TEHRAN, January 17 -Oil prices gave away earlier gains on Wednesday as analysts warned of a downward correction after prices have gained more than 13 percent over the past month.
TEHRAN, December 15 -Oil prices moved up on Friday, lifted by the Forties pipeline outage in the North Sea and ongoing OPEC-led production cuts, although rising output from the United States kept a lid on markets.
TEHRAN, November 15 - Oil prices fell over 1 percent on Wednesday, continuing Tuesday’s slide after the International Energy Agency cast doubts over the past few months’ narrative of tightening fuel markets.
TEHRAN, November 1 -Top oil exporter Saudi Arabia will hike December crude prices for customers in Asia to levels last seen in 2013 or 2014, a Reuters survey showed, with OPEC-led output cuts and robust demand re-balancing markets for the commodity.
SINGAPORE, Jan 21, 2015 (AFP) - Oil rebounded in Asia Wednesday as traders bought the commodity at cheaper prices following a slide to near six-year lows, analysts said.
SINGAPORE, Jan 7, 2015 (AFP) - Oil prices fell in Asia Wednesday to their lowest levels in five-and-a-half years on fears about fresh global turmoil over a political crisis in Greece, analysts said.
SINGAPORE, Dec 22, 2014 (AFP) - Oil prices rose in Asia on Monday, extending a sharp rebound at the end of last week, with analysts predicting the sector has bottomed out after plunging almost 50 percent since June.
SINGAPORE, Aug 27, 2014 (AFP) - Oil prices rose in Asia Wednesday as dealers await the latest US stockpiles report for clues about demand in the world's top crude consumer, while buying was boosted by upbeat economic data out of Washington.
SINGAPORE, Aug 18, 2014 (AFP) - Oil prices eased in Asian trade Monday, but retained support from the latest round of tensions between Ukraine and Russia which sparked concerns of a full-scale military conflict, analysts said.
SINGAPORE, Aug 11, 2014 (AFP) - Oil prices rose in Asia Monday as dealers monitor sustained US air strikes on extremist militants in Iraq who are threatening the crude-rich Kurdish region, analysts said.
Oil prices extended gains in Asia Thursday after a bullish US stockpiles report raised hopes of resurgent demand in the world's top crude consumer, analysts said.
Oil prices extended losses in Asia Tuesday on fading fears that the crisis in crude producer Iraq could result in a major supply disruption, analysts said.
Oil prices were mixed in Asian trade Tuesday as concerns over a sudden glut in Iranian supply eased amid scepticism over an international agreement on its controversial nuclear programme.