12987
Brent Dips Below $57 
Energy

Brent Dips Below $57 

Brent crude futures dipped below $57 a barrel on Tuesday as the dollar scaled multi-year highs and the oil market remained hobbled by oversupply and weak demand. Brent was down $1.53 at $57, while US crude was 72 cents lower at $49.28. The US dollar hit a near 12-year peak against the euro, CNBC reported.

 

Short URL : http://goo.gl/tMSJAv

You can also read ...

The South American nation earns 96% of its revenue through oil sales.
Venezuelan oil production crashed to a new 30-year low of 1.5...
45% of Spain Electricity From Renewable Sources
Spain’s transition to a low-carbon economy is making strong...
Norway Oil Strike Set to Escalate
Norway’s ship-owners and two oil unions said on Saturday they...
S. Korea Imports 167K bpd of Iranian Oil in June
South Korea’s imports of Iranian oil fell 40.3% in June from...
TPPHC Elaborates on Operations to Improve Power Plant Efficiency
To save natural resources in power stations and fight the...
3,600 Villages to Join National Gas Grid
The natural gas grid will cover 3,600 villages across the...
Domestic Firms Undertake Rigless Well Operations
Two Iranian oil and gas companies have jointly conducted high-...

Trending

Googleplus