Oil prices advanced 1.85% against the USD for the 24 hour period ending 23:00GMT, closing at 99.59, following strong US consumer confidence data and amid reports the British embassy in Tehran was attacked. Crude prices also rose, after the reports … Continue reading →

Oil prices declined 0.27% against the USD for the 24 hour period ending 23:00GMT, closing at 97.78. In the Asian session, at GMT0400, Crude Oil is trading at 97.65, 0.13% lower from yesterday’s close. Crude oil is expected to find … Continue reading →

Oil prices declined 0.32% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 96.48, as strong US dollar value and a decline in the US equities added pressure on crude oil prices. In the Asian … Continue reading →

Oil prices advanced 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 96.79, as a broadly weaker US dollar and indications of strong US oil demand boosted prices. Crude prices found further support as investors stepped … Continue reading →

  Oil prices declined 1.78% against the USD for the 24 hour period ending 23:00GMT, closing at 95.90, after a dismal German bond auction and weaker-than-expected Euro-zone manufacturing data, added to concerns over an already bleak global outlook. Yesterday the … Continue reading →

Oil prices advanced 0.51% against the USD for the 24 hour period ending 23:00GMT, closing at 97.64, as new sanctions against Iran and protests in Egypt raised concerns over supplies from the oil-rich region. Late Tuesday, the American Petroleum Institute … Continue reading →

Oil prices declined 0.22% against the USD for the 24 hour period ending 23:00GMT, closing at 97.14, as warning from Moody’s Investors Service over France’s credit rating and investors’ expectations that the US supercommittee has failed to reach a deficit-reduction … Continue reading →

Oil prices declined 1.45% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 97.18, over investors’ speculation that fuel demand may falter amid signs of slowing global economic growth in Asia and debt crises in … Continue reading →

Oil prices declined 3.07% against the USD for the 24 hour period ending 23:00GMT, closing at 98.61, on future demand worries, after weak Spanish and French government debt auctions underlined concerns that Europe’s debt crisis was worsening. In the Asian … Continue reading →

Oil prices advanced 2.52% against the USD for the 24 hour period ending 23:00GMT, closing at 101.73, following reports showing a decline in crude oil inventories. The Energy Information Administration reported that the crude supplies declined 1.1 million barrels for … Continue reading →

Oil prices advanced 1.20% against the USD for the 24 hour period ending 23:00GMT, closing at 99.23, amid strong US retail sales and manufacturing data. Late Tuesday, the American Petroleum Institute reported that the crude oil supplies climbed by 1.3 … Continue reading →