Latest news
Brent or WTI– which global benchmark?
It has been coming for years, but Brent looks set finally to overtake U.S. light crude as the preeminent oil benchmark next year as one of the top financial market indexes switches weightings.
read more... 22/11/2012
Daily – Crude ends higher as Iran talks extended
WTi and ICE Brent crude oil futures increased on Thursday as Iran and major powers, unable to sign an agreement on Tehran’s disputed nuclear program, ended negotiations until next month.
read more... 25/05/2012
Daily – Gas prices up on stronger exports to Belgium
U.S. crude oil futures shed on Wednesday on the way to a sixth straight lower index, but settled well above its intraday low. WTi crude for June delivery traded at 96.81 dollars a barrel, down 20 cents.
read more... 10/05/2012
Daily – U.S. crude ends down, but well above intraday low
WTi and ICE Brent crude oil futures decreased on Monday, in choppy trading recovering from intraday lows and on European election results that renewed concerns over the region’s debt woes.
read more... 08/05/2012
Daily – crude oil futures down on worries about the euro zone economy
U.S. crude oil futures traded down on Monday on concerns over the euro zone economy and low U.S. economic data, but losses were pared on hopes that Federal Reserve will adopt more monetary easing to support the struggling economy. WTi crude oil futures for June delivery traded at 104.87 dollars a barrel after trading range between 103.88 and 105.16 dollars.
read more... 01/05/2012