Latest news
Daily – Brent down on discords between France and Germany
U.S. crude oil futures increased on Friday on optimism for euro zone debt crisis ahead of the summits in the coming week that spurred worries among investors. NYMEX crude for December delivery traded at 87.40 dollars a barrel, up 1.33 dollars after a trading range from 85.95 to 88.89 dollars.
read more... 24/10/2011
Daily – Brent up for the sixth consecutive session
U.S. crude oil futures decreased in post settlement trading on Wednesday on industry released data about a huge drop in domestic crude stockpiles previous week, against forecast about a modest increase. Distillate and gasoline stockpiles also dropped much more than it was forecasted. By 20:33 GMT, NYMEX crude for November delivery traded at 85.01 dollars a barrel, losing 80 cents.
read more... 13/10/2011
Daily – higher than expected drop in U.S. crude inventories
Crude oil futures continued to increase on Wednesday on released report by the U.S. government about a drop in crude oil stockpiles previous week against expectations that would be higher. NYMEX crude for November delivery traded at 79.68 dollars a barrel, lifting 4.01 dollars after having traded from 76.94 to 79.79 dollars. By 14:42 GMT, ICE Brent crude for November delivery traded at 102.29 dollars a barrel, adding 2.50 dollars after a trading range between 100.66 and 102.56 dollars.
read more... 06/10/2011
Daily – oil down on worries for global economy
Oil prices deepened on Friday on fresh worries for global economy, driving down Brent crude by more than 10 percent this month. NYMEX crude oil futures for November delivery traded at 79.20 dollars a barrel, losing 2.94 dollars, after a trading range from 78.77 to 83.23 dollars, while ICE Brent crude for November delivery traded at 102.76 dollars a barrel, losing 1.19 dollars after settling a session low level of 101.78 dollars.
read more... 03/10/2011
Daily – oil up on lower as expected industry data
U.S. and Brent crude oil futures increased on Tuesday after released industry data about a lower as expected increase in domestic crude stocks and a huge fall at Cushing, Oklahoma delivery hub.
read more... 28/09/2011