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Daily – oil down for a third consecutive session
U.S. crude oil futures went down for a third consecutive session on Friday, falling from early highs on worries over Europe’s debt crisis and following the breach of a technical supported prompted further selling. NYMEX crude for January delivery traded at 93.53 dollars a barrel, losing 34 cents after a trading range from 92.52 to 94.79 dollars.
read more... 19/12/2011
Daily – Crude oil hit its lowest in 6 weeks on demand concerns
U.S. crude oil futures increased early on Thursday after U.S. economic reports, but ended at their lowest level in six weeks on persistent worries over global oil demand. NYMEX crude for January delivery settled at 93.87 dollars a barrel, down 1.08 dollars, while ICE Brent crude for January delivery pared some of the losses to end at 105.09 dollars a barrel, up 7 cents.
read more... 16/12/2011
Daily- Oil above $100 per barrel on euro zone optimism
US crude oil futures have augmented $3.97 to a high of $100.74 per barrel on Monday on stronger consumer spending and on optimism that European leaders will solve the euro zone debt crisis, while ICE Brent crude futures for January delivery traded at a high of $109.40, up $3 dollars per barrels, before receding back to $108.70 by 11:28 GMT.
read more... 28/11/2011
Daily – oil mixed on worries over global economic increase
U.S. crude oil futures decreased on Thursday as fears over global economic increase and firmer dollar outweighed a sharp drawdown in U.S. crude inventories. By 00:05 GMT, NYMEX crude oil for January delivery settled at 95.93 dollars a barrel, losing 24 cents.
read more... 25/11/2011
Daily – US crude ends down on liquidations of December contract
NYMEX crude oil futures decreased on Friday as investors liquidated the December contract before it expired at the close, continuing to go down for a second day in line after prices increased over 100 dollars of the midweek level. NYMEX crude for December delivery closed at 97.41 dollars a barrel.
read more... 21/11/2011