Crude oil likely to soften on rising output: ExpertsBrent crude prices, the benchmark for half the world’s oil, will weaken for a second year in 2014 as US output expands.
- Oil rises from 7-month low on China growth assurance
Oil rebounded after closing below $90 a barrel for the first time in seven months amid signs China will accelerate efforts to spur growth.
- West Asia tension pushes crude oil to a third yearly gain
Crude futures headed for a third yearly advance on speculation escalating tension in the Middle East may disrupt supplies as a recovery in ...
- Oil falls on fears of Moody's European Union rating review
Oil fell, extending last week’s decline on concern the debt crisis may spread and as Moody’s said it will review ratings for countries.