Oil prices slipped on Tuesday as the International Energy Agency (IEA) predicted that the oil prices would rebound partially in the next five years.
Oil prices gained Tuesday as the Organization of the Petroleum Exporting Countries (OPEC) warned that prices may jump to 200 dollars a barrel in future without sufficient investment in production.
Oil prices rebounded Wednesday as traders bought the dip after prior day's heavy sell-off.
Oil prices rebounded strongly Wednesday despite rising U.S. crude inventories last week as traders bought the dip.
The downtrend in the price of crude oil in the world market would boost the economies of oil-importing countries in Asia, including the Philippines, Thailand and China, according to economic analysts.
Oil prices little changed Thursday amid growing supplies globally.
Oil prices plummeted Monday amid growing supplies from the Organization of Petroleum Exporting Countries (OPEC).
Oil prices fluctuated around the five-year low Tuesday as there was no sign that producer would cut production in response to the slump.
Oil prices fell Thursday as traders worried that global crude supply might surpass demand.
Crude prices dropped Monday as investors speculated that the Organization of Petroleum Exporting Countries (OPEC) may not cut production when the producer group meets this week.
Crude prices dropped Monday as the Organization of Petroleum Exporting Countries (OPEC) is likely not to cut the output at a meeting this month.
Crude prices rebounded Thursday as Saudi Arabia was said to reduce its crude oil supply to the market in September.
U.S. crude price stabilized Monday after the market rebounded briefly late last week.
Crude price rebound Thursday after the market dropped significantly this week.
Crude prices rebounded Monday as traders started to buy after the prices have declined significantly in the past week.
U.S. crude prices recovered Friday as U.S. economic growth for the second quarter was upwardly revised.
U.S. crude prices fell Monday on growth concerns across the globe and expectations of increasing supply from the Middle East.
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