If Iran were to follow through with its threat to close the Strait of Hormuz, the impact would be immediate as energy analysts say the price of oil would start to soar and could rise 50 percent or more within
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JP Morgan said on Friday it sees continued upside price risks conducive to oil prices moving to $130 per barrel for 2013 from ongoing geopolitical issues, low spare capacity, the potential for stock building, and currency related issues. Oil Price
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Brent oil prices open today's trading session lower, near $116 a barrel as the US dollar makes gains, as seen by upward movements on the ICE Dollar Index, which may ...
Brent oil prices closed off Thursday's trading session back over $124 a barrel as the Easter holiday had traders covering their positions in oil futures, concerned about being caught out ...
WTI oil futures open Wednesday's trading session firm over $87 a barrel as the price spread between US Light oil and Brent contracts continues to remain at record highs, the ...
WTI oil futures end this week's trading session back over $89 a barrel after oil traders and investors pile back into crude oil on a buying frenzy, with next week ...
With 2010 at a close, we take a look at oil prices over the last 12 months and attempt to make an oil price forecast for 2011, backed up by ...
From time to time our team review the latest online oil trading platforms where you can by and sell oil futures, and in this article we focus on a review ...
Brent oil prices open Friday's trading session firm over $85 a barrel as a weaker US dollar pushes oil, gold and other commodity prices back into positive ground.Latest Brent Oil ...
Both Brent and WTI oil prices fell more than $5 this week as a string of economic indicators showed that global recovery is slowing around the world, raising fears of ...
The latest US EIA forecasts that oil prices are to rise higher later in 2010 as reported in the EIA's latest Short Term Energy Outlook published yesterday.EIA expects world oil ...
Despite the US dollar moving higher, oil futures maintained current levels following API data showed domestic crude stocks rose more than expected.Crude oil stocks rose by 7.5mn barrels, much higher ...
Friday saw crude oil futures suffer their biggest daily drop in 6 weeks, as it once again struggled to break through the $83 level.Traders sold commodities as concerns persisted about ...
Following the recent two-day rally, oil pulled back a little due to some dollar strength and the lack of any real action from the OPEC meeting in Vienna.OPEC members agreed ...
A big day for oil as we have a raft of data that may affect future movements. Looking at the wider economic environment, today’s PPI numbers will give us ...
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