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Daily Market Update, Tuesday, November 02, 2010
Oil was up on Tuesday, due to an expected decision by the Federal Reserve to pump more money into the U.S. economy. At 10:34 GMT, U.S. crude for December increased at $83.31 per barrel, adding 2% percent, comparing previous session. ICE Brent climbed 17 cents to $84.79 per barrel.
read more... 03/11/2010
Angola seeks greater oil output quota as India looks into additional crude imports
As declared by Angolan Oil Minister, Jose Botelho de Vasconcelos, the country wants OPEC to grant them a bigger output quota as India shows interest in additional crude imports.
read more... 02/11/2010
Oil prices up as dollar eases
On Monday, oil rose to about $82 a barrel, following the U.S. Federal Reserve’s future commitment to another round of monetary stimulus that would consist in purchasing as much as $80 to $100 billion worth of assets per month.
read more... 02/11/2010
Daily Market Update, Monday, November 01, 2010
Oil was up to around $82 per barrel on Monday due to the U.S. Federal Reserve commitment to start a new round of monetary stimulus this week, because of weaker dollar. At 10:52 GMT, U.S. crude for December increased at $82.14 per barrel, while ICE Brent increased by 76 cents arriving at $83.91 per barrel.
read more... 02/11/2010
The prices of diesel barge flows, decrease in France
Spot premiums on diesel barges decreased on Thursday in response to the gain in benchmark ICE gas oil futures prices and a potential drop in demand for barge flows into France.
read more... 01/11/2010