WTI oil trading near $94, IEA bullish on future crude prices

WTI crude oil futures open today's trading session hovering near $94 a barrel as prices stabilise following Tuesday's sell off, while the IEA raises it's long term price forecast on ...

WTI oil trading near $99, IEA urge oil supply increase

WTI oil futures open Friday's trading session hovering near $99 a barrel whilst the IEA commented on Thursday that world oil producers need to increase oil supply to protect any ...

Brent oil trading at $114, IEA says high prices hitting demand

Brent oil futures open today's trading session at $114 a barrel and according to the IEA, higher oil prices are starting to bite into oil demand in the US and ...

Brent oil closes week at $126, IEA sounds alarm on prices

Brent oil futures close the week's trading session back near $126 a barrel as the IEA sounds an alarm that both Brent and WTI oil prices could march higher unless ...

WTI oil trading back over $112 on US crude oil inventory data

WTI oil futures open Thursday's trading session back over $112 a barrel after the latest weekly crude oil inventory data out of the US reported that oil stocks shrank by ...

Brent oil price trading near $123, IEA says raise output

Brent oil prices are climbing again, nearing $123 a barrel in Tuesday's trading session after the IEA stated that OPEC needs to raise it's output around June to contain further ...

IEA trims 2011 world oil demand & warns of oil price shock

The IEA has forecast in it's latest monthly oil report that global oil demand will be lower than previously expected in 2011 as high oil prices begin to take effect ...

IEA says crude oil exports from Libya have slowed sharply

The IEA has reported that crude oil exports from Libya have slowed sharply in the last week, to well below the 500,000 barrels per day reported last Friday, as unrest ...

The IEA says higher oil prices will hurt global recovery

The IEA warned yesterday that rising crude oil prices could prove a drag on global economic recovery this year, as commented in it's monthly oil report yesterday.With oil already topping ...

Brent oil price ends week over $99, OPEC defends supply

Brent crude oil prices end another see saw trading week back over $99 a barrel as stock markets sold off recent gains and a continuing oil supply debate has OPEC's ...

Brent oil trading at $97, IEA says high prices to continue

Brent oil futures open Tuesday's trading session firm between $97 to $98 a barrel, with high oil prices set to remain high for 2011, according to a statement on Monday ...

OPEC output should increase to halt higher oil prices – IEA

The IEA's chief economist has suggested that OPEC will need to raise it's crude oil output this year in order to halt higher oil prices and in turn, help any ...

The age of cheap oil prices is over, comments IEA Chief

Global oil demand is set to hit a new record in 2011 (peak oil anybody?) and we maybe getting closer to waving goodbye to cheap oil prices, according to the ...
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