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Daily Energy Overview, Monday, February 07, 2011
Crude futures dropped almost 2 percent on Friday on news that the President of Egypt could resign. The ICE Brent for March delivery eased 1.93 dollars being traded at 99.83 dollars a barrel.
read more... 07/02/2011
Daily Energy Market Overview, Friday, January, 04, 2011
Civil uprisings in Tunisia, Egypt and Jordan emerged as the main fear factor for volatile oil market that pushed Brent crude oil above 100 dollars a barrel.
read more... 04/02/2011
Daily Energy Overview, Thursday, February 03, 2011
Oil prices increased on Wednesday on persisting concerns that the unrest in Egypt could develop across the Middle East and North Africa.
read more... 03/02/2011
Daily Energy Overview, Wednesday, February 02, 2011
Oil prices increased on Wednesday, with ICE Brent crude futures hitting almost the highest level since September 2008 on persisting concerns over unrest in Egypt, source of over a third of the world's oil.
read more... 02/02/2011
Daily Energy Overview, Tuesday, February 01, 2011
Oil prices retreated on Tuesday as the second-largest oil consumer in the world, China, has seen its factory growth plunging to a five-month low, indicating demand may not augment as rapidly as expected, and amid concerns that disorder in Egypt could endanger the stability of the Middle East and interrupt oil shipments from the region, though keeping Brent above $100.
read more... 01/02/2011