#Brentcrude drops toward $59 as US jobs data pushes dollar up

US unemployment rate fell to the lowest since May 2008 in February

Brent crude fell towards $59 a barrel on Monday as a promising US jobs report pushed the dollar up. Photo: Bloomberg

Brent crude fell towards $59 a barrel on Monday as a promising US jobs report pushed the dollar up, offsetting geopolitical tensions and the threat of output cuts in Libya and Iraq... (Read more)

EXTERNAL EXPANSION LTD., www.externalexpansion.net

#Global: #Oil heads for biggest annual decline since 2008

China stocks close up more than 2 per cent helping the stock market become the best performer among major global bourses this year

China stocks closed up more than 2 per cent on Wednesday, boosted by a late afternoon rally which helped the stock market become the best performer among major global bourses this year. (Photograph: Aly Song/Reuters)

Oil headed for the biggest annual decline since the 2008 global financial crisis as US producers and the Organization of Petroleum Exporting Countries ceded no ground in their battle for market share amid a supply glut... (Read more)

EXTERNAL EXPANSION LTD., www.externalexpansion.net

#Ireland: Oil drops to four year low on back of rising supply

Glut in oil sees price of barrel drop to $82 with $80 now on horizon

The price of oil continues to fall as a global supply glut grows. (Photograph: Brian Snyder/Reuters)

Brent oil dropped to a new four-year low below $82 a barrel on Wednesday, a fifth straight day of losses, as weak economic data from China and Europe intensified worries about demand as a global supply glut grows... (Read more)

External Expansion, www.externalexpansion.net,