Oil prices fell in Asia on Thursday after the Organisation of Petroleum Exporting Countries (OPEC) warned of an oversupply as uncertainty surrounds the outlook for the global economy, analysts said.
New York's main contract, light sweet crude for delivery in January fell 19 cents to $86.58 a barrel and Brent North Sea crude for January delivery shed 15 ..... Read more
SINGAPORE: Oil prices extended losses on profit-taking in Asian trade Friday following sharp gains powered by the US central bank's pledge to retain its massive bond-buying programme, analysts said.
New York's main contract, West Texas Intermediate (WTI) light sweet crude for delivery in August, eased 11 cents to $104.80 a barrel in afternoon trade,..... Read more
SINGAPORE Oil prices rose in Asia Wednesday as investors expect a US stockpiles report to show a fall, indicating firm demand in the world's top crude consumer, analysts said.
New York's main contract, West Texas Intermediate for delivery in November climbed 16 cents to $103.29 in mid-morning trade, while Brent North Sea crude for November added 12 ..... Read more