Oil heads to 6-year low


FE Team | Published: January 14, 2015 00:00:00 | Updated: November 30, 2026 06:01:00



HONG KONG, Jan 13, 2015 (AFP): Energy stocks took a hit in Asian trade on Tuesday as oil prices fell towards six-year lows, with warnings of further volatility ahead, but some rare upbeat Chinese trade data boosted Hong Kong and Shanghai.
Tokyo fell 0.64 per cent, or 110.02 points to finish at 17,087.71, although it pared initial losses as the yen weakened in afternoon trade.
Sydney fell 0.33 per cent, or 18.01 points, to 5,404.7 and Seoul closed 0.20 per cent lower, giving back 3.81 points to 1,917.14.

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