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Tuesday, December 12, 2017
oil prices

Oil Market Mixed Amid Weak Chinese Data

London (AFP) – Oil prices diverged Monday as dealers digested news that Chinese manufacturing activity shrank in March to an eight-month low, stoking demand concerns in the world’s biggest energy consuming nation. In late afternoon deals, Brent North Sea crude for May dipped five cents to $106.87 a barrel, from Friday’s closing level. New York’s […]

March 24, 2014
gas pumps

Oil Prices Diverge Before U.S. Stockpiles Report

London (AFP) – Global oil prices traded mixed Wednesday before the latest U.S. crude stockpiles data for clues about demand in the world’s biggest economy at the tail-end of a harsh winter. New York’s main contract, West Texas Intermediate (WTI) for delivery in April, gained 26 cents to $102.09 per barrel. Brent North Sea crude […]

February 26, 2014