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Latest Brent Crude Stories

2005-08-08 08:12:24

By Janet McBride LONDON (Reuters) - Oil hit a record high of nearly $63 a barrel on Monday on fears of militant attacks in the world's biggest oil exporter Saudi Arabia and a possible gasoline shortage in the United States. As the United States shut its diplomatic missions in Saudi Arabia for two days in response to threats, Australia and Britain warned that militants would soon strike in the kingdom. "It's the kind of report that, given the current market conditions, is going to lead to...

2005-07-07 06:42:37

LONDON (Reuters) - Oil prices fell 2.5 percent on Thursday after a series of explosions across central London's public transport system that appeared to be a co-ordinated terror attack. U.S. crude fell to a low of $57.20, recovering by 1135 GMT for a loss of $1.49 at $59.79 a barrel. Crude set a new record high of $62.10 just before the attacks on worries about the impact on oil supply of a hurricane in the U.S. Gulf. Brent crude in London fell to a low of $55.55 before recovering to...

2005-07-07 06:21:33

LONDON (Reuters) - Oil prices fell 3 percent on Thursday after explosions on London's transport system that appeared to be a co-ordinated terrorist attack. U.S. crude fell to a low of $57.20 and by 1115 GMT was off $2.20 at $59.08 a barrel. Crude set a new record high of $62.10 just before the attacks on worries about the impact on oil supply of a hurricane in the U.S. Gulf. Brent crude in London fell to a low of $55.55 before recovering to $57.50 a barrel, down $2.35 on the day....

2005-07-07 02:40:14

By Maryelle Demongeot SINGAPORE (Reuters) - Oil prices jumped to a record high above $61 on Thursday as the year's first hurricane threatened already reduced U.S. Gulf production, stoking fears that an active storm season would hamper winter stock-building. U.S. light sweet crude for August delivery hit a high of $61.63 a barrel in early Asian trade, having broken above $61 for the first time on Wednesday. It was trading at $61.51 by 0734 GMT, up 23 cents. Brent crude oil in London...

2005-07-07 02:04:35

By Maryelle Demongeot SINGAPORE (Reuters) - Oil prices climbed to a record high over $61 on Thursday as the year's first hurricane threatened already reduced U.S. Gulf production, stoking fears that an active storm season would hamper winter stock-building. U.S. light sweet crude for August delivery hit a high of $61.62 a barrel in early Asian trade, having broken above $61 for the first time on Wednesday. It was trading at $61.55 a barrel by 0415 GMT, up 27 cents from the U.S. close....

2005-07-07 05:54:13

LONDON (Reuters) - Oil prices fell $4 to below $58 a barrel on Thursday after explosions on London's transport system feared to be terrorist attacks. U.S. crude by 1035 GMT was off $3.98 at $57.30 a barrel after setting a new record high at $62.10 before the attacks on worries about the impact on oil supply of a hurricane in the U.S. Gulf. Brent crude in London shed $4.10 a barrel to $55.75 after setting a high of $60.70. London police and other British authorities said it was too early...

2005-07-07 05:16:43

LONDON (Reuters) - Oil prices fell to $60 a barrel after setting a new record above $62 on Thursday after explosions on London's transport system raised fears about a terrorist attack. U.S. light crude by 0950 GMT was off $1.47 at $59.81 a barrel after setting a new high at $62.10. Brent crude in London shed $1.65 a barrel to $58.20 after setting a high of $60.70. Dealers said that if the explosions proved to be the result of a terrorist attack some economic downturn might be expected,...

2005-07-07 04:04:54

LONDON (Reuters) - Oil prices surged to a new record of $62 a barrel on Thursday as the year's first Atlantic hurricane threatened U.S. Gulf production and refining, stoking fears about pre-winter stockbuilding. U.S. light crude for August delivery by 0900 GMT set a new high at $62.10, up 82 cents. Brent crude in London climbed 85 cents to $60.70 a barrel, also a new record. Oil prices are up nearly 50 percent from the start of the year as traders fear refiners are ill-prepared to meet...

2005-07-07 03:59:41

LONDON (Reuters) - Oil prices surged to a new record near $62 on Thursday as the year's first Atlantic hurricane threatened U.S. Gulf production and refining, stoking fears about pre-winter stock-building. U.S. light crude for August delivery by 0850 GMT set a new high at $61.94, up 66 cents. Brent crude in London climbed 65 cents to $60.50 a barrel, also a new record. Oil prices are up a hefty 46 percent from the start of the year as traders fear refiners are ill-prepared to meet peak...

2005-07-07 02:42:05

By Maryelle Demongeot SINGAPORE (Reuters) - Oil prices jumped to a record high above $61 on Thursday as the year's first hurricane threatened already reduced U.S. Gulf production, stoking fears that an active storm season would hamper winter stock-building. U.S. light sweet crude for August delivery hit a high of $61.63 a barrel in early Asian trade, having broken above $61 for the first time on Wednesday. It was trading at $61.51 by 0734 GMT, up 23 cents. Brent crude oil in London...


Word of the Day
bodacious
  • Remarkable; prodigious.
  • Audacious; gutsy.
  • Completely; extremely.
  • Audaciously; boldly.
  • Impressively great in size; enormous; extraordinary.
This word is probably from the dialectal 'boldacious,' a blend of 'bold' and 'audacious.'
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