Oil prices ended lower on Monday, below $82, on a stronger dollar and faded market optimism over a debt rescue for Ireland, giving way to fears that the same financial problems might extend to other euro-zone economies.
read more... 23/11/2010
Oil price increased on Thursday, due to less worries on Ireland's debt crisis and to a sudden decrease in crude stocks which pushed up prices. At 10:28 GMT, U.S. December crude contract increased at $81.79 per barrel, while ICE Brent climbed to $84.67 per barrel.
read more... 19/11/2010
Oil decreased below $82 per barrel due to renewed concerns that China might increase interest rates to fight inflation. At 10:09 GMT, U.S. crude oil futures decreased at $81.18 per barrel, while ICE Brent crude was traded at $83.57 per barrel.
read more... 18/11/2010
Gazprom Neft, the oil unit of Russian energy company Gazprom, will hold 30% stake in a Cuban oil project, operated by Malaysia's Petronas's, in order to explore and develop four blocks in the Gulf of Mexico.
read more... 17/11/2010
Oil dropped below $84 per barrel on Tuesday, due to a stronger dollar and to unexpected news of an increase in U.S. crude stocks. At 11:25 GMT, U.S. crude for the December delivery decreased at $83.60 per barrel, while ICE Brent for January delivery dropped to $85.76 per barrel.
read more... 17/11/2010