Oil prices hovered below $103 a barrel Thursday as the European Union mulled a ban on oil purchases from Iran and a report showed mixed signs about US crude demand.
By early afternoon in Europe, benchmark crude for February delivery was down 45 (...)
Oil prices bounced back to near $87 a barrel Tuesday, supported by rising European stock markets and investors' hopes that a U.S. central bank meeting this week will come up with measures to boost economic growth.
By early afternoon in Europe, (...)
Oil prices fell to near $93 a barrel Wednesday as investor pessimism about the U.S. economy dragged down global markets.
By early afternoon in Europe, benchmark oil for September delivery was down 48 cents to $93.31 a barrel in electronic trading (...)
Oil prices fell below $94 a barrel Wednesday after a crude supply report reflected mixed signs about U.S. demand and the dollar strengthened against other currencies.
By early afternoon in Europe, benchmark oil for August delivery was down 82 (...)
Oil prices rose above $94 a barrel Tuesday as the euro strengthened against the dollar on hopes that Greece will be able to avoid defaulting on its debts.
By early afternoon in Europe, benchmark oil for July delivery was up $1.17 to $94.43 a (...)
Oil prices slipped below $111 a barrel Wednesday as a report showed U.S. crude supplies rose more than expected last week, suggesting weaker demand.
By early afternoon in Europe, benchmark crude for June delivery was down 57 cents at $110.48 a (...)
Oil prices climbed back to near $113 a barrel Friday as a weaker dollar made crude more attractive to investors with other currencies and the conflicts in Libya and Syria raised risk premiums.
By early afternoon in Europe, benchmark crude for (...)
Oil prices moved up closer to $106 a barrel Friday as political upheaval in the Middle East and signs of strong global demand kept crude near two-year highs.
By early afternoon in Europe, benchmark crude for May delivery was up 17 cents to (...)
Oil prices weakened Friday, dampened by concerns that a recovery in US demand may be slower than expected and as stockpiles of refined products continued to rise.
By midday in Europe, benchmark crude for October delivery was down 67 cents to (...)
Oil prices held above $67 a barrel Friday, adding to gains made overnight, as world stock markets rallied on signs of improvement in the US economy.
In Europe, benchmark crude for September delivery was up 11 cents to $67.27 a barrel in afternoon (...)
LONDON: Oil prices rose to $72 a barrel on Friday amid concerns that massive US fiscal spending will spark inflation down the road, making oil and other commodities attractive investment alternatives.
Benchmark crude for July delivery rose 77 (...)