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Daily Market Update, Wednesday, November 10, 2010
Oil was up above $87 per barrel on Wednesday, because of an important fall in U.S. crude oil inventories despite a stronger dollar and a fall in Chinese oil imports. At 09:30 GMT U.S. crude futures for December increased at $86.92 per barrel, while ICE Brent increased at $88.56 per barrel.
read more... 11/11/2010
Daily Market Update, Tuesday, November 09, 2010
Oil was up on Tuesday, hitting a new two year high above $87 per barrel, despite earlier losses. U.S. crude oil futures increased at $87.67 per barrel, the highest level since October 2008, while ICE Brent climbed to $88.76 per barrel.
read more... 10/11/2010
Daily Market Update, Friday, November 05, 2010
Oil decreased from a two-year high on Friday, but losses were limited by the new U.S. economic stimulus. At 11:28 GMT, U.S. crude futures dropped at $86.37 per barrel, while ICE Brent futures fell to $87.75 per barrel.
read more... 08/11/2010
Daily Market Update, Thursday, November 04, 2010
Oil was up on Thursday for a fourth day, after the dollar dropped following a U.S. Federal Reserve decision to inject more money into U.S. economy, world's top oil consumer. At 11:20 GMT, U.S. crude for December increased at $85.66 per barrel, while ICE Brent climbed to $87.26 per barrel.
read more... 05/11/2010
Daily Market Update, Wednesday, November 03, 2010
Oil increased to a six-month high above $84 per barrel on Wednesday, after U.S. fuel inventories dropped. At 10:00 GMT, U.S. crude for December increased at $84.47per barrel, while ICE Brent climbed to $85.96 per barrel.
read more... 04/11/2010