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WTI oil price trading back over $100 amid higher US crude oil inventories

27 January 2012

Published on January 26, 2012 by   ·   No Comments WTI oil prices are trading back above $ 100 a barrel this afternoon amid higher US crude oil inventory data from the US EIA out today, that showed American oil …

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Brent oil price firms over $111 after IMF warn on Iran sanction possibilities

26 January 2012

Published on January 26, 2012 by   ·   No Comments The price of Brent crude oil firmed above $ 111 a barrel on Thursday after the IMF (The International Monetary Fund) warned that global crude oil prices could rise as …

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Price of US light crude oil back near $100 a barrel after EU bans Iranian oil imports

24 January 2012

Published on January 23, 2012 by   ·   No Comments The price of US Light crude oil futures is nearing the $ 100 a barrel mark again in light trading today after the EU agreed to slap an embargo against …

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UK drivers face higher petrol prices after one of Britain’s biggest fuel refineries goes bust

24 January 2012

Published on January 24, 2012 by   ·   No Comments UK drivers could face chronic fuel shortages and higher petrol prices at the pumps after Petroplus, Europe’s largest independent refiner by capacity goes bust after talks with its lenders failed.…

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ICE US Dollar Index sinks back under 80 mark, euro reverses path (for now)

23 January 2012

Published on January 23, 2012 by   ·   No Comments The ICE US Dollar Index is trading back under the 80 mark this afternoon as the euro made gains over most major currencies, whilst EU ministers gather in Brussels to …

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Brent crude oil trading over $111 after Iran oil ban agreed by EU ministers

23 January 2012

Published on January 23, 2012 by   ·   No Comments Brent oil prices are trading higher on Monday, passing back through $ 111 a barrel after EU ministers agreed to ban Iranian oil imports to Europe, effective July 1, whilst …

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WTI oil trading near $101 as IEA slashes crude oil demand outlook for 2012

19 January 2012

Published on January 19, 2012 by   ·   No Comments WTI oil futures open Thursday’s trading session at $ 101 a barrel after the International Energy Agency warned yesterday of a rising likelihood of a sharp slowdown, if not outright …

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WTI oil trading over $101 a barrel boosted by latest China growth data

18 January 2012

Published on January 18, 2012 by   ·   No Comments US WTI crude futures open Wednesday’s trading session back over $ 101 a barrel, as oil prices were boosted by the latest growth data out of China, helping to ease …

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Brent oil price firm at $112 a barrel, follows European stock markets higher

18 January 2012

Published on January 18, 2012 by   ·   No Comments The price of Brent oil futures climbed again on Tuesday and opened today’s session over $ 112 a barrel as European borrowing costs fell, stock markets climbed and the euro …

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Brent oil price moves higher over $112 on fears over the west and Iran

17 January 2012

Published on January 17, 2012 by   ·   No Comments The price of Brent oil futures moved back over $ 112 a barrel in early trading this morning on fresh worries over tension between western powers and major producer Iran …

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