Brent crude surpasses $50 a barrel for first time this year
Brent crude passed $50 a barrel for the first time in 2016 on Thursday after data showed a fall in US crude inventories, adding to expectations of a tightening global market.
Thu May 26 2016
Brent oil drops under $50 for first time since 2009
In morning London deals, Brent North Sea crude for delivery in February dived to a 5.5-year low at $49.81 a barrel.
Wed Jan 07 2015
Oil market collapses under $50
Global oil prices on Monday collapsed under $50 for the first time in more than five years on the strong dollar, plunging equities, demand worries and plentiful crude supplies.
Tue Jan 06 2015