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Daily energy Overview, Monday, July 25, 2011
U.S. crude oil futures traded near 100 dollars a barrel on Friday, the utmost level over the last six weeks. NYMEX crude for September delivery traded at 99.87 dollars a barrel, up 74 cents, the highest since June 9, when it hit 101.93 dollars.
read more... 25/07/2011
Daily energy Overview, Friday, July 22, 2011
U.S. crude oil futures increased to above 100 dollars on Thursday, having hit the utmost level in more than four weeks on weaker dollar as the Philadelphia Federal Reserve released report on business conditions. NYMEX crude for September delivery traded at 99.84 dollars a barrel, up 1.44 dollars, after registering the utmost level of 100.10 dollars a barrel since June 10.
read more... 22/07/2011
Daily energy Overview, Thursday, July 21, 2011
U.S. and Brent crude oil futures increased again on Wednesday on rising optimism that the euro zone and US debt issues would be resolved. NYMEX crude contract for September delivery traded at 98.40 dollars a barrel, lifting 54 cents after a trading range between 96.93 and 99.37 dollars, while ICE Brent crude for September delivery settled at 118.15 dollars a barrel, up 1.09 dollars, after trading from 117.06 to 118.86 dollars.
read more... 21/07/2011
Daily energy Overview, Wednesday, July 20, 2011
U.S. crude oil futures pared gains in the post-settlement trading on Tuesday after industry data indicated a huge drop in domestic crude inventories last week. By 20:35 GMT, U.S. crude for August delivery settled at 98.05 dollars a barrel, up 2.12 dollars.
read more... 20/07/2011
Daily energy Overview, Tuesday, July 19, 2011
U.S. and Brent crude oil futures sank on Monday following a sudden drop in prices supported by rising worries about a dissonant debt crisis in the euro zone and a hot dispute in the United States. By 14:15 GMT, NYMEX crude for August delivery valued 95.10 dollars a barrel, down 2.14 dollars, having hit in an earlier trading a high value of 97.69 dollars. ICE Brent for September delivery settled at 116.05 dollars, down 1.21 dollars after a trading range from 114.66 to 117.80 dollars.
read more... 19/07/2011