Prices of Dubai’s crude oil reach its peak level of $120 per barrel with the continuous tensions between Iran and the West.
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India worries that high oil prices may result to an increase in costs of retail items. But, there are five reasons why it is too early to have those concerns.
Read moreOil prices rise due to efforts of Greece to prevent huge debt default that can damage Europe’s economy and lower demand for oil.
Read moreCrude oil falls as European debt worries again overtake the market, squeezing out both the Middle East and the US.
Read moreCrude oil rises on the charts, as inventories fall in the US and Greece nears a compromise a propos its bailout.
Read moreCrude oil falls on global charts, despite Iran’s mounting threats against the West.
Read moreIncrease in crude oil price may force China to an oil price hike.
Read moreGasoline prices in the United States may keep on increasing especially by the spring season as crude oil prices continues to rise.
Read moreCrude oil rises for second day in the week, as China reports better than expected financial figures for the fourth quarter.
Read moreCrude oil futures are set to advance on Iranian embargos, yet outside factors may well push the commodity down.
Read moreCrude oil is poised to enter a dangerous period, with OPEC boosting output, while demand falters almost globally.
Read moreBeing the second largest oil producer in Africa, Angola is set to increase its foreign currency reserves because of increasing crude oil prices.
Read moreCrude oil falls another day, as Kim Jong Il’s death and Europe’s persisting struggle with debt drive the market down.
Read moreGlobal crude oil prices took a tumble on the commodity index today, as traders of the fuel fretted over the lack of resolution for the debt crisis still plaguing the euro zone. Disappointing export growth figures out of China also affected the current crude oil price chart. Investors and economists alike eagerly awaited the result [...]
Read moreCrude displays some volatility on the charts, but remains largely unchanged for the day, as mixed data prevails.
Read moreCrude oil holds on to the leads it built up on Friday, as the EU leaders stand poised to begin applying their new austerity policies.
Read moreCrude oil rise for a second trading session on signs that Europe may finally pull out of recession territory.
Read moreCrude oil futures dip below $97 per barrel, as global economic cues point firmly downwards.
Read moreCrude oil recoups part of its earlier losses, as falling inventories in the U.S. take their toll on the sector.
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Crude oil gains on the commodity index as geo-political unrest mounts in the Middle East.
Read moreCrude oil falls for the third straight day, as Europe continues to exhibit signs of crumbling.
Read moreEurope’s debt troubles continue to drive down crude oil futures on the commodity market.
Read moreCrude oil falls from three month highs as supplies in the U.S. increase.
Read moreCrude oil loses some of yesterday’s gains due to mounting concerns over Europe’s debt situation.
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Activity in the global economy is expected to remain soft or even decline in the coming fiscal quarters, exerting downward pressure on crude oil prices in the short term.
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