Latest news
US oil inventories data shows higher distillates stocks, slight drop in crude oil stocks.
US distillates inventories continue to rise, even if they kept above the normal level for more than a year.
read more... 13/08/2010
European energy market overview from 08.13.2010
Crude oil prices continue their downward movement, with more selling pressure added by negative European economical news. US crude was traded at $76.64 a barrel.
read more... 13/08/2010
Oil prices move towards $82 per barrel
Oil prices are rising fast on hurricanes threatening to enter the Gulf of Mexico and the falling US crude oil inventories.
read more... 04/08/2010
Oil prices cannot break through $80 barrier
The oil prices failed to break the $80 mark resistance. After a short rally last sessions, the crude barrel ended with gains up to $79, after the release of new economical data
read more... 28/07/2010
Elliott Waves forecast oil price at $57 the next 6 months
According to technical analysts, the crude may drop below $57 per barrel in the next 6 months.
read more... 05/07/2010