Brent barrel

Economy

Oil hits high for the year

Brent goes through 54$, WTI 51$, oil hitting year highs

1 December 2016

Business Series

BP hit worse than Shell by low oil prices

BP's latest quarterly earnings were almost halved while Shell announced its highest profit in five quarters thanks to the purchase of rival BG Group.

1 November 2016

Economy

Oil prices rise to almost double January's lows

Oil prices have hit their highest in 10 months due to a fall in stockpiles in the United States and supply disruptions in Canada, Nigeria, Venezuela and Libya.

9 June 2016

Economy

Oil tops $50 a barrel for first time this year

Brent crude oil has been above $50 a barrel for the first time this year, up 80 percent on the January price.

26 May 2016

Economy

Brent crude oil surges five percent

Brent crude oil is up five percent, at more than 41 dollars a barrel. The surge is raising hopes that top producers will will agree to freeze

8 April 2016

Economy

Oil slides below 33 dollars a barrel

Oil slid below 33 dollars a barrel on Thursday as a result of rising US energy stockpile and China’s weakening currency. Benchmark Brent fell 4.7

7 January 2016

Economy

Brent crude oil price falls to 11-year low

Brent crude fell to its lowest price for more than 11 years on Monday, plunging to $36.05 a barrel before recovering slightly. It came as the global

21 December 2015

Economy

Oil prices tumble again to near 11-year low

Oil prices tumbled four percent on Monday, coming close to their 11-year low – amid fears that the global surplus could worsen in the coming months

14 December 2015