Henning Gloystein

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Oil faces big monthly loss on slowing economic growth, oversupply

Both crude benchmarks are now down around 20 per cent since their last peak in June Oil prices fell to their lowest levels since April on Friday, with Brent on track for its biggest monthly loss......

Oil prices dip as Iraq raises exports

While OPEC has been unable to agree on an output freeze in an effort to support prices, Iraq was the latest Middle East producer to raise its exports quota Oil prices dipped to around $49 a barrel......

Oil dips to 11-year low as supply balloons

While consumers have enjoyed lower fuel prices, producers have cut spending and thousands of jobs Brent crude prices hit their lowest in over 11 years on Monday, hounded by a relentless rise in......

Brent slips below $50, drags Euro to another 9-year low

Weak economic activity is adding to fears of deflation, with euro zone inflation data due later on Wednesday expected to show the first annual fall in consumer prices since 2009. Brent crude oil......

Oil drops below $59 for first time since 2009

Oil fell below $59 a barrel for the first time since May 2009 on Tuesday, extending a six-month selloff as slowing Chinese factory activity and weakening emerging-market currencies added to......

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Henning Gloystein

News for Henning Gloystein

Oil faces big monthly loss on slowing economic growth, oversupply

Oil prices dip as Iraq raises exports

Oil dips to 11-year low as supply balloons

Brent slips below $50, drags Euro to another 9-year low

Oil drops below $59 for first time since 2009

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