Oil prices advanced 3.96% against the USD for the 24 hour period ending 23:00GMT, closing at 101.85, on signals that the global economic recovery remains intact. At GMT 0300, Oil is trading at USD 101.01 per barrel in the Asian … Continue reading →

Oil prices declined 1.84% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 98.06. At GMT 0300, Oil is trading at USD 98.80 per barrel in the Asian session, 0.75% higher from 23:00GMT. The pair … Continue reading →

Oil prices declined 8.05% against the USD for the 24 hour period ending 23:00GMT, closing at 99.89, amid fears of lower-than-expected global economic growth and amid a stronger dollar. At GMT 0300, Oil is trading at USD100.58 per barrel in … Continue reading →

Oil prices declined 1.81% against the USD for the 24 hour period ending 23:00GMT, closing at 108.63. In the US, the Energy Information Administration, reported that the crude oil inventories increased by 3.40 million barrels to 366.50 million barrels last … Continue reading →

Oil prices declined 2.11% against the USD for the 24 hour period ending 23:00GMT, closing at 110.63, on rise in crude oil inventories and investor’s focus on plunge in silver prices. In the US, the American Petroleum Institute reported that … Continue reading →

Oil prices declined 0.15% against the USD for the 24 hour period ending 23:00GMT, closing at 113.02, amid news that Al-Qaeda leader Osama bin Laden was killed in Pakistan and after data indicated that manufacturing in the US cooled in … Continue reading →

Oil prices advanced 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 113.85, amid weaker dollar and as investors remained cautious on fuel demand following the ongoing turmoil in North Africa and the Middle East. At … Continue reading →

Oil prices declined 0.60% against the USD for the 24 hour period ending 23:00GMT, closing at 112.80, on signs the US economy is slowing, signaling fuel demand in the world’s biggest crude-consuming nation may falter. At GMT 0300, Oil is … Continue reading →

Oil prices advanced 1.18% against the USD for the 24 hour period ending 23:00GMT, closing at 113.48, after the US Federal Reserve signaled no change in its monetary policy. In the US, the Energy Information Administration reported that the crude … Continue reading →

Oil prices advanced 0.26% against the USD for the 24 hour period ending 23:00GMT, closing at 112.16, as greenback weakened. The American Petroleum Institute reported that the crude oil inventories rose by 4.9 million barrels for the week ended April … Continue reading →

Oil prices declined 0.71% against the USD for the 24 hour period ending 23:00GMT, closing at 111.87, as speculation that global supplies are sufficient, prompted investors to book profit. Investors await weekly crude oil inventory data to be released by … Continue reading →