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US oil price News

Brent crude oil

09 May 2018

Oil hits 3-1/2-year high after US quits Iran deal

Brent crude oil touched its highest since November 2014 at $77.20 a barrel.

07 May 2018

Oil prices reach highest since November 2014

The concerns added to worries over a looming decision on whether the United States will walk away from a deal with Iran and instead re-imposes sanctions on Tehran, keeping international oil markets on edge.

11 Feb 2016

Oil slumps again; US crude at 2003 low

Without any particular market-moving news but a persistent global crude oil glut, the oil market slid again Thursday, dragging US crude to its lowest price in nearly 13 years.

10 Dec 2015

Oil hits near seven-year low as global glut concerns persist

US crude fell to a near seven-year low on Thursday, as oversupply concerns persisted, and prices were seen as vulnerable to further weakness in the run up to year-end.

19 Nov 2015

US oil price drops amid ample supplies

US oil price retreated on Thursday as US stockpiles added last week.

10 Oct 2015

US oil price gains amid falling output

US oil price advanced on Friday as data signaled that US crude output was contracting.

28 Apr 2015

Barclays raises crude oil price forecasts

Barclays raised its 2015 and 2016 average crude price forecasts on Tuesday, citing geopolitical tensions, unplanned production outages and lower natural gas prices in the United States.

05 Jan 2015

US crude oil slips below $50/barrel as glut fear deepens

The sell off in global oil markets showed little signs of slowing in the new year with US crude breaking below USD 50 a barrel, the first time since April 2009, on fears of a supply glut.

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