Crude oil price forecast for 2011 cut to $88 by ANZ Bank

Australia's ANZ bank lowered its WTI crude oil price forecast for crude oil on the NYMEX by one percent for 2011, citing higher than average inventories and slowing economic growth ...

WTI oil price trading over $75 on weaker US dollar

WTI oil prices are trading over the $75 mark on Wednesday as the US dollar looks weaker, helping commodities including oil futures and gold to rise.US Light crude oil futures ...

UK economic recovery? Oil price shocks won’t help

The UK's apparent economic recovery could be knocked off course by a series of 1970's style oil price shocks, the UK Energy Secretary Chris Huhne warned yesterday pointing out there ...

Brent oil price trades over $79 as the US dollar weakens

Brent crude oil prices are trading over the $79 mark on Tuesday as the US dollar weakens, boosting oil futures and other commodities including gold which is mantaining it's all ...

WTI oil trading over $76 as stock markets move higher

WTI oil prices are trading over the $76 a barrel mark on Tuesday in Asia as European and US stock markets closed higher yesterday and await a key US Fed ...

Brent oil trading firm at $78 as ICE Dollar Index falls

Brent oil prices open the week's trading session firm at the $78 a barrel mark amid signs that the ICE Dollar Index is heading lower.In London, Brent crude oil futures ...

WTI oil price opens higher near $74, maybe oversold

WTI oil prices rose in Asian trading this morning as investors took the view that oil futures were oversold last week in the wake of poor US consumer confidence data ...

Brent oil ends week’s trading session hanging onto gains

Brent oil futures end the week's trading session hanging onto gains made earlier in the week as the gap between oil futures contracts widens.In London, Brent crude oil futures for ...

WTI oil price under $74 posting a 4 day loosing streak

WTI oil futures close the week's trading session under the $74 mark which is a straight 4 day loosing streak as more gloomy news comes out of the US.US Light ...

Brent oil price at $79 helped by falling ICE Dollar Index

Brent oil prices open Friday's trading session around the $79 mark as a falling US ICE Dollar Index supports Brent oil futures with a weaker US dollar against other currencies ...

WTI oil futures trading near $75 on latest mixed US data

WTI oil futures are trading near the $75 a barrel mark on Friday as the latest economic data out from the US paints a mixed picture suggesting that the US ...

Brent oil trading close to $79 amid higher US dollar

Brent oil futures open Thursday's trading session hanging onto levels near the $79 mark as a higher US dollar threatens to put a cap on higher oil prices.In London, Brent ...

WTI oil price heads towards $75 on high US supplies

WTI oil prices are heading back towards the $75 mark in early trading today amid high US crude oil supplies which are still seven percent above 2009 levels, suggesting oil ...

Brent oil price near $79, US Dollar Index remains mixed

Brent oil prices are hovering around the $79 mark on Wednesday as stock markets remain mixed and the ICE US Dollar index falls lower, then regains some ground.In London, Brent ...

WTI oil price trading near $76 as Brent gap widens

WTI oil prices are trading near the $76 a barrel mark in Asia on Wednesday as the gap between ICE Brent and NYMEX WTI contracts widens to around $3 a ...
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