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Daily Energy Overview, Thursday, March, 17, 2011
U.S. crude oil futures traded up on Wednesday supported by the turmoil in the Middle East before rising worries over the nuclear crisis in Japan pared crude’s gains. On the NYMEX market, the U.S. crude for April delivery increased by 80 cents being traded at 97.98 dollars a barrel, after trading in a range between 96.22 and 99.60 dollars.
read more... 17/03/2011
Daily Energy Overview, Wednesday March, 16, 2011
Brent crude oil futures traded down over 4 percent on Tuesday as the appeared nuclear emergency in Japan raised worries across energy markets. The ICE Brent crude for April delivery valued 108.52 dollars a barrel, down 4.53 percent from a trade between 107.88 and 113.82 dollars, having hit the lowest level since February 22, when it registered a price of 105.78 dollars.
read more... 16/03/2011
Daily Energy Overview, Monday, March, 14, 2011
U.S. and Brent crude oil futures traded down for a fourth day in five on Friday after the enormous earthquake in Japan and spread worries about a lower oil demand from the third largest oil consumer in the world.
read more... 14/03/2011
Daily Energy Overview, Friday, March 11, 2011
Brent and U.S. crude traded higher on Thursday settling almost 2 dollars over last trading session supported by the protests in Saudi Arabia that boosted Brent and U.S. crude prices. ICE Brent crude for April delivery lost 51 cents being traded at 115.43 dollars a barrel, after registering a trade between 113.52 and 116.55 dollars supported by strengthening the dollar’s index.
read more... 11/03/2011
Daily Energy Overview, Thursday, March, 10, 2011
U.S. crude oil futures traded down by more than 1 dollar on Wednesday following the report release by the American government that showed an increase in crude stocks that kept oil prices in instance even if the continued unrest in Libya keeps strengthening the Brent crude prices.
read more... 10/03/2011