Brent crude shed toward $110 a barrel on Wednesday, declining for a second straight day as increasing oil inventories in the United States and recent pessimistic data fuelled worries about demand from the world's top consumer. U.S. crude oil prices were under pressure on worries about a prolonged pipeline outage in the Midwest.
read more... 04/04/2013
Crude oil futures were mixed on Tuesday on concerns about demand and the possibility of a prolonged pipeline outage in the U.S. Midwest.
read more... 03/04/2013
The UK has recently unveiled its plans to bolster the nation’s oil and gas sector as the net energy imports last year increased to their record levels since 1976 due to a sharp decrease in domestic production.
read more... 03/04/2013
Brent crude increased over $111 a barrel in choppy trading on Monday as Saudi Arabia forecasted strong demand coming from Asia, while U.S. crude prices dropped as a pipeline leak in Arkansas threatened to increase the oversupply of oil in the U.S. Midwest.
read more... 02/04/2013
Brent and U.S. crude oil futures increased on Thursday in choppy trading during the last session of the first quarter, backed by increasing share prices on Wall Street and the weaker dollar which encouraged dollar-denominated oil prices.
read more... 29/03/2013