Latest news
Daily energy Overview, Wednesday, August 10, 2011
Crude oil futures increased in the post-settlement trading on Tuesday after released report by API about a surprise 5.2 million-barrel draw in the U.S. stockpiles previous week. NYMEX crude for September delivery traded at 81.75 dollars a barrel, up 44 cents after a trading range between 75.71 and 83.05 dollars. Meanwhile, by 20:00 GMT, ICE Brent crude for September delivery traded at 104.21 dollars a barrel, up 47 cents.
read more... 10/08/2011
Daily energy Overview, Tuesday, August 09, 2011
U.S. and Brent crude oil futures pared huge losses on Monday, having hit the lowest level since February after a U.S. credit downgrade sparked financial and commodity markets. U.S crude for September delivery traded at 81.31 dollars a barrel, down 5.57 dollars, registering the lowest level since November 23, 2010, when it closed the session at 81.25 dollars a barrel.
read more... 09/08/2011
Daily energy Overview, Tuesday, August 02, 2011
U.S. crude oil futures eased on Monday registering early gains on indicated weak manufacturing data in the U.S. from the Institute for Supply Management. NYMEX crude for September delivery traded at 94.89 dollars a barrel, losing 81 cents after trading between 93.42 and 98.60 dollars.
read more... 02/08/2011
Daily energy Overview, Friday, July 29, 2011
U.S. crude oil futures went up on Thursday in a choppy trading driving up by encouraging job data and uncertainty over the debt in the USA. U.S. crude for September delivery settled at 97.44 dollars a barrel, after a trading range between 96.51 and 98.01 dollars.
read more... 29/07/2011
Daily energy Overview, Wednesday, July 27, 2011
U.S. crude oil futures decreased in the post-settlement trading on Tuesday on industry data indicating an increase of 4.0 million barrels in domestic crude stocks last week against forecasts for a decrease. By 20:34 GMT, NYMEX crude for September delivery settled at 99.10 dollars a barrel, losing 10 cents.
read more... 27/07/2011