Articles Tagged "oil price"

Oil Trading Alert: Crude Oil Drops Below $100

On Tuesday, crude oil lost 1.39% as concerns over a slowdown in China and rising U.S. stockpiles weighed on the price. Because of these circumstances, light crude declined below the psychological barrier of $100 per barrel for the first time since mid-February

Oil Shoots over US $107

Business Times reported that the price of Brent crude rallied on Monday, climbing more than US$1 to over US$107. The rebound comes after oils biggest weekly fall in six months, following news of a restart of a key Libyan oilfield.