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Daily Energy Overview, Thursday, February 17, 2011
U.S. crude added 67 cents to 84.99 dollars after three consecutive days of losses, while Brent gained a high of up 104.52 dollars a barrel but closing the trading session registering an increase of 2.14 dollars to 103.78 dollars a barrel, highest closing level since September 2008.
read more... 17/02/2011
Daily Energy Overview, Wednesday, February 16, 2011
U.S. crude futures lost 43 cents to 84.38 dollars a barrel on Tuesday, with little change comparing to the price level before the releasing of the report concerning US crude stock levels, showing an unexpected fall.
read more... 16/02/2011
Daily Energy Overview, Tuesday, February 15, 2011
U.S. crude oil futures prices eased on Monday following high domestic inventories, thus widening the premium of the NYMEX April contract settlement to the front-month March to 4.23 dollars. Brent's crude for April premium against NYMEX crude closed at $14.35, with Brent crude for April contract at 103.08 dollar a barrel, reaching the utmost level since September 26, 2008.
read more... 15/02/2011
Daily Energy Overview, Monday, February 14, 2011
U.S. crude oil futures traded at their lowest level in the last 10 weeks on Friday after the acceptances of despair of Egyptian President that could possibly disrupt the oil supplies through the Suez Canal, being a vital pipeline.
read more... 14/02/2011
Daily Energy Overview, Friday, February 11, 2011
U.S. crude futures went slightly up, while prices for ICE Brent March contract fell to 101.29 dollars a barrel, afterward the Egyptian President Hosni Mubarak announced to shift its position to the Vice President Omar Suleiman. Meanwhile, the March crude contract added 56 cents to 87.27 dollars a barrel by 21:13 GMT on the New York Mercantile Exchange.
read more... 11/02/2011