Oil prices advanced 1.35% against the USD for the 24 hour period ending 23:00GMT, closing at 86.35. Crude oil rose due to mounting tension in the Middle East. At GMT 0400, Oil is trading at USD 86.31 per barrel in … Continue reading →

Oil prices advanced 0.78% against the USD for the 24 hour period ending 23:00GMT, closing at 85.20. At GMT 0400, Oil is trading at USD 85.07 per barrel in the Asian session, 0.15% lower from 23:00GMT. The pair has its … Continue reading →

Oil prices declined 0.44% against the USD for the 24 hour period ending 23:00GMT, closing at 84.51. At GMT 0400, Oil is trading at USD 84.61 per barrel in the Asian session, 0.12% higher from 23:00GMT. The pair has its … Continue reading →

Oil prices declined 0.67% against the USD for the 24 hour period ending 23:00GMT, closing at 84.93. At GMT 0400, Oil is trading at USD 85.19 per barrel in the Asian session, 0.31% higher from 23:00GMT. The pair has its … Continue reading →

Oil prices declined 2.07% against the USD for the 24 hour period ending 23:00GMT on Friday, closing at 85.78, after the Egyptian President, Hosni Mubarak, resigned and handed power to the military, easing concerns over the disruption of crude-oil supplies … Continue reading →

Oil prices advanced 0.77% against the USD for the 24 hour period ending 23:00GMT, closing at USD 87.59, after Egypt’s President, Hosni Mubarak stated that he would transfer the power to his Vice President, but would not step down. The … Continue reading →

Oil prices declined 0.57% against the USD for the 24 hour period ending 23:00GMT, closing at 86.92. The US Energy Information Administration reported a 1.9 million barrel jump in crude inventories for the week ended on February 4th, compared to … Continue reading →

Oil prices advanced 0.02% against the USD for the 24 hour period ending 23:00GMT, closing at 87.42. Initially, oil traded low on concerns that China’s interest-rate increase would curb the country’s demand for oil. Late Tuesday, the American Petroleum Institute … Continue reading →

Oil prices declined 2.22% against the USD for the 24 hour period ending 23:00GMT, closing at 87.40, amid easing of tensions in Egypt. At GMT 0400, Oil is trading at USD 87.29 per barrel in the Asian session, 0.13% lower … Continue reading →