SUBSCRIBE TO FEED'Crude' Tag
-
US EIA Crude Oil Stocks falls by 4M barrels in Sep 2
September 8, 2011FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news. FXstreet.com: Latest News
-
Oil prices drop below $100 on Japan earthquake, OPEC
March 11, 2011A major 8.9 earthquake and tsunami struck Japan overnight in the United States, Friday afternoon in Northeast Asia. Japan is the third largest consumer oil and the emotional response from speculators quickly knocked light sweet crude futures below $100. In early Friday morning New York NYMEX trade, crude futures are worth $100.05 per barr Read [...]
-
Oil price gains halted as dollar gains
October 27, 2010Gains in the dollar have put a brief halt in a three-day run of gains in oil prices. Benchmark crude oil scheduled for December delivery currently (October 27) trades at $81.73 in early New York NYMEX trade. Current crude oil prices mark an 82 cent decline from Tuesday’
-
Crude oil remains near $75.00 after US data
September 16, 2010FXstreet.com (Barcelona) – While a slew of conflicting macroeconomic data arrives from the US, crude futures remain weighed near daily lows. The front-month crude contract in particular shows losses of about 1.0% since open while trading at $75.27 a barrel at time of writing. While both the US initial jobless claims over the week and [...]
-
Crude futures finish at 5-week low
August 16, 2010FXstreet.com (Barcelona) – Lingering worries about the global economic recovery continue to play on overall market sentiment, with crude futures extending to the downside to begin the week. By closing bell, the most active crude contract for September delivery fell a modest 0.2% to finish at $75.25 a barrel. Early Monday, disappointing quarterly GDP data [...]
-
Oil drops to session lows, breaks $75.00
August 16, 2010FXstreet.com (Barcelona) – Crude Oil for September delivery is trading lower on Monday, and it just broke out key support at $75.00, opening the doors for further downside exposure. Investors continue very concerned about the ongoing string of weak indicators financial markets have been invaded with over recent weeks. From a faltering US economic recovery, [...]
-
Crude oil partially recovers from plummet
July 28, 2010FXstreet.com (Barcelona) – Crude oil futures quickly dropped after the EIA reported a surprise increase in inventories over the week, however have since made back some of those losses as equities firm towards the end of Wall Street. At time of writing the most active crude contract for September delivery trades at $76.80 a barrel, [...]
-
Oil plummets nearly 2% on high inventories
July 28, 2010FXstreet.com (Barcelona) – Crude Oil for September delivery sank more than 1% on Wednesday, after the EIA released a whopping rise in oil stock piles for the period 19-23 July, up 7.3M / barrels compared to a previous 0.4M reading. Investors were spooked by the excess of supply, forcing quotes to go downhill at light [...]
-
Oil prices below $80 as demand sluggish
July 27, 2010Oil prices are hovering just below $80 per barrel, at around $79 for September crude delivery in Tuesday’
-
Crude futures extend lower over the Asian session
July 15, 2010FXstreet.com (Barcelona) – Continuing yesterday’
-
Crude prices settle lower on glum FOMC minutes
July 14, 2010FXstreet.com (Barcelona) – In light of a neutral supply report by the EIA, crude futures tracked sentiment over the equities market today and subsequently declined after the Fed revised growth prospects lower. Despite peaking above $78.00 earlier in the day on a weak US dollar, the front-month crude contract finished the session slightly below at [...]
-
Crude oil fails to sustain rebound
May 19, 2010FXstreet.com (Barcelona) – The crude oil for July delivery, the most active contract, failed to remain in the black after less-than-expected US inventory data gave a boost to a new intraday high above $73.00 a barrel. Quickly thereafter however, crude slide to a new low of $72.25 as investor jitters resurface. At the moment of [...]
-
Crude oil jumps on stockpile data
May 19, 2010FXstreet.com (Barcelona) – Recently released US stockpile data gives crude oil a boost higher after being pressured lower for a good part of the day. Currently the crude contract for July delivery, the most active future, is trading at $72.78 a barrel after bouncing off $72.00. Crude is enjoying a lift after recent EIA data [...]
-
Oil below $80 after Euro fall
May 7, 2010Crude oil prices have been sinking this week with the plunge in the Euro resulting from serious concerns over the credit worthiness of major European economies including Greece, Spain, and most recently, Portugal. One barrel of crude oil fell $1.88 to $75.23 in mid-day New York Mercantile Exchange trade Friday (May 7). This is quite [...]
-
Crude oil prices near $84
March 31, 2010Crude oil prices continued to gain on Wednesday (March 31) thanks largely to the falling dollar. The price of a barrel of crude oil for May delivery settled at $83.76 on the New York Mercantile Exchange. This was a gain of $1.39 or 1.7 per cent. Even more impressively, oil prices climbed a total of [...]
-
Oil prices above $83 briefly on inventory report
March 11, 2010Crude oil prices cruised to their highest level of 2010 Wednesday (March 10) morning, before quickly reversing, as speculators consider new data on the level of crude supplies released by the Energy Information Administration. The price of a barrel of crude for April delivery reached as high as $83.03 early Wednesday morning as speculators applauded [...]