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 crude oil futures open today's trading session under $106 a barrel as global stock markets crashed lower yesterday, dragging oil prices and other commodities down as mounting fears over ...
WTI oil futures open Friday's trading session back around $80 a barrel as US crude gets wacked lower by over 6 percent in a gloomy sell off in markets yesterday ...
Brent oil futures open today's trading session back around $108 a barrel as global stock markets sell off again after the US Fed's pessimistic assessment of the American economy and ...
The price of US WTI oil has taken another nosedive in early trading this morning, back to near $84 a barrel as the US Dollar Index made gains and a ...
Brent oil prices open today's trading session hovering around $109 a barrel as Italy had its sovereign credit rating downgraded by Standard and Poor's, which is keeping the country's outlook ...
WTI oil futures open Tuesday's trading session back under $86 a barrel as Euro debt fears drag on stock markets and concerns that a slowing world economy will cut demand ...
Brent crude oil prices open the week's trading session back around $111 a barrel as the debt crisis which surrounds the EU could worsen this week with Greek debt the ...
WTI oil futures open Monday's trading session back under $87 a barrel as continued EU debt fears surrounding Greece boost the US dollar against the euro, another signal that markets ...
ICE Brent oil futures end Friday's trading session unchanged over last week's closing price as leaders and central banks scramble together to contain a debt meltdown in European countries, starting ...
Platts, the oil pricing service, has unveiled a significant revision to the way it assesses the Brent oil pricing benchmark, angering traders who say the change is being pushed through ...
WTI oil futures end the week's trading session back under $88 a barrel as investors sell ahead of the weekend as signs of friction emerged from a key meeting of ...
Brent crude oil futures open today's trading session near $113 a barrel as oil prices moved higher with markets on Thursday, with sentiment boosted by Goldman Sachs forecast that Brent ...
WTI oil futures open Friday's trading session firm at $89 a barrel as markets were lifted on news that five of the world's leading central banks will back unlimited cash ...
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