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Latest Brent Crude Stories

2008-07-12 18:00:22

Oil prices yesterday set a new record above EUR147 a barrel amid fears over growing tension in the Middle East. Brent crude reached EUR147.02 on the London-based ICE Futures Exchange. It has now risen more than EUR10 in the past two days.

2008-07-08 09:01:01

By Jack Money, The Oklahoman Jul. 8--YEARS AGO, Oil Refiners Sought -- and were able to find -- barrels of light, sweet crude they could refine into every fuel the United States needs, such as gasoline, diesel and jet fuel.

2008-06-27 12:03:03

"The problem you had in California was caused by a combination of things: an unwise regulatory scheme, because they didn't really deregulate. Now they're trapped from unwise regulatory schemes, plus not having addressed the supply side of issues.

2008-06-26 06:03:00

OIL prices tumbled yesterday as US weekly data showed an unexpected increase in crude oil inventories and sluggish fuel demand. US light crude fell to as low as dollars 132.25 a barrel before picking up slightly while London Brent crude was down by dollars 3.29 at dollars 133.17.

2008-06-17 12:00:48

By DOUGLAS HAMILTON CRUDE oil futures soared by more than dollars5 to a record near dollars140 a barrel yesterday as traders ignored a promise from Saudi Arabia to lift production and instead fretted about the falling value of the dollar.

2006-07-14 10:54:01

By Randy Fabi LONDON (Reuters) - Oil surged to record highs above $78 on Friday on fears the conflict between Israel and Hizbollah guerrillas could escalate and spread to more Middle East countries.

2006-07-14 05:59:55

By Randy Fabi LONDON (Reuters) - Oil surged to record highs above $78 on Friday on fears that conflict between Israel and Hizbollah guerrillas could escalate and spread to more Middle East countries.

2006-04-20 03:29:27

By Luke Pachymuthu SINGAPORE (Reuters) - Brent crude oil jumped to a fresh record high above $74 a barrel on Thursday after a steep drop in U.S. gasoline stocks fueled fears of tight summer supplies at a time of growing anxiety over Iran's exports.

2006-04-19 05:48:25

By Simon Webb LONDON (Reuters) - Oil held above $72 a barrel on Wednesday on fears Iran's intensifying dispute with the West may lead to a supply cut from the world's fourth largest exporter.

2006-04-18 22:51:23

By Luke Pachymuthu SINGAPORE (Reuters) - U.S. oil held within sight of its record high above $71 a barrel on Wednesday as dealers feared Iran's intensifying dispute with the West over its nuclear aims may lead to supply cuts from the world's fourth-largest exporter. U.S.


Word of the Day
pawl
  • A pivoted catch designed to fall into a notch on a ratchet wheel so as to allow movement in only one direction (e.g. on a windlass or in a clock mechanism), or alternatively to move the wheel in one direction.
The word 'pawl' probably comes from a Latin word meaning 'stake'.
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