Crude oil prices might drop - OPEC Chief said

Anuradha Agarwal 4 years ago Region: Algeria

OPEC chief said that crude oil prices might drop to 70 dollars if dollars strengthen and concerns over Iran are reduced. The OPEC chief Chakib Khalil said on a sideline of a conference that there are two conditions for d... more

Views: 1435

Oil Prices Likely to Continue Soaring to New Highs for the Time Being

David Brant 5 years ago Region: New York

"The Euro is strong against the Dollar, which is once again providing an impetus for a push higher...there will be a lot of commodity buying, especially oil," said Addison Armstrong, director of market research at TFS Ener... more

Views: 1086

Crude Oil At New Record, Wall Street Gains Momentum

Jacob Cherian 5 years ago Region: New York

New York, NY (Marketsblog) - Crude oil hit a new high of $113.93 a barrel on Tuesday on the heels of a weakened dollar and a temporary supply failure in Mexico and Nigeria. Motor gasoline also set a new record at $3.386 a... more

Views: 1682

Oils falls again on low Us Demands

Abdul Rahman Malik 5 years ago Region: United States

prices fell on Monday, briefly ducking below $90, on concerns that crude demand may be hit by fears of a slowdown in US economic and fresh uncertainty on the equity markets, dealers said. New York’s main contract,... more

Views: 1152

CRUDE OIL GOES DOWN

Amit Ranat 4 years ago Region: India

Last week Crude Oil was 147 Dollar which was highest price per beral.But from last 2 days this price is continuously going down.The price have gone down by more than 10$ in just  two days.In New York main market Crude... more

Views: 1074

Oil Price Rollback Comes in Slomo

Leo Reyes 4 years ago Region: Philippines

The rising prices of crude oil in the world market have caused many oil dependent countries in Asia and elsewhere in the world to formulate gradual price adjustments on various oil products as the new prices are announced ... more

Views: 1062

Price of crude oil rose $2.55 per barrel to $118.82 on NYMEX

ARC IDEA CO 4 years ago Region: New York

Adding pressure to the upbeat Wall Street due to the good economy data on durable goods report by Commerce Department of United States of America is non other than the rising price of light and sweet crude on New York Merc... more

Views: 993

Crude price climbed aggressively by $6.03 to $121.59 a barrel on NYMEX

ARC IDEA CO 4 years ago Region: New York

Just as we thought that light sweet crude has been easing, it climbed up disappointing investors further down at the Wall Street which see the Dow Jones Industrial Index in red once again. It has been a very volatile week.... more

Views: 1061