web analytics
Booking.com
Home Tags Crude Oil

Tag: Crude Oil

Oil trades near nine-month high

The Greek rescue deal is “a very good agreement,” European Central Bank President Mario Draghi said after the talks ended in Brussels. Finance ministers...

Untapped UAE oil fields hold over 500 mln barrels

UAE signed a memorandum of understanding  giving South Korean firms rights to develop oil fields in Abu Dhabi The three oil fields in the United...

Saudi Arabian Oil Minister discusses Straits of Hormuz, oil production

On “Global Exchange on CNN International” today, John Defterios and Ali Al Naimi, Saudi Arabian Oil Minister discussed oil production and price, Iran and the Straits of Hormuz....

Crude oil forecasts raised

From a short-term perspective, supply disruptions eventually caused by geopolitical issues from Iran and Nigeria are expected to leave an upward bias on the price of crude oil for future delivery.

Oil prices to rally on higher demand

Investors expect oil prices to rally on demand from China.

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 Market sees Correction

Last week, crude oil for November delivery slumped to a low of $74.95 per barrel and subsequently found a base before heading higher. Tuesday‘s...

Markets advance on renewed optimism, crude price

Saudi Arabia’s benchmark stock index gained the most in three weeks after crude oil climbed above $80 a barrel. The Tadawul market index closed...

Moderate increase in price of crude

A faster than expected second quarter growth in the U.S. economy and Germany’s agreement on Euro nations bailout helped crude rebound a bit from...

Oil tumbled 6.3% on negative data

U.S. crude oil futures lost more than 6 percent, the biggest one-day percentage drop in six weeks, as recession fears resurfaced following Wednesday's bleak...

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...

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...

Global Oil Demand Growth Outlook lowered

The U.S. Energy Information Administration's short-term economic growth assumptions have been lowered substantially this month compared with August's Energy Outlook. The latest forecast assumes that...

Reduce energy demands drive crude lower

Past weak, crude oil for September delivery had a rough two weeks as it sank to its lowest level in 11 - months, down...

Crude oil futures lost 9.2% on the week

  Crude oil futures ended slightly higher last Friday in the U.S. Crude oil for September delivery added 0.3%, or 25 cents, to $86.88 a...

Oil outlook remains strong

There was a contract change for crude oil this week as volume on September delivery increased and the price rose for the fourth consecutive...

Dubai crude oil cheaper in October

The Dubai Department of Oil Affairs announced today that it has set the official selling price of the Dubai crude for the next October...

Crude Oil, Gold and Silver rise on weak Dollar

Crude oil prices climbed Wednesday as US inventories dropped unexpectedly last week. The Energy Information Administration reported on Wednesday, US Crude inventories fell 4.4M...