LONDON: Oil rose more than 2.7 percent to $72 a barrel on Tuesday, recovering from a five-month low the previous session, but high inventory levels and the strength of the dollar were expected to limit gains.
US crude for June delivery rose $1.92 (...)
LONDON: Oil touched a two-week high above $78 a barrel on Wednesday, rising ahead of key inventory data out of the world s largest energy consumer, the United States, later in the session.
US crude for March delivery touched $78.04 a barrel, the (...)
LONDON: Oil slipped below $78 a barrel on Wednesday on fresh evidence of tightening credit policy in China, a stronger dollar and expectations that US refiners processed less crude in the latest week.
US crude for February delivery fell around (...)
LONDON: Oil traded flat at below $79 a barrel, off a five-week high the previous session, as a firming dollar offset colder US weather and concerns over political developments in Iran.
US crude for February delivery eased 10 cents to $78.67 a (...)
LONDON: Oil fell back from a year high on Thursday but stayed above $75 a barrel, reversing its sixth straight positive session after European shares pared gains and the euro fell on disappointing Q3 earnings reports, traders said.
US crude for (...)
LONDON: Oil eased below $71 a barrel on Wednesday after a higher-than-forecast rise in US fuel stocks offset positive expectations for the world economy that spurred other markets higher.
NYMEX crude was 17 cents lower at $70.76 a barrel by 1118 (...)
LONDON: Oil touched a high for this year above $74 a barrel on Friday ahead of further pointers on the economic health of the United States and as the dollar flagged against a stronger euro.
By 1305 GMT, the new front month US crude futures (...)
LONDON: Oil posted gains on Friday, briefly touching a six-week high as markets rose on the release of better-than-expected job-loss numbers out of the United States.
By 1300 GMT US light crude for September delivery rose 64 cents a barrel to (...)