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Daily – Power down on coming milder weather
WTi and Brent crude oil futures continued to go down in post-settlement trading on Tuesday following industry released data which indicated an increase in domestic crude stocks at 4.6 million barrels previous week, much more as predicted in a Reuters poll. By 21:36 GMT, WTi crude for April delivery traded at 104.74 dollars a barrel, down 1.98 dollars, while ICE Brent crude for April delivery settled at 122.14 dollars a barrel, losing 1.66 dollars.
read more... 07/03/2012
Daily – WTi and Brent end down on Saudi worries
U.S. and ICE Brent crude oil futures decreased over 2 percent on Friday as Saudi Arabia denied a report on a pipeline fire, reassuring markets over its oil supply, and a higher dollar led investors to pare their holdings in riskier assets in oil and other commodities. WTi crude for April delivery traded at 105.80 dollars a barrel, losing 3.04 dollars, while ICE Brent crude for April delivery valued 123.65 dollars a barrel, down 2.55 dollars.
read more... 05/03/2012
Daily – U.S. and Brent crude extend gains on supply worries
U.S. and Brent crude oil futures went up on Thursday on supply worries and rising tensions in Iran. By 20:28 GMT, WTi crude traded at 109.66 dollars a barrel, gaining 2.59 dollars, after having reached the utmost level at 110.55 dollars, while ICE Brent crude valued 127.30 dollars, gaining 4.64 dollars, after registering the utmost settlement of 128.40 dollars.
read more... 02/03/2012
Daily – US crude adds to losses, Brent pares gains
U.S. crude oil futures decreased in post-settlement trading on Wednesday after industry data indicated an increase in U.S. crude stockpiles much more than expected previous week. By 21:35 GMT, U.S. WTi crude for April delivery traded at 105.91 dollars a barrel, losing 34 cents.
read more... 23/02/2012
Daily – U.S. crude ends at 9-month high on Iran, Greece
U.S. crude oil futures increased on Tuesday for the fourth day in line, registering the utmost level in nine months with the NYMEX WTi crude oil futures for March delivery traded at 105.84 dollars a barrel, gaining 2.60 dollars, hitting the utmost settlement since May 4, when it hit 109.24 dollars.
read more... 22/02/2012