Oil prices advanced 3.10% against the USD on Friday for the 24 hour period ending 23:00GMT, closing at 104.87. Oil futures surged as fighting in Libya continued to add to concerns that unrest could spread to other, nearby oil-producing states. … Continue reading →

Oil prices declined 0.61% against the USD for the 24 hour period ending 23:00GMT, closing at 101.72, on the news that attempts to mediate a peace agreement in Libya were in progress. At GMT 0400, Oil is trading at USD … Continue reading →

Oil prices advanced 2.05% against the USD for the 24 hour period ending 23:00GMT, closing at 102.34. Crude futures closed above $102 a barrel Wednesday, after an unexpected decline in last week’s US oil inventories and continuing political turmoil in … Continue reading →

Oil prices advanced 3.32% against the USD for the 24 hour period ending 23:00GMT, closing at 100.28. At GMT 0400, Oil is trading at USD 99.99 per barrel in the Asian session, 0.29% lower from 23:00GMT. The pair has its … Continue reading →

Oil prices declined 1.20% against the USD for the 24 hour period ending 23:00GMT, closing at 97.06. Crude oil declined on Monday after Saudi Arabia’s reassurances of adequate supply calmed fears of disruptions in supplies from Libya. At GMT 0400, … Continue reading →

Oil prices advanced 1.49% against the USD for the 24 hour period on Friday, ending 23:00GMT, closing at 98.24. Oil advanced as the worsening situation in the Middle East stirred renewed concern about disruptions to oil production. At GMT 0400, … Continue reading →

Oil prices declined 2.48% against the USD for the 24 hour period ending 23:00GMT, closing at 96.80. The EIA crude oil report showed that crude oil inventories increased by 0.8 million barrels to reach 346.7 million barrels from the previous … Continue reading →

Oil prices advanced 3.62% against the USD for the 24 hour period ending 23:00GMT, closing at 99.26. American Petroleum Institute, reported that crude-oil inventories rose by 163,000 barrels in the week to February 18. Additionally, gasoline supplies declined by 1.6 … Continue reading →

Oil prices advanced 4.76% against the USD for the 24 hour period ending 23:00GMT, closing at 95.79. At GMT 0400, Oil is trading at USD 95.76 per barrel in the Asian session, 0.03% lower from 23:00GMT. The pair has its … Continue reading →

Oil prices advanced 5.72% against the USD for the 24 hour period ending 23:00GMT, closing at 91.44. Crude oil futures extended gains on Tuesday, as demonstrations continued in the Middle East and North Africa and key oil producers moved to … Continue reading →

Oil prices declined 0.31% against the USD on Friday for the 24 hour period ending 23:00GMT, closing at 86.08. Crude oil futures ended lower on Friday, as investors were cautious ahead of an upcoming contract expiration and a long holiday … Continue reading →