Latest News
-
Bombs Against Iraqi Sunnis Kill 49
20/05/2013 -
China Agrees To Speed Up Loans For Sudan
20/05/2013 -
Algeria's Sonatrach Says Gas Project With Italy Delayed
20/05/2013 -
Obama Opposes Unilateral US Action On Syria
20/05/2013 -
Saudi Princes Lose Battle To Keep UK Lawsuit Secret
17/05/2013 -
Kuwait Confirms Replacing KPC CEO Over Dow Chemicals Payment
17/05/2013 -
Brent Slips Towards $103/B On Demand Growth Worries, Stronger Dollar
17/05/2013 -
Wave Of Bombings Kills At Least 33 In Iraq
17/05/2013 -
Speaker Says All's Fine After Meeting Kuwaiti Premier
17/05/2013 -
Asad Regime To Refuse 'Dictate' At Peace Meet
17/05/2013 -
UN Nuclear Talks With Iran Fail To End Deadlock
17/05/2013 -
Eurozone Slumps Deeper Into Recession
17/05/2013 -
Nigeria Issues State Of Emergency
17/05/2013 -
Israel Signals More Strikes On Syria
17/05/2013 -
Turkey's Erdogan Meets With Obama
17/05/2013
Brent Falls Under $108/B On China Data, Saudi Pledge
Published on Friday, 21 Sep 11:18 am
Brent crude eased below $108/B on Thursday, after data showed China’s manufacturing activity continued to contract, weakening sentiment further in a market already affected by Saudi Arabia’s pledge to keep global oil prices low. US crude futures dropped to a six-week low after data showed crude stockpiles had jumped far more than expected last week due to a surge in imports (Reuters). Brent November crude eased 38 cents to $107.81/B, while US October crude, which expires later Thursday, was down 96 cents to $91.02/B.

There are no comments yet.