News

May 17, 2013
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Could Oil Price Fixing Have Driven Petrol Prices Up?

In theory, the price of petrol should be tied closely to the price of unprocessed crude oil. A rise in…
April 19, 2013
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Brent Oil

Brent crude dipped below $100/bbl for the first time since July 2012 as the prospect of fuel demand in the…
January 25, 2013
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Oil Trades Near Highest Level in Four Months on Economic Outlook

Oil traded near the highest level in four months in New York after posting the longest run of weekly gains…
January 18, 2013
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Oil Drops From Four-Month High Amid U.S., European Debt Talks

WTI crude for February delivery, which expires tomorrow, fell as much as 51 cents to $95.05 a barrel in electronic…
January 11, 2013
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WTI Oil Trades Near Four-Month High on Seaway Pipeline Expansion

Oil traded near a four-month high in New York, narrowing its discount to Brent crude to the least since September,…
December 14, 2012
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Brent Gives Up Gains Amid Disagreement Over U.S. Budget

Brent crude fell for the second time in three days amid concern that deadlock in U.S. budget talks may threaten…
December 7, 2012
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Oil Rebounds as German Exports Advance; OPEC to Meet

Oil advanced from the lowest close in three weeks in New York after Germany exports unexpectedly rose in October and…
November 30, 2012
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Oil Caps First Monthly Gain Since August on Economy

Crude oil for January delivery advanced 84 cents to $88.91 a barrel on the New York Mercantile Exchange, the highest…
November 16, 2012
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Crude Oil Rises on Middle Eastern Tensions

Crude Oil prices are firmer amid Middle Eastern concerns. Potential of further Israel conflict escalation and it’s effect in the…