Oil Price Forecast

Brent oil trading at $122, China growth

Brent oil futures open today’s trading session at $122 a barrel after the latest growth data out of China confirmed that the country’s industrial output remains strong, which will be bullish for oil prices. Latest Brent Oil Price In London,

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More Oil Price Forecast

Brent oil trading back at $123, investors guess future prices

Brent oil futures open Thursday’s trading session back at $123 a barrel as both traders and investors attempt to guess where crude oil prices are heading in the short term, with oil supply, demand and the US dollar driving the

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Brent oil trading near $122, JP Morgan expects higher prices

Brent oil futures open Wednesday's trading session around $122 a barrel while the latest oil price forecast from JP Morgan predicts that Brent oil futures could trade up to $130 ...

Brent oil trading at $117, up over 23 percent for Q1 of 2011

Brent oil futures open Friday's trading session at $117 a barrel as both Brent and WTI oil prices move higher on supply concerns while Brent ends the first quarter of ...

Iran minister says OPEC oil output not to be increased yet

OPEC member countries will not increase crude oil output just yet, according to the Iranian Oil Minister Massoud Mirkazemi who holds the OPEC rotating presidency.Speaking on Saturday, the minister told ...

WTI oil price closes week at 30 month high over $105

WTI oil prices end Friday's trading session at $105, which is $4 a barrel higher than the previous week's closing price and a 30 month high for US Light crude, ...

Oil prices look set to trade higher after Libya bombings

Oil prices are set to jump in early trading tomorrow after Saturday's bombings in Libya will have investors on edge about unrest in the region and how the situation in ...

Higher oil prices in view as traders wake to Middle East

Higher oil prices are going to be a fact that we all live with in 2011 as continued unrest in the Middle East looks set to rocket, while many traders ...

Brent oil trading over $117, oil supply now a real concern

Brent oil futures open today's trading session firm over $117 a barrel as traders and investors resume buying into crude, which is driving oil prices higher, but the real concern ...

WTI crude oil opens trading over $106, will go higher

WTI oil futures open Monday's trading session over $106 a barrel as oil prices are set to shoot higher this week on continued unrest in Libya, Eygpt and other oil ...

WTI oil futures close week near $105, traders in buy mode

WTI oil futures close a bullish week near $105 a barrel as traders and investors forecast oil prices heading higher next week and resume a general buy mode for WTI ...

Brent oil price closes week near $116 on Middle East fears

Brent oil prices end a busy, bullish trading week back near $116 a barrel, while traders and analysts consider a new global oil price shock caused by Middle East and ...

WTI crude oil trading over $101 prices look very bullish

WTI oil futures open today's trading session back over the physiological $100 level for the first time since 2008, with prices looking bullish still, as Middle East concerns drag the ...

Middle East chaos could see oil prices rocket this week

Recent uprising's in several Middle Eastern countries could see the price of crude oil rocket higher this coming week as OPEC's largest crude exporter, Saudi Arabia could see a political ...

Brent oil futures firm at $103, Middle East driving oil market

Brent crude oil futures open today's trading session firm near $103 a barrel as tensions in Middle Eastern countries continue to drive short term Brent oil futures higher.Latest Brent Oil ...

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