Brent crude declined on Wednesday, but stayed above $ 100 per barrel as pessimistic economic data from all over the world fuelled expectations of a stimulus response by central bank and as rising tensions in Iran fuelled worries of an eventual supply disruption, move that supported oil prices and offset demand concerns.
read more... 04/07/2012
Brent crude slipped below $93 per barrel on Wednesday over intensified worries that European leaders will not be able to solve the euro zone debt crisis at a key meeting this week, but a lower North Sea output due to a workers' strike in Norway was expected to offset losses.
read more... 27/06/2012
Oil crude increased towards $100 a barrel on Wednesday due to optimistic economic data and a larger-than-expected drop in U.S. crude stocks which offset the euro zone debt crisis worries.
read more... 06/06/2012
The United States Department of Commerce has recently announced that it will impose tariffs of 2.9 to 4.73% on solar panels imported from China, move which will offset alleged subsidies that Chinese manufacturers receive.
read more... 24/04/2012
Brent crude rose to $118 a barrel on Wednesday as supply concerns in the Middle East triggered by tensions over Iran and disruptions in South Sudan offset worries about the health of the global economy.
read more... 15/02/2012