Oil prices are rising fast on hurricanes threatening to enter the Gulf of Mexico and the falling US crude oil inventories.
read more... 04/08/2010
The oil prices failed to break the $80 mark resistance. After a short rally last sessions, the crude barrel ended with gains up to $79, after the release of new economical data
read more... 28/07/2010
According to technical analysts, the crude may drop below $57 per barrel in the next 6 months.
read more... 05/07/2010
Oil prices decreased the second day consecutively on Wednesday after unpredicted increase in US crude and gasoline inventories, reported by an industry report.
read more... 24/06/2010
The prices for crude oil jumped on Monday over $78 per barrel after Central Bank of China let the yuan fluctuate freely against the dollar.
read more... 22/06/2010