Articles tagged with: crude oil
Oil prices rose 2% on Tuesday as geopolitical jitters about Iran combined with threats to supply and key shipping lanes sent US crude above $100 a barrel. Crude futures briefly surged nearly $4 a barrel after ...
Crude prices rose in Asian trade today as regional equities markets surged on optimism sparked by a European summit aimed at resolving the eurozone debt crisis, analysts said. New York’s main contract, light sweet crude for ...
Oil prices were mixed but well-supported in Asian trade today thanks to buoyant gains on Wall Street and a sharper than expected fall in US crude inventories, analysts said. New York’s main contract, light sweet crude ...
Oil prices fell on demand fears in Asia today after a weak batch of trade data from China, the world’s biggest energy user, analysts said. New York’s main contract, light sweet crude for delivery in November, ...
Brent crude slipped below US $101 on Tuesday, squeezed by growing fears that a Greek debt default could spread across the banking system and threaten the global economy. Goldman Sachs cut its 2012 Brent crude forecast ...
Oil prices rose in Asian trade today as bargain hunters sought cheaper crude following recent steep falls, analysts said. New York’s main contract, West Texas Intermediate for November delivery, gained 53 cents at US $81.04 a ...
Oil tumbled in Asian trade today on a stronger dollar as investors flocked to the safe-haven currency after the US central bank warned of significant downside risks to the American economy. A strong greenback makes dollar-priced ...
Oil prices fell in Asian trade today as fears over the Eurozone debt crisis returned to haunt the markets after a rebound the day before. The decline also came as investors anticipated the results of a ...
The oil ministry said that the price of crude was “mercilessly uniform across the nations, regardless of the purchasing power of their people”.
Refuting the purchasing power parity (PPP) methodology for comparing crude, petrol and diesel prices ...
Oil prices were lower in Asian trade today, with investor sentiment weighed down by fears over Greece’s deepening debt crisis and a downgrade of global energy demand. New York’s main contract, light sweet crude for delivery ...
