web analytics
Home Tags Oil Price

Tag: Oil Price

Obama’s reelection may trigger gold price to $3,500

How the US presidential election affects gold and oil markets Barack Obama was elected for President of the United States for a second term. This...

Oil prices rise on Middle East uncertainty

Investors worry over supply while weak dollar boosts crude-oil prices Oil futures moved up during European trading hours on Monday, because investors are concerned about...

High Oil Prices will constrain Economic Growth

During the last century, cheaper oil prices gave a boost to global economic growth. However, during the last decade, prices for oil surged, and...

Oil Prices & MENA Unrest

This week prices of crude oil reached its highest level for the past four months. That is due to the tense atmosphere in the...

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...

Oil prices to jump 10% on supply fears and strong demand

The International Monetary Fund forecast oil prices will gain 10 percent on average in 2012 compared with a year earlier on possible supply disruptions...

Oil Current Overview and Outlook

WTI prices increase by 2.6% to USD105.11 per barrel in the review period Increase in geo-political risk keep oil prices high OPEC production (ex Iraq) increases...

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...

Oil Market Outlook 2012

Global Investment House of Kuwait today released its Oil Market Outlook 2012. Here are the major highlights

Oil prices remain focused on Euro zone liquidity crisis solutions

Looking forward, oil prices will remain focused on talks that emerge from the meetings in Europe.

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...

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 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...

Inflation slows in UAE on declining housing, oil prices

In July, inflation in UAE slowed to 1.3 percent, as residential and oil prices had their biggest monthly drop in more than a year. Inflation...

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 lost nearly 5%, below $95

Oil futures suffered steep losses on Wednesday. Oil for July delivery tumbled $4.84, or 4.9%, to $94.57 a barrel. The dollar rallied more than 1%...

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...

Oil rally on price forecast upgrades

In reports published on Monday, both Goldman Sachs and Morgan Stanley increased their price forecasts for European benchmark Brent crude, citing decreasing spare capacity...