Brent and U.S. crude oil futures increased after a choppy trading on Wednesday, backed by improved euro zone economic feeling and Middle East tensions, while higher U.S. crude oil stocks and pessimistic U.S. economic growth figures capped the gains.
read more... 31/01/2013
Ukraine and the world oil giant Royal Dutch Shell signed on January 24 a $10 billion shale gas production sharing agreement aimed at helping the ex-Soviet country to reduce its dependence on Russia.
read more... 31/01/2013
Brent crude prices increased on Tuesday, being supported by optimistic economic data and a weaker dollar that pushed up oil prices. Brent crude for March delivery climbed 88 cents or 0.78 percent, to settle at $114.36 a barrel, having traded from $113.07 to $114.49. Meanwhile, U.S. crude oil futures settled higher at $97.57 a barrel on Tuesday, up $1.13, backed by strong U.S. housing data which spurred the optimism about fuel demand.
read more... 30/01/2013
Brent and U.S. crude oil futures climbed on Monday in choppy trading, which were supported by optimistic durable goods data and by strong gasoline futures, which added 2 cents on Hess Corp's plans to halt a refinery in the Northeast.
read more... 29/01/2013
Front-month Brent crude oil futures settled higher on Thursday at $113.28 a barrel, up 48 cents, backed by optimistic economic data from the United States, China and euro zone.
read more... 25/01/2013