LONDON: Oil prices extended losses in Wednesday to six-year lows on expectations that US crude stockpiles will rise further, in a market already awash with supplies, analysts said.
LONDON: Oil prices were mixed Wednesday before the release of a key US supply report and as dealers eyed escalating violence in crude producer Libya, analysts said.
SINGAPORE: Oil prices fell in Asia Friday after enjoying a strong rally in the previous session in response to news that leading petroleum producers are curtailing investment.
SINGAPORE: Crude prices were mixed in Asia Friday, after the US Senate approved a bill to build an oil pipeline from Canada to refineries in the US Gulf Coast, adding to concerns over a supply glut.
SINGAPORE: Oil prices rose in Asia Friday as dealers reacted to a surprise Islamist attack on Libya's main oil terminals that left 22 soldiers dead, while year-end short-covering also provided support, analysts said.