Oil price fell sharply on high US oil inventories. US crude oil was traded at $74.69 per barrel, 1 dollar less than the previous session.
read more... 19/08/2010
The decline of crude has finally stopped, gaining more than 1% after registering one-month low on Monday. The price for September delivery was $ 76.82, $1.20 higher than the last session.
read more... 18/08/2010
The weaker dollar helps oil to regain some of its lost positions.
read more... 17/08/2010
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
Oil fell under $80 mark, the September delivery losing 72 cents down to $79.53, continuing its yesterday’s downward move.
read more... 12/08/2010