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Daily – U.S. oil up for the first time in four sessions
U.S. crude oil futures increased for the first time in four sessions on Tuesday on positive New York State manufacturing data, upbeat German investment sentiment and prospects for pro-growth monetary policies in China in the wake of weak economic increase during last quarter. NYMEX crude for February delivery traded at 100.71 dollars a barrel, up 2.01 dollars after a trading range between 98.60 and 101.01 dollars.
read more... 18/01/2012
Daily – Brent up on worries over supply disruptions
ICE Brent crude increased 1 dollar on Monday on fears over supply disruptions after Iran warned Gulf Arab neighbors of consequences if they increased oil production to replace Iranian oil industry facing international sanctions. By 07:22 GMT, ICE Brent crude for February delivery traded at 111.44 dollars a barrel, up 1 dollar.
read more... 17/01/2012
Daily – oil prices mixed on stronger dollar and on Iran’s threat to close the key pipeline
U.S. crude oil futures shed on Monday as stronger US dollar made the dollar-denominated asset costlier, while the drop was capped by supply worries after Iran’s threat to shut a key oil-shipping pipeline. By 00:23 GMT NYMEX crude for February delivery traded at 101.36 dollars a barrel down 20 cents.
read more... 09/01/2012
Daily – oil up over 1 dollar on rising tensions between Iran and the West
Crude oil prices increased over one dollar on Tuesday on fears that rising tensions between Iran and the West could lead to a disruption in oil supplies. By 23:06, NYMEX crude for February delivery traded at 100.30 dollars a barrel, up 1.47 dollars, while by 01:02 GMT, ICE Brent crude for February delivery traded at 108.38 dollars a barrel, up 1 dollar.
read more... 03/01/2012
Daily – oil up on possible supply disruptions
Crude oil futures increased for the fourth day in line on Thursday as turbulence in Iraq and upcoming Iranian navy exercises kept possible supply disruptions. U.S. crude for February delivery traded at 99.53 dollars a barrel, up 86 cents after a trading range between 98.51 and 100.05 dollars, while ICE Brent crude for February delivery settled at 107.89 dollars a barrel, up 18 cents after having traded from 107.29 to 108.50 dollars.
read more... 23/12/2011