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Future demand for oil may pull oil price lower

EIA reported an increase of 1.3 million barrels of crude oil for the week ended October 7, pushing the price lower.

Oil at two and half year high

Oil reached to its highest level since two years on Friday, as supply cuts stemming from attacks on Libyan oil fields offset demand concerns...

Expect petrol price hike

The UAE federal government has been fixing retail prices for petrol and diesel fuel at levels below retailers’ cost for the past many years....

Oil prices on recovery run

On Friday the price of oil jumped back again in electronic trade. The rebound came after two days of serious losses. Yet, a number...

Crude oil advanced slightly for third consecutive week

Crude oil for October delivery managed to end the week in the positive, however only rose a little in weekly terms despite having ranged...

Oil Tumbles

Oil set for biggest weekly drop since July.

Quiet week ahead for Oil

Weak oil demand may continue to plague sentiment in the coming days. The oil market is likely to stay quiet. Looking ahead, the market may still...

Crude-oil futures rose; stocks advance in Asia

Crude oil futures rose more than 1% to trade above $98 a barrel, after sliding more than 15% last week amid a broad...

Oil to reach $85 this year

Goldman Sachs says oil will reach $85 a barrel by the end of the year.

Oil Prices to remain volatile

Analysis and discussion with Doug Sandler of Riverfront Investment Group

Improved economic outlook triggers higher oil prices

Ahead of reports forecast indicating an improving U.S. economy outlook, oil trades near the highest close in four months. Futures went through a slight change...

Oil advances on escalating Gaza conflict

Price of Brent crude reached almost $110 per barrel today, while the growing tension turned into violence between Palestine an Israel. This brought uncertainties...

Oil prices expected to move lower

Last week, crude oil for October delivery ended on a positive note as WTI advanced for the fourth week running. The contract expires on...

EIA expects oil to reach $103 a barrel till year end

The Energy Information Administration of the Department of Energy predicts that the Brent crude oil spot price will reach about $103 per barrel during...

Increase of Petrol Prices by 15 fils from Wednesday

The Petroleum Production Distribution companies in the country have decided to raise the prices of gasoline by 15 fils at various fuel stations nationwide...

Oil falls on output and demand concerns

Oil futures declined nearly 3% Friday, as the dollar strengthened. The dollar traded higher compared to major rivals by the end of the last...

CrossTalk on Oil: Crude Truths

Experts are split is the world really running out of oil and natural gas? The answer to this question may very well determine the...

Oil vs The Market

Analysis and discussion with Stephen Schork of the Schork Report saying that the better place to look into invest maybe natural gas after surging...