Brent Crude

A stronger US dollar and concerns surrounding a global glut continue to put pressure on oil prices.

Analysts say Brent crude could drop to $55 a barrel early next year.

Armed factions in Libya are battling for control of the Opec member.

Supply glut, fuelled by US shale production and weak global demand, hits prices hard.

US crude oil inventories surprisingly rose by 7.3 million barrels last week, to their highest December level on record.

Opec producers banking on slowdown in US shale boom and rising demand fuelled by low prices.

Crude oil prices have dropped some 50% since their peak in June: their steepest fall since the 2008 financial crisis.

Analysts say oil price of $65 a barrel in 2015 will trigger the biggest drop in project finance in decades.

Brent crude oil reached a five-year-low of $58.50 a barrel this week.

It would be the lowest price since May 2009.

Developing Asia now expected to expand by 6.1% this year and 6.2% in 2015.

Brent oil has fallen below $60 a barrel for the first time since 2009.

The IEA, oil cartel Opec and the US EIA have all lowered their 2015 demand forecasts.

Oil prices have dropped 40% since June.

Brent crude oil has fallen from $115 per barrel to under $69 today, a price not seen since 2009.

Edmund Shing explains why oil prices are falling, and what the potential BP-buyout could mean

Oil prices likely to hover at $65 a barrel over the next six to seven months.

Oil prices drop post release of Chinese monthly trade data that missed expectations.

The dollar hit a five-year high against a basket of currencies post the release of the upbeat US employment report.

The price of Brent crude has fallen by around 40% since June as global supplies increased.

Analysts expect Russian inflation to quicken to new three-year high.

Moody's lowers its pricing outlook for Brent and WTI crude oils for 2015 and 2016.

Oil futures extended losses amid speculation that Opec will not cut output.

Failure to cut output will herald a price war that Gulf producers can withstand but Venezuela and Iran cannot.

Brent crude futures have shed a third since June and hit a four-year low of $76.76 a barrel on 14 November.

China's central bank has cut interest rates in a bid to boost growth in the world's second-biggest oil consumer.

Crude futures gained after the Bank of China announced the decision

Foreign Minister Rafael Ramirez said his country would make a proposal to limit supply and strengthen prices at the next OPEC meeting.

Russia's rouble up by 0.8% against dollar on Tuesday as exporters traded in foreign revenues.

Oil cartel Opec's member nations to meet on 27 November in Vienna.