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Daily Energy Overview, March, Thursday, 24, 2011
U.S. crude oil futures increased above 105 dollars a barrel at settlement on Wednesday, reaching their highest level in two-and-a-half year, supported by persistent military operations in Libya and unstable situation in the Middle East countries but also by falling U.S. gasoline stocks.
read more... 24/03/2011
Daily Energy Overview, March, Wednesday, 23, 2011
U.S. and Brent oil futures traded up on Tuesday as increasing tensions in the Middle East countries and the U.N. continued air strikes in Libya sparked more concerns on oil supply disruptions.
read more... 23/03/2011
Daily Energy Overview, Tuesday, March, 22, 2011
U.S. and Brent crude oil futures traded higher on Monday following the U.N. mandated airstrikes in Libya and the lasting unrest in the Middle East countries.
read more... 22/03/2011
Daily Energy Overview, March, Monday, 21, 2011
U.S. and Brent crude oil prices decreased by over 1 dollar on Friday in volatile trading following news concerning Libya’s president to accept the U.N. resolution in order to cease the military actions against the rebels. U.S. crude for April delivery shed 75 cents to 100.67 dollars a barrel, trading range being from 100.38 to 103.66 dollars, while the ICE Brent crude for May delivery traded 1.02 dollars down at 113.88 dollars a barrel at 12:47 GMT, registering a tradeing range from 113.07 to 117.29 dollars.
read more... 21/03/2011
Daily Energy Overview, Friday, March, 18, 2011
U.S. crude oil stockpiles raised more last week as it was predicted, following increase in imports, while gasoline and distillates stocks decreased.
read more... 18/03/2011