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Daily – Gas prices up on stronger exports to Belgium

U.S. crude oil futures shed on Wednesday on the way to a sixth straight lower index, but settled well above its intraday low. WTi crude for June delivery traded at 96.81 dollars a barrel, down 20 cents.

read more... 10/05/2012


Daily – U.S. crude ends down, but well above intraday low

WTi and ICE Brent crude oil futures decreased on Monday, in choppy trading recovering from intraday lows and on European election results that renewed concerns over the region’s debt woes.

read more... 08/05/2012


Daily – crude oil futures down on worries about the euro zone economy

U.S. crude oil futures traded down on Monday on concerns over the euro zone economy and low U.S. economic data, but losses were pared on hopes that Federal Reserve will adopt more monetary easing to support the struggling economy. WTi crude oil futures for June delivery traded at 104.87 dollars a barrel after trading range between 103.88 and 105.16 dollars.

read more... 01/05/2012


Daily – U.S. crude retains big gains in post settlement trading

U.S. crude oil futures retained big gains in post-settlement trading on Tuesday even if industry data indicated that domestic crude stocks increased 3.4 million barrels previous week, against a forecast in a Reuters poll showing an increase of 1.4 million barrels. By 20:34 GMT, WTi crude oil for May delivery settled at 104.20 dollars a barrel, up 1.27 dollars.

read more... 18/04/2012


Daily – U.S. crude ends at 8-week low on China data

Crude oil futures decreased on Tuesday for the second day in line as data indicated a drop in Chinese imports of major commodities in March and raised concerns over oil demand. WTi crude oil futures for May delivery traded at 101.02 dollars a barrel, down 1.44 dollars, and settling the lowest settlement since February 14, while ICE Brent crude for May delivery valued 119.88 dollars, down 2.79 dollars, the lowest settlement since February 17. The contract traded between 119.67 and 122.67 dollars.

read more... 11/04/2012