark Brent crude above $70 a barrel for the first time in a week on Tuesday, boosted by healthy world economic growth prospects and expectations for continued production curbs.

Oil prices near 3-year highs, supported by healthy demand

Oil prices near 3-year highs, supported by healthy demand

Brent crude oil prices held near $70 a barrel on Tuesday, a level not seen since 2014's dramatic market slump.

Oil prices set for fourth straight week of gains

Oil prices set for fourth straight week of gains

Oil prices eased from three-year highs on Friday but were still on track to end the week higher for a fourth week in a row.

Oil hits highest since May 2015 above $68 on tighter market

Oil hits highest since May 2015 above $68 on tighter market

The Organisation of the Petroleum Exporting Countries and allies including Russia are keeping supply limits in place in 2018, a second year of restraint, to reduce a price-denting glut of oil held in inventories.

Oil retreats after hitting 2015 highs

Oil retreats after hitting 2015 highs

Oil prices fell on Friday, dropping from highs last seen in 2015, as soaring US production undermined a 10 percent rally from December lows that were driven by tightening supply and political tensions in Opec member Iran.

Oil hits highest since 2015 as Iran unrest spooks market

Oil hits highest since 2015 as Iran unrest spooks market

Six days of anti-government protests in Opec's third-largest producer have added a geopolitical risk premium to oil prices, though Iran's production and exports have not been affected.

Oil falls from 2015 highs as rally runs out of steam

Oil falls from 2015 highs as rally runs out of steam

Oil prices fell on Wednesday after hitting a near two-and-a-half year high in the previous session as analysts said the rally was gradually running out of steam despite supply outages in Libya and the North Sea.