Crude Oil prices advanced 1.71% against the USD for the 24 hour period ending 23:00GMT, closing at 99.75, as investors fretted that political turmoil in Egypt could disrupt oil supplies from the Middle East. Separately, the American Petroleum Institute … Continue reading →

  Crude Oil prices advanced 1.87% against the USD for the 24 hour period ending 23:00GMT, closing at 98.07, after better-than-expected manufacturing activity in the US and the Euro-zone increased demand prospects for the fuel. In the Asian session, at … Continue reading →

  On Friday, Crude Oil prices declined 0.27% against the USD for the period ending 21:00GMT, closing at 96.56, after economic data indicated an unexpected slowdown in the US business activity in June spurring demand concerns for the fuel. In … Continue reading →

  Crude Oil prices advanced 0.43% against the USD for the 24 hour period ending 23:00GMT, closing at 95.52, after weaker-than-estimated US GDP data eased worries that the Federal Reserve would curb stimulus soon. The Energy Information Administration indicated that … Continue reading →

  Crude Oil prices advanced marginally against the USD for the 24 hour period ending 23:00GMT, closing at 95.11, as better-than-expected economic data from the US and an assurance from a People’s Bank of China official to address the nation’s … Continue reading →

  Crude Oil prices advanced 1.40% against the USD for the 24 hour period ending 23:00GMT, closing at 95.07, on worries of supply disruption after a flood in Alberta resulted in a shutdown of three pipelines. In the Asian session, … Continue reading →

  On Friday, Crude Oil prices declined 1.11% against the USD for the period ending 21:00GMT, closing at 93.93, extending its previous losses after the Federal Reserve indicated that it might wind down its $85 billion bond purchase program later … Continue reading →

  Crude Oil prices declined 2.85% against the USD for the 24 hour period ending 23:00GMT, closing at 94.98, on demand concerns following downbeat Chinese manufacturing data and the Federal Reserve Chairman, Ben Bernanke’s comments on possible imminent tapering of … Continue reading →

  Crude Oil prices declined 0.80% against the USD for the 24 hour period ending 23:00GMT, closing at 97.77, after the Federal Reserve Chairman, Ben Bernanke hinted for a probable pull back of the central bank’s $85 billion bond purchase … Continue reading →

  Crude Oil prices advanced 0.79% against the USD for the 24 hour period ending 23:00GMT, closing at 98.56, as supply concerns increased following mounting tensions in the Middle East. At the same time, the American Petroleum Institute, in its … Continue reading →

  Crude Oil prices ended flat against the USD for the 24 hour period ending 23:00GMT, closing at 97.79. Investors are concerned that the conflict in Syria could spread and disrupt oil supplies from key producing countries, following reports that … Continue reading →