Crude Oil market news update daily
Thursday, 30 June 2011

Oil Drops, Extending Quarterly Loss, as U.S. Demand Falters

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Oil dropped, extending its first quarterly loss in a year, amid signs of faltering fuel demand in the U.S., the world’s biggest crude consum...

Crude oil steady near $95

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NEW YORK, June 30 (UPI) -- Crude oil prices were steady in New York overnight holding close to $95 per barrel with help from a rebound in eq...

Crude oil dips on speculation IEA to release more supply

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Forexpros - Crude oil futures dipped on Thursday, declining for the first time in three days amid speculation the International Energy Agenc...
Monday, 30 May 2011

Crude Oil Likely to Decline While Gold Gains on Soft US Economic Data

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Crude Oil Consolidation to Yield to Renewed Selling WTI Crude Oil (NY Close): $100.59 // +0.36 // +0.36% Prices continue to consolidat...

Oil Drops on Speculation Fuel Demand May Falter as U.S. Economy Weakens

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Oil dropped in New York , headed for its first monthly decline since August, on speculation fuel demand may falter amid a slowdown in the U....

US crude oil market are watching the price action around the pivotal $100

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All eyes in the US crude oil market are watching the price action around the pivotal $100 a barrel level, as the price continues its narrow ...

Crude oil futures slump on U.S. demand concerns

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Forex Pros - Crude oil futures declined on Monday, slumping to a two-day low as worries that the U.S. economic recovery was faltering spark...

Crude oil continues uptrend on US inventory data

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Crude oil prices (Nymex June futures) were up by more than 1.5 percent in the last week. Oil prices gained on the back of weakness in the do...
Sunday, 22 May 2011

Crude Oil Weekly Fundamental Analysis for May 23-27, 2011

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Crude oil prices fell during this past week, where crude oil prices settled below $100 a barrel amid the strong wave of pessimism that conti...

Crude Oil Daily Fundamental Analysis for May 23, 2011

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Crude oil prices extended the drop on Friday, where another wave of pessimism dominated global markets amid the lack of economic news from t...

Oil Technical Analysis for May 23, 2011

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Light Sweet Crude The CL retested the $95 area yet again on Friday, and just like every other time recently – the area held as support. ...

NYMEX-Crude up as June expires, closes week off a bit

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* Short-covering on news of al Qaeda plot lifts prices * Dollar gains versus euro on negative Greece news * Coming up: API stocks data, ...

Saudi Oil Output Rises by 7.3% in First Quarter, Al Rajhi Says

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Saudi Arabia, the world’s largest crude exporter, increased its daily oil output by 7.3 percent year-on-year in the first quarter to replace...

Oil Climbs in New York on Signs of Fuel Demand, Heads for Weekly Decline

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Oil rose in New York, trimming its weekly decline, on signs of growing fuel demand in the world’s two biggest crude-consuming nations. Jul...

Oil prices end week above $100

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Oil prices rose at the end of the week with US crude contracts returning above the US$100/barrel level. The minutes from the latest meeti...
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