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| Oil up at $112.75 on supply fears, stimulus hopes Reuters Canada LONDON (Reuters) - Oil prices rose to around $112.75 a barrel on Thursday, buoyed by supply disruptions in the Gulf of Mexico and lower Brent output along with disappointing data from China, which raised hopes in some quarters of further monetary ... See all stories on this topic » | ||
| Oil May Retreat on Fastest Stockpiling Rate in 14 Years Bloomberg Brent, a benchmark grade for more than half the world's oil, fell below $90 a barrel in late June, then rebounded as a European Union embargo on Iran's crude came into full effect in July. Prices are down 0.2 percent today at $111.88 after settling ... See all stories on this topic » | ||
| Indian Oil Posts Nation's Biggest Quarterly Loss of $4.1 Billion Bloomberg Indian Oil Corp. (IOCL) posted the nation's biggest quarterly loss of 224.5 billion rupees ($4.1 billion) after the government failed to compensate it for capping fuel prices and processing margins turned negative. The country's largest company had ... See all stories on this topic » | ||
| Oil steadies at $112 after disappointing China data Reuters LONDON (Reuters) - Oil prices steadied around $112 a barrel on Thursday as sobering production and consumption data from China weighed on the demand outlook, but prices remained elevated due to supply disruptions in the Gulf of Mexico and lower ... See all stories on this topic » |
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