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Crude oil prices oil may fall next week amid recent increases in US oil supplies and rising oil output from OPEC member countries could all point the way to lower prices.
In a recent survey by Bloomberg, 15 of 36 analysts, or 42 percent, forecast that oil prices will decline through August 6th, with 12 respondents, [...]
Oil is trading lower in Friday’s afternoon session as worse than expected US GDP data pushes markets lower, but will the falling US dollar help cushion oil prices from steep losses?
US GDP, or the value of all goods and services produced in the United States, has risen only 2.4% in the second quarter of 2010 [...]
Oil prices are little changed in a very light trading session so far today as investors are awaiting the latest US GDP data which may point the way forward.
In London, Brent crude oil futures for September 2010 delivery was at $77.08, 11.45 GMT on the ICE Futures Exchange, while US Light crude oil futures were [...]
With current stock market volatility, it’s true to suggest that trading oil futures, getting the upside and downside on oil pricing is difficult to predict, well what’s new?
This week, Dennis Gartman a hedge fund manager says oil trading investors should best head for the exits until an expected round of volatility works itself out.
A bearish [...]
Both Brent and Light crude oil prices are so far hanging onto trading gains today and have had a roller coaster ride, posting two percent gains early on then falling back as US stock markets slide lower.
In London, Brent crude oil futures for September 2010 delivery was at $77.06, 17.00 GMT on the ICE Futures [...]
WTI oil prices are trading firm around the $77 a barrel mark on Thursday and could push higher as investors look to stock markets and the US dollar to guess future oil price direction.
US Light crude oil futures for September 2010 delivery were at $77.30, 08.00 GMT on the NYMEX after closing Wednesday’s trading session [...]
Brent oil prices are trading up in Asia on Thursday over the $76 mark as europe’s biggest oil company Shell posts a big $4.5bn operating profit, partly due to higher oil prices.
In London, Brent crude oil futures for September 2010 delivery were at $76.35, 08.00 GMT on the ICE Futures Exchange.
“This is a good performance [...]
Crude oil prices are trading down at close on Wednesday in uncertain markets as US stocks dip lower and investors question the strength of any global recovery, coming anytime soon?
In London, Brent crude oil futures for September 2010 delivery were at $75.76, 21.00 GMT on the ICE Futures Exchange, while US Light crude oil futures [...]
Brent oil prices are trading back near the $76 mark on Wednesday as prices took a knock lower yesterday amid the latest grim reports on US consumer confidence and manufacturing.
In London, Brent crude oil futures for September 2010 delivery was at $75.98, 07.00 GMT on the ICE Futures Exchange.
The US Conference Board reported that its [...]
WTI oil prices are trading back near the $77 mark Wednesday in Asia after a report showed that US crude supplies jumped higher last week, suggesting that crude oil demand in the US remains weak.
US Light crude oil futures for September 2010 delivery were at $77.40, 07.00 GMT on the NYMEX after slipping to $77.00 [...]
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Brent oil price firm at $77 as Asian markets move higherBrent oil prices are trading up early on Monday, firm around $77 a barrel as Asian stock markets get a boost from Friday’s market rally in the US and Europe and move higher.
In London, Brent crude oil futures for October 2010 delivery was trading at $76.65 a barrel, 07.45 GMT on the ICE Futures Exchange, [...]
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