SUBSCRIBERS

Volatile week for oil prices amid oversupply

Published Sun, Mar 1, 2015 · 09:50 PM

London

OIL prices faced sharp volatility last week amid stubborn oversupply concerns, while metals aimed higher as Chinese trading picked up following the Chinese New Year, dealers said.

Sentiment brightened partially on news that eurozone finance ministers backed an extension of Greece's bailout lifeline. Gains were tempered last Friday by news that the US economy grew more slowly than expected in the fourth quarter of 2014, expanding by 2.2 per cent, down from the prior estimate of 2.6 per cent.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Companies & Markets

Air China to buy 100 locally made C919 jets in US$11 billion deal
HCA beats first-quarter profit estimates on higher patient admissions
F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years
LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses
Exxon misses on Q1 profit despite big gains in Guyana
US FDA approves Pfizer’s gene therapy for rare bleeding disorder

Companies & Markets

Companies & Markets

Volatile week for oil prices amid oversupply

Companies & Markets

Air China to buy 100 locally made C919 jets in US$11 billion deal

HCA beats first-quarter profit estimates on higher patient admissions

F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years

LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses

Exxon misses on Q1 profit despite big gains in Guyana

US FDA approves Pfizer’s gene therapy for rare bleeding disorder

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT