Crude Oil prices advanced 1.22% against the USD for the 24 hour period ending 23:00GMT, closing at 86.28, as Israel’s launch of an offensive against Palestinian militants in Gaza, killed a Hamas military leader, which sent oil prices higher … Continue reading →

  Crude Oil prices declined 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 85.24, after the International Energy Agency (IEA) lowered its estimates for global oil demand for the Q4 FY2012 by 290,000 barrels to … Continue reading →

  Crude Oil prices declined 0.79% against the USD for the 24 hour period ending 23:00GMT, closing at 85.42, amid rising demand concerns after a report indicated that Japan’s economy slowed more-than-expected, thereby adding to fears over the weakening of … Continue reading →

  On Friday, Crude Oil prices advanced 1.35% against the USD for the 24 hour period ending 24:00GMT, closing at 86.17, boosted by an upbeat industrial production data from China and as consumer sentiment in the US rose to a … Continue reading →

  Crude Oil prices advanced 0.40% against the USD for the 24 hour period ending 23:00GMT, closing at 85.03, amid upbeat US economic news. However, gains were limited, as the European Central Bank President, Mario Draghi, maintained a downbeat outlook … Continue reading →

  Crude Oil prices declined 4.06% against the USD for the 24 hour period ending 23:00GMT, closing at 84.68, amid concerns over the fiscal crisis in the US and as the Europe’s crisis swung back into focus after European Central … Continue reading →

  Crude Oil prices advanced 2.89% against the USD for the 24 hour period ending 23:00GMT, closing at 88.26, on renewed supply worries after violence in the Middle East escalated. Late Tuesday, the American Petroleum Institute reported that crude oil … Continue reading →

  Crude Oil prices advanced 1.19% against the USD for the 24 hour period ending 23:00GMT, closing at 85.79, as worries about unrest in the Middle East, a key source of crude oil for the world, were revived after a … Continue reading →

  On Friday, Crude Oil prices declined 2.42% against the USD for the 24 hour period ending 24:00GMT, closing at 84.79, as investors remained on the sidelines ahead of US Presidential elections, fretting about the economic policies of the candidates … Continue reading →

  Crude Oil prices advanced 0.88% against the USD for the 24 hour period ending 23:00GMT, closing at 86.89, after a US government report indicated that oil supplies declined unexpectedly last week. Positive economic data from the US also supported … Continue reading →

  Crude Oil prices advanced 0.49% against the USD for the 24 hour period ending 23:00GMT, closing at 86.12, on concerns over near-term oil supplies in the US following a fierce storm that caused havoc across the northeastern part of … Continue reading →