Latest news
Daily Market Update, Monday, October 18, 2010
Oil was stable at $81per barrel on Monday, after its lowest level registered last week, being affected by a weak dollar and U.S. uncertain economic outlook. At 10:59 GMT, U.S. crude for November dropped $0.10 arriving at $81.15 per barrel, while ICE Brent decreased to $82.41 per barrel.
read more... 19/10/2010
Daily Market Update, Thursday, October 14, 2010
Oil was up above $84 per barrel on Thursday, still because of a weak dollar and of unexpected news concerning the eventual decrease in U.S. stockpiles. At 10:50 GMT, U.S. crude for November increased at $84.12 per barrel, while ICE Brent climbed $0.80 arriving at $85.44 per barrel.
read more... 18/10/2010
Daily Market Update, Wednesday, October 13, 2010
Oil was up above $82 per barrel on Wednesday after China's crude imports increased last month and a weaker dollar which eased the commodities request for investors. At 11:20 GMT, U.S. crude for November climbed to $82.70 per barrel, while ICE Brent for November increased by $0.92 arriving at $84.42 per barrel.
read more... 14/10/2010
Daily Market Update, Tuesday, Octobre 12.2010
Oil price was down for the second day on Tuesday as OPEC decided to let the oil market to focus on stronger dollar and to maintain oil current production levels. At 06:32 GMT, U.S. crude for November decreased at $81.43 per barrel, while ICE Brent dropped by $0.75 arriving at $82.97 per barrel.
read more... 13/10/2010
Russia bearing in mind higher taxes on oil.
A Russian newspaper, Vedomosti, announced Tuesday that the Energy Minister is considering increasing the tax on oil products.
read more... 12/10/2010