Latest news
Daily energy overview, Thursday, April 14, 2011
Brent crude futures ended higher, after a drop in two sessions in a row, supported by the government data indicating a deep fall in gasoline stockpiles and the investors’ worries on lasting turmoil in Libya. ICE Brent May crude traded at 122.88 dollars a barrel, up 1.96 dollars, ahead the expiration of the May contract on Thursday.
read more... 14/04/2011
Daily energy Overview, Wednesday, April, 13, 2011
U.S. crude oil futures saw little change on Tuesday in the post-settlement trade, after the American Petroleum Institute data revealed a slightly more than expected increase of oil inventories, while gasoline stocks fell much more as forecasted.
read more... 13/04/2011
Daily energy Overview, Tuesday, April, 12, 2011
Oil prices traded down on Monday on demand worries and profit taking after U.S. crude oil prices hit a 30-month high and Brent prices hit a 32-month high. U.S. crude for May delivery traded at 109.92 dollars, down 2.87 dollars, while Brent crude was traded at 123.98 dollars a barrel, down 2.67 dollars.
read more... 12/04/2011
Daily energy Overview, Monday, April11, 2011
U.S. and Brent oil prices increased on Friday registering the highest level in 30 months and 32 months respectively supported by a weaker dollar that sustained commodities and lasting unrest in Libya that spurred worries about continued supply cuts.
read more... 11/04/2011
Daily energy Overview, Friday, April, 08, 2011
U.S. crude prices increased more than 1 dollar to a new 2-1/2 year high level on Friday on outlook of long-term supply cuts in Libya. Crude for May delivery increased to an intraday high level of 111.39 dollars a barrel, the utmost level since September 2008.
read more... 08/04/2011