Oil prices advanced 0.22% against the USD for the 24 hour period ending 23:00GMT, closing at 107.12, amid concerns over potential supply disruptions from Iran. Investors concerns also heightened after the Israeli Prime Minister, Benjamin Netanyahu, showed no signs of … Continue reading →

Oil prices declined 1.76% against the USD for the 24 hour period ending 23:00GMTon Friday, closing at 106.88. In the Asian session, at GMT0400, Crude Oil is trading at 106.98, 0.09% higher from Friday’s close, amid reports that the US … Continue reading →

  Oil prices advanced 1.65% against the USD for the 24 hour period ending 23:00GMT, closing at 108.80, after Israel stated that it would test-fire a ballistic interceptor missile, raising fears of a conflict with Iran. Additionally, oil prices also … Continue reading →

Oil prices advanced 0.66% against the USD for the 24 hour period ending 23:00GMT, closing at 107.03, on speculation that demand for oil might rise after the European Central Bank allocated more than $500 billion of easy loans to the … Continue reading →

Oil prices declined 1.55% against the USD for the 24 hour period ending 23:00GMT, closing at 106.33, as investors continued profit booking amid worries that recent price hike might curb demand for crude oil and after the US orders for … Continue reading →

Oil prices declined 1.42% against the USD for the 24 hour period ending 23:00GMT, closing at 108.00. Investors await the oil inventory reports later today and tomorrow to offer guidance to oil prices. In the Asian session, at GMT0400, Crude … Continue reading →

On Friday, Oil prices advanced 1.12% against the USD for the 24 hour period ending 23:00GMT, closing at 109.76, amid mounting tensions over possible supply disruption following report that Tehran has rapidly expanded its nuclear enrichment production over the last … Continue reading →

Oil prices advanced 2.48% against the USD for the 24 hour period ending 23:00GMT, closing at 108.54, on speculation that demand for oil might rise following strong economic data from the US and Germany. Concerns that Iran’s output may be … Continue reading →

Oil prices declined marginally against the USD for the 24 hour period ending 23:00GMT, closing at 105.91. Earlier yesterday, oil rose on supply concerns, after the International Atomic Energy Agency (IAEA) stated that talks held between its inspectors and Iranian … Continue reading →

Oil prices advanced 1.00% against the USD for the 24 hour period ending 23:00GMT, closing at 105.92, on persistent concerns over Iran oil supplies. Meanwhile, fears grew among oil traders that an escalation of hostilities between Israel and Iran could … Continue reading →

Oil prices declined 0.27% against the USD for the 24 hour period ending 23:00GMT, closing at 104.87, as investors booked profits after oil prices crossed $105 per barrel. During the day, oil climbed on news that Iran was halting its … Continue reading →