Oil prices back in $85 to $90 trading range, in mixed week

Oil prices are back trading in the $85 to $90 range on Friday as a mixed week of news and data in the western world tests crude oil’s support levels.US ...

Brent oil prices trading back over $87 on Greece news

Brent oil prices are back over the $87 mark in early trading on Friday as the oil market was boosted by the easing Greek debt crisis, which in turn helped ...

Oil slick chaos as 210,000 gallons leaking daily into Gulf

American oil slick chaos in the Gulf of Mexico is on the horizon as the latest find of a third leaking location is found beneath the sea from the doomed ...

Oil prices remain bullish amid US rising EIA oil stocks data

Oil prices are holding out and remaining bullish after the latest data from the US EIA showed that crude oil and energy stocks in the US remain high.Light crude oil ...

Light oil prices at $83 in early trading, US dollar dips

US Light crude oil prices open trading around the $83 mark as yesterday’s US Fed interest rate hold made the US dollar dip lower.The US dollar declined yesterday after the ...

Brent oil futures hover at $86, Greece bailout ongoing

Brent crude oil futures are hovering around the $86 mark in early trading in the market on Thursday as ongoing talks relating to the Greece bailout continue.Prices: Brent crude oil ...

Brent oil trading back at $85 as euro’s Greece rating junked

Brent crude oil prices fell in Asian trading on Wednesday as the current Greece euro debt situation worsened after an S&P rating downgrade on Greece’s credit rating to “junk” hit ...

Oil prices trading back down to $82 on stronger US dollar

US Light oil prices are back down to the $82 mark in trading on Wednesday as the US dollar jumped higher amid concerns about a euro debt crisis after Greece’s ...

Gulf of Mexico oil rig spill serious, leaking 42,000 gallons daily

The disaster on the Deepwater Horizon oil rig, which sank last week in the Gulf of Mexico shows no sign of going away as 42,000 gallons of oil (1,000 barrels) ...

Oil prices start the week trading higher on US data

Oil prices are trading slightly higher on Monday in Asia, with Brent crude oil futures taking a lead to a fresh eighteen month high, as manufacturing and home sales data ...
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