Brent oil price back at $75, Euro debt spooks the market

ICE Brent oil prices have fallen well over three percent in trading on Tuesday afternoon as Euro debt worries spook markets worldwide send Brent back to the $75 mark.In London, ...

Crude oil prices fall heavily, following stock markets lower

Crude oil prices have fallen over three percent in trading today as global stock markets tumbled lower and risk appetite dwindled on renewed worries over Eurozone debt and fiscal problems.WTI ...

WTI oil price lower, Hurricane Alex to miss Gulf oil platforms

WTI oil prices are trading lower, just under the $78 mark on Monday as the latest US weather data suggests that Hurricane Alex should miss inmportant Gulf oil platforms later ...

Brent oil back under $78 in light trading, Euro battered

Brent crude oil prices are trading back under the $78 in a relatively light session on Monday as the Euro takes another battering on the currency markets.In London, Brent crude ...

WTI oil prices trading higher, eyes on Gulf hurricane Alex

WTI oil prices opened the week's trading higher as tropical storm Alex is expected to regain strength in the coming days as it moves over warmer waters in the Gulf ...

Storm Alex may become hurricane & eye Gulf oil production

Tropical storm Alex has strengthened and may move closer towards the Gulf of Mexico and the oil production facilities with winds approaching hurricane status.The latest forecast from the National Hurricane ...

WTI oil price ends week trading near $79, two month high

WTI Light oil futures end the week's trading session near the $79 a barrel mark, which is a two month high as oil prices bounce on news that a tropical ...

Oil prices in upward storm as nature whips the Gulf again

Both Brent and Light crude oil prices ended the week trading higher as hurricane Alex contemplates whiping the Gulf of Mexico and the oil platforms that lye in it's wake.WTI ...

WTI oil price trading higher as Gulf cyclone Alex heads in

WTI Light oil prices edged higher in early trading on Friday after a US government forecast raised the chances that a weather system headed towards the Gulf of Mexico (named ...

Brent oil price hovers at $76 as Europe crisis bites deeper

Brent oil prices are trading around the $76 mark early on Friday as renewed questions about the European debt crisis bites deeper on speculation the G20 summit this weekend won’t ...

Oil prices trading lower as IEA predicts oversupply to 2015

Oil prices are trading lower on Thursday as the IEA predicts that world crude oil markets are set to remain oversupplied until 2015, the IEA stated in its annual medium ...

Oil prices under $76 as US oil stocks higher, Gulf ban lifted

Both ICE Brent and WTI oil futures are trading over $2 lower on Thursday as the latest data from the US shows that crude supplies unexpectedly grew last week, whilst ...

Brent oil price trading lower, is double dip on it’s way?

Brent crude oil prices are trading lower at close on Tuesday as investors and economists try to work out if a double dip global downturn is on it's way.In London, ...

Gulf deepwater oil drilling ban is lifted by US judge

A federal US judge struck down President Obama's 6 month oil drilling ban on deepwater oil drilling in the Gulf of Mexico on Tuesday, saying the US administration had rashly ...

Oil prices skid below $78 as Dollar Index trades higher

Oil prices skidded below the $78 mark in trading on Tuesday as the Dollar Index gained a little strength against the Euro and other main currencies.WTI Light crude oil futures ...
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