Energy

Brent hits 6-month high as West weighs strike on Syria

Brent crude leaped to a six-month high, gaining more than $3 to top $114 a barrel, on Tuesday as Western powers considered a military strike against Syria following last week's suspected chemical weapons attack. FULL STORY »

Brent rises to $113 as Western strike on Syria planned

Brent crude climbed to a six-month high of $113 a barrel on Tuesday as Western powers readied a military strike against Syria to punish it for a poison gas attack. FULL STORY »

Brent oil prices end off 5-month high, Syria supports

Brent crude oil prices eased off a five-month high of more than $111 a barrel on Monday, but remained strong as tensions in the Middle East were stoked by the increasing possibility of a Western-led military response to an alleged chemical weapons attack in Syria. FULL STORY »

Brent falls but underpinned by Syria, U.S. data

Brent crude eased towards $110.50 a barrel on Monday but was supported near a five-month high as tensions over a suspected chemical weapons attack in Syria spurred concerns that increased unrest in the Middle East could disrupt supply. FULL STORY »

Oil climbs, gasoline gains on East Coast refinery problems

A rise in gasoline futures helped oil prices pull higher on Friday following news of a unit shutdown at a Canadian East Coast refinery. FULL STORY »

Brent rises above $110 as global economic outlook glows

Brent crude rose above $110 a barrel on Friday, buoyed by upbeat business surveys that suggested the global economy is on the mend and kindled hopes for higher fuel demand. FULL STORY »

Oil edges up on strong China, Euro zone data

U.S. crude oil rose more than $1 on Thursday, while Brent crude rose less and its premium over U.S. crude narrowed by more than $1 in a lightly traded session. FULL STORY »

Oil falls, WTI leads decline as crude flows back to Cushing

Global oil prices slipped on Wednesday, with losses in U.S. crude widening the trans-Atlantic spread for a second day, amid signs that Libyan exports might resume and indications that oil was flowing into the depleted Cushing storage hub. FULL STORY »

EIA expects brent prices to decline through end of 2013

Petroleum analysts throughout the world also noticed recent increases in the price of Brent crude oil. FULL STORY »

Oil slips below $110 as supply worries ease

Brent crude oil fell below $110 a barrel on Wednesday on reports some Libyan oil exports might soon resume and on news the Seaway crude oil pipeline had shut, halting shipments from the U.S. Midwest to the Gulf Coast. FULL STORY »

Brent slips towards $109 on Fed policy concerns

Oil prices slipped towards $109 a barrel on Tuesday as investors took profits ahead of the latest Fed comments on the scaling back of its stimulus programme although unrest in Egypt and reduced Libyan oil product supply curtailed the losses. FULL STORY »

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