Tag Archives: Tamas Varga

Oil heads for third straight weekly loss as supply weighs

By Karolin Schaps LONDON (Reuters) – Oil prices edged higher on Friday as investors closed positions ahead of the end of the year though crude was still heading for a…

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Oil heads for third straight weekly loss as supply weighs

By Karolin Schaps LONDON (Reuters) – Oil prices edged higher on Friday as investors closed positions ahead of the end of the year though crude was still heading for a…

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Oil extends gains, set for biggest weekly rise since 2009

By Karolin Schaps LONDON (Reuters) – Oil extended gains on Friday & was set for its biggest weekly rise in over six years after U.S. Federal Reserve minutes suggested it…

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Oil prices up 2 percent after U.S. drilling falls

By Christopher Johnson LONDON (Reuters) – Oil rose by more than 2 percent on Monday after data showed U.S. drilling slowed & a report said $1.5 trillion worth of planned…

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Oil climbs to $61 on Mideast supply concerns

By Christopher Johnson LONDON (Reuters) – Brent crude oil rose to around $61 a barrel on Friday as fighting in Libya & Iraq stoked output worries, while traders kept a…

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Oil rallies to $60, heads for 4th weekly fall on glut

By Christopher Johnson LONDON (Reuters) – Brent crude oil rose to around $60 a barrel on Friday, rallying from near a 5-1/2-year low as investors squared books ahead of the…

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Oil hits new five-year low before rallying to $63

By Christopher Johnson LONDON (Reuters) – Brent crude oil hit a fresh five-year low close to $60 a barrel on Monday after producer group OPEC restated its determination not to…

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