U.S. and Brent crude oil futures prices shed on Monday on Libyan rebel successes and thin trading volume near to register the lowest daily volume of the year and on the view that the U.S. Federal Reserve may move to a tighter monetary policy.
read more... 29/03/2011
U.S. crude futures eased on Friday on profit taking, but registered the highest weekly increase in last three weeks, up 4.28 percent supported by supply concerns in Libya and lasting unrest in the Middle East countries.
read more... 28/03/2011
U.S. crude futures decreased insignificantly on Thursday after the recent increase as investors took profits in anticipation of a slowdown in air strikes in Libya on lasting oil supply concerns. U.S. crude for May delivery shed 15 cents to 105.60 dollars a barrel, after registering a trading range between 104.76 and 106.69 dollars a barrel.
read more... 25/03/2011
U.S. crude oil futures increased above 105 dollars a barrel at settlement on Wednesday, reaching their highest level in two-and-a-half year, supported by persistent military operations in Libya and unstable situation in the Middle East countries but also by falling U.S. gasoline stocks.
read more... 24/03/2011
U.S. and Brent oil futures traded up on Tuesday as increasing tensions in the Middle East countries and the U.N. continued air strikes in Libya sparked more concerns on oil supply disruptions.
read more... 23/03/2011