Brent North Sea

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  Crude Oil Hits 18-Year Low Amid Coronavirus-Fuelled Demand Slump

  WTI tumbled to $19.20 per barrel, while Brent North Sea crude was down at $28.38.

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  Oil Prices Jump On Chance Of Another US Draw, Norway Strike Supports

  Oil prices were up as much as 2 per cent on Wednesday, reacting to the possibility of another surprise weekly drop in US inventories amid an industry strike in Norway that threatened to cut North Sea crude output.

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  Oil Lower On Supply Glut Fears As Output Rises

  Oil fell on Tuesday, as rising output from the Middle East and North Sea renewed concerns about a global supply overhang.

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  Oil Dips After Goldman Pours Cold Water On Output Freeze Prospects

  Brent gained on production outages in the North Sea and West Africa and on hopes that a planned meeting on April 17 of producers will freeze output in an attempt to rein in ballooning overproduction - estimated at about 1 million barrels per day (bpd) in excess of demand.

• Oil Bounces Off 3-Week Lows as Greek Debt Default Looms

  Oil prices bounced from three-week lows in choppy trade on Tuesday as investors awaited a Greek debt default, shying away from riskier assets and putting benchmark North Sea Brent crude on course for a second month of losses.

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  Oil Falls Nearly 4% After Tentative Nuclear Deal for Iran

  North Sea Brent crude futures, the more widely-used global benchmark for oil, settled down $2.15, or 3.8 per cent, at $54.95 a barrel, almost $1 above the session low.

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  Oil Will Average Less in 2015 than During Financial Crisis: Poll

  The survey of 33 economists and analysts forecast North Sea Brent crude would average $58.30 a barrel in 2015, down $15.70 from last month's poll, in the biggest month-on-month forecast revision since prices last collapsed in 2008-2009.

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  Oil Hits Five-Year Low Before Rallying Above $62

  Brent crude oil hit a fresh five-year low close to $60 per barrel on Monday after the Organization of the Petroleum Exporting Countries (OPEC) restated its determination not to cut output despite a global fuel glut, but the North Sea benchmark later rallied to above $62.Market momentum appeared to be downwards, with analysts saying oil could plumb ...

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  Oil Falls Below $114 But Iraq Conflict Curbs Losses

  Oil has made sharp gains in the past two weeks as concerns over fighting in Iraq, OPEC's second-largest producer and exporter, pushed the North Sea benchmark above $115, its highest since September.

• Oil Prices Rise After Eastern Ukraine Independence Vote

  New York's main contract, West Texas Intermediate (WTI) was up nine cents to $100.08 for June delivery in mid- morning Asian trading, while Brent North Sea crude for June gained 32 cents to $108.21 per barrel.

• Oil up in Asia ahead of US energy report

  Changes in US inventory stocks are closely watched by dealers as they indicate levels of demand in the world's top crude consumer.

• Oil up in Asia as Japanese stocks soar

  New York's main contract, light sweet crude for delivery in May added 14 cents to USD 92.84 a barrel and Brent North Sea crude for May delivery increased 32 cents to USD 104.44.

• Oil up in Asia ahead of US jobs data

  New York's main contract, West Texas Intermediate light sweet crude for delivery in May, added 18 cents to $93.44 a barrel and Brent North Sea crude for May increased 16 cents to $106.50 in mid-morning trade.

• Oil mixed in Asia as traders take a breather

  New York's main contract, light sweet crude for delivery in May, dropped 12 cents to $96.22 a barrel and Brent North Sea crude for May delivery gained two cents to $109.38.

• Oil prices mixed in Asia as Cyprus fears grow

  New York's main contract, light sweet crude for delivery in May added 11 cents to $92.56 a barrel while Brent North Sea crude for May delivery was down two cents to $107.45 in mid-morning trade.