Latest Brent Oil prices and news
Oil prices ended the week lower following mixed economic reports that kept investors on edge about the outlook for improving energy demand.
March 9 (Bloomberg) -- Brent crude oil may average $75 a barrel this year and trade between $60 and $85 as Saudi Arabia, OPEC’s largest supplier, maintains output policies to keep prices stable, Credit Suisse Group AG said.
Oil prices fell below $81 on Friday after peaking above $83 following mixed economic reports that kept investor on edge about the outlook for improving energy demand.
World oil prices rose toward 83 dollars a barrel on Friday as the International Energy Agency reported strong growth in world energy demand, led by China.
Oil rose close to 83 dollars a barrel on Friday as the International Energy Agency reported unexpectedly strong growth in world energy demand, led by China.
Oil prices have fallen as US consumer confidence stirred concern about energy demand.
March 12 (Bloomberg) -- Crude oil declined for the first time in three days after a report showed that confidence among U.S. consumers unexpectedly dropped this month.
Oil prices moved above $82 a barrel Friday after the International Energy Agency brightened its outlook for world demand, predicting a surge in Asian economic activity will make up for a fall in developed countries.
