From the Street
Science & Tech
Oil closes below $50 a barrel for first time in a year
18 Dec 2018
Crude settled below $50 a barrel in New York for the first time in more than a year. A jump in inventories, falling equities and the anticipation of another Fed rate hike this week all putting downward pressure on prices.
Brent dips below $60 for first time since October 2017
25 Nov 2018
The global oil price slump pushed Brent crude below $60 a barrel in London for the first time in more than a year amid concerns over a potential supply glut.
Oil tops $75, highest since 2014
24 Apr 2018
Brent crude oil rises for a sixth day to hit its highest since November 2014 at over $75 a barrel, buoyed by expectations that supplies will tighten as demand reaches record levels.
Why OPEC cuts may not prevent oil falling below $40
11 Jul 2017
Prices for oil could fall below $40 a barrel if efforts to rebalance the markets don't fully bear fruit. That's the view of a report by analysts at Goldman Sachs. Bloomberg's Tracy Alloway reports on "Bloomberg Markets: European Open."