Crude oil prices rebounded towards six-month highs on Monday backed by a weaker dollar and expectations of a revival in demand growth, after Greece approved an austerity bill to secure a second bailout.
read more... 13/02/2012
NYMEX and Brent crude oil futures increased for a fifth consecutive session on Tuesday, supported by a rebound in equities and on news that U.S. government broke up an alleged plot bomb Israeli and Saudi Arabian embassies in Washington.
read more... 12/10/2011
U.S. crude oil futures rebounded on Wednesday after API data indicated a more-than-expected fall in domestic crude inventories during the previous week, while Brent prices were almost steady after the news of latest interest rate raise in China and a downgrade of Portugal’s credit rating against the outlook for higher energy demand in the second half of 2011.
read more... 07/07/2011
Crude oil futures traded higher on Wednesday after the EIA data indicated a drop in crude and refined products stockpiles last week, a rebound on the equity market and a weaker dollar.
read more... 21/04/2011
Oil prices rebounded slightly on positive French and German economical data. The Brent for September was traded at $75.70 per barrel, up by 18 cents.
read more... 16/08/2010