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22 February 2012

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Brent oil price trades over $120 as Iran stops crude exports to UK and France

21 February 2012

Published on February 20, 2012 by   ·   No Comments The price of a barrel of Brent crude oil surpassed $ 120 in early trading this morning after Iran said over the weekend that it has stopped all crude oil …

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WTI oil price closes week near $104 a barrel could hurt US economic recovery

18 February 2012

Published on February 18, 2012 by   ·   No Comments The price of US WTI crude oil ends the week near $ 104 a barrel and could hurt the US economic recovery as tensions over Iran’s oil supply ban to …

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Brent oil price moves over $120 a barrel on crude oil supply concerns

17 February 2012

Published on February 17, 2012 by   ·   No Comments The price of Brent oil futures moved back over $ 120 a barrel late on Thursday on crude oil supply worries and Brent traded near an eight month high as …

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Brent oil trading firm at $118, Syrian oil pipeline explosion may boost prices

15 February 2012

Published on February 15, 2012 by   ·   No Comments Brent oil futures open Tuesday’s trading session firm at $ 118 a barrel and European oil prices may well go higher after a Syrian oil pipeline which runs from the …

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US oil futures back over $100 a barrel as Globex trading platform fails

14 February 2012

Published on February 14, 2012 by   ·   No Comments US WTI oil futures open Tuesday’s trading session back over $ 100 a barrel after a failure of CME Group’s Globex electronic oil trading platform shut out scores of traders …

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WTI crude oil price nears $100 a barrel, US oil inventories sluggish

11 February 2012

Published on February 10, 2012 by   ·   No Comments WTI crude oil futures are trading back near $ 100 a barrel early on Friday as light oil prices saw a boost following US employment numbers that provided a bullish …

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US Dollar Index remains under 79, short term direction maybe lower

11 February 2012

Published on February 10, 2012 by   ·   No Comments The US Dollar Index remains under pressure this week after hitting two month lows after the currency gauge dropped below its 100 day moving average in trading patterns, Nomura Holdings …

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Brent oil price trading at $118 near 6 months highs as spread to US crude widens

10 February 2012

Published on February 10, 2012 by   ·   No Comments Brent oil futures open Friday’s trading session holding near $ 118 a barrel which are 6 month highs for the European oil contract whilst the spread to US WTI oil …

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Brent oil price jumps to $117 a barrel as Iran again threatens Europe supply cut off

09 February 2012

Published on February 9, 2012 by   ·   No Comments The price of Brent oil opened Thursday’s trading session at $ 117 a barrel as Iran once again threatened to cut off oil supplies to Europe, pushing a plan to …

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