Tag: Oil Price

Looking forward, oil prices will remain focused on talks that emerge from the meetings in Europe.

Last week, crude oil for November delivery slumped to a low of $74.95 per barrel and subsequently found a base before heading higher. Tuesday‘s...

A faster than expected second quarter growth in the U.S. economy and Germany’s agreement on Euro nations bailout helped crude rebound a bit from...

Last week, crude oil for October delivery ended on a positive note as WTI advanced for the fourth week running. The contract expires on...

In July, inflation in UAE slowed to 1.3 percent, as residential and oil prices had their biggest monthly drop in more than a year. Inflation...

The UAE federal government has been fixing retail prices for petrol and diesel fuel at levels below retailers’ cost for the past many years....

Oil futures suffered steep losses on Wednesday. Oil for July delivery tumbled $4.84, or 4.9%, to $94.57 a barrel. The dollar rallied more than 1%...

Oil futures declined nearly 3% Friday, as the dollar strengthened. The dollar traded higher compared to major rivals by the end of the last...

In reports published on Monday, both Goldman Sachs and Morgan Stanley increased their price forecasts for European benchmark Brent crude, citing decreasing spare capacity...

In the oil market, analysts agree that any signals about global recovery faltering will raise concerns about future oil demand. Oil prices slid from highs...

Crude-oil futures bounced off 12-week lows in electronic trading Wednesday, as the U.S. dollar declined and encouraged buying in dollar-priced commodities, ahead of a...

Oil price extended losses on Tuesday, as the dollar benefited from ongoing worries about European sovereign-debt issues and concerns about U.S. growth and oil...

Saudi Arabian shares dropped the most in a week, snapping four days of gains, on concern that swinging oil prices will affect the economy...

Crude oil futures rose more than 1% to trade above $98 a barrel, after sliding more than 15% last week amid a broad...

Oil markets will continue to tighten over the next two years given expected robust growth in world oil demand and slow growth in...

Oil reached to its highest level since two years on Friday, as supply cuts stemming from attacks on Libyan oil fields offset demand concerns...

Francisco Blanch, global head of commodities research at Bank of America-Merrill Lynch, talks to Bloomberg about the outlook for gold and oil prices. In...

Traders said Japan would continue to be closely watched by financial markets at least for the next few days, because of Japan's nuclear emergency...