Tag: Barrels
Oil prices dip on worries fuel demand to stall as global growth slows
Oil prices declined on Thursday on lingering concerns that slowing global economic growth may limit fuel demand and after a surprise build in U.S. crude inventories. International Brent crude oil futures LCOc1 were at $60.90 ...
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Iran says it is selling oil it needs to, despite U.S. pressure
Iran said on Tuesday it had so far been able to sell as much oil as it needs despite U.S. pressure. The government however, urged European countries that opposed the U.S. sanctions to do more ...
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Oil rises on small market bounce, but investors eye trade outlook
Oil prices rose on Monday, supported by bounce in Asian stocks, but analysts said sentiment remains cautious after financial markets plunge last week triggered by worries of slow global growth. Front-month Brent crude oil ...
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