[SEOUL] Crude oil futures extended gains in early Asian trade on Monday on short-covering demand, with both Brent and US crude near US$32.50 a barrel.
[SINGAPORE] The 380-cst shipping fuel grade plunged to its lowest since April 2009 on Tuesday, dragged down by a sliding crude market that erased gains from earlier this week.
[LONDON] Brent crude oil fell to a 5-1/2-year low below US$57 a barrel on Tuesday as a global supply glut outweighed concerns of lost supply from Libya where battling militias have closed ports.
[SINGAPORE] Oil prices traded near five-year lows in thin year-end trade Tuesday, as analysts predicted further bearishness in the market owing to rising US production despite a global supply glut.
[LONDON] Brent crude oil rose to USUS$60 per barrel on Monday, supported by concerns about disruption to output from Libya, but a global supply glut kept prices nearly 50 per cent off their peak for...
[LONDON] Brent crude oil rose to US$60 per barrel on Monday, supported by concern about disruption to exports from Libya, but a global supply glut kept prices nearly 50 per cent off their peak for...
[SINGAPORE] Oil prices rose in Asia on Monday as fresh violence in Libya stoked concerns about possible supply disruptions, analysts said.