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Latest Brent Crude Stories

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...

2005-07-07 01:07:00

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....

2005-06-27 19:46:51

By Richard Mably LONDON (Reuters) - Oil prices rose a dollar to a new recordnear $61 Monday, driven by the resilience of world energydemand in the face of high fuel costs and worries about oilpolicy under Iran's new hardline president. U.S. crude for August delivery traded at a new high of$60.95 a barrel, up $1.11, before settling up 70 at $60.54.U.S. crude futures were above $60 for every delivery month toOctober 2006 with December 2005 scaling a peak $62.35 a barrel. London Brent set a...


Word of the Day
snash
  • To talk saucily.
  • Insolent, opprobrious language; impertinent abuse.
This word is Scots in origin and probably imitative.