Crude Oil prices advanced 0.68% against the USD for the 24 hour period ending 23:00GMT, closing at 91.73, amid supply concerns due to North Sea oil production delays and tighter sanctions on Iran from the European Union. In the … Continue reading →

  On Friday, Crude Oil prices declined 1.46% against the USD for the 24 hour period ending 23:00GMT, closing at 91.11, after the International Energy Agency (IEA) trimmed its forecasts for 2012 and 2013 oil demand by 100,000 barrels a … Continue reading →

  Crude Oil prices advanced 1.31% against the USD for the 24 hour period ending 23:00GMT, closing at 92.46, as tensions between Syria and Turkey escalated. Growing tensions between Iran and Israel also buoyed prices as investor feared that increase … Continue reading →

  Crude Oil prices declined 0.71% against the USD for the 24 hour period ending 23:00GMT, closing at 91.26, after the US Energy Information Administration (EIA) and OPEC lowered their forecasts for growth in world oil demand in 2013. The … Continue reading →

Crude Oil prices advanced 2.19% against the USD for the 24 hour period ending 23:00GMT, closing at 91.96. In the Asian session, at GMT0300, Crude Oil is trading at 91.94, marginally lower from yesterday’s close. Turkey confirmed that it was … Continue reading →

Crude Oil prices advanced 0.26% against the USD for the 24 hour period ending 23:00GMT, closing at 89.93, as rising supply concerns due to escalating tensions in the Middle East added to sluggish outlook for global oil demand. Turkish President, … Continue reading →

  On Friday, Crude Oil prices declined 1.76% against the USD for the 24 hour period ending 23:00GMT, closing at 89.89, as signs of a jobs recovery in the US did not impress the oil traders. In the Asian session, … Continue reading →

Crude Oil prices advanced 3.46% against the USD for the 24 hour period ending 23:00GMT, closing at 91.40, after the European Central Bank (ECB) President, Mario Draghi stated that the central bank was ready to start purchasing the debt of … Continue reading →

Crude Oil prices declined 3.62% against the USD for the 24 hour period ending 23:00GMT, closing at 88.34, amid demand concern following weak economic data from Euro-zone and China. Meanwhile, the Energy Information Administration (EIA) reported a decline of 500,000 … Continue reading →

Crude Oil prices declined 0.92% against the USD for the 24 hour period ending 23:00GMT, closing at 91.59, amid rise in the US crude oil inventories. Late yesterday, the American Petroleum Institute (API) that the US crude oil inventories rose … Continue reading →

Crude Oil prices advanced 0.96% against the USD for the 24 hour period ending 23:00GMT, closing at 92.38, following positive US manufacturing data. Investors await the oil inventory reports later today and tomorrow to offer guidance to oil prices. In … Continue reading →