Crude Oil category
Crude oil exploration news company and industry, also information on crude oil prices, future oil price, crude oil market and trading, merger and acquisition, drilling program, crude oil prices history chart.
Oil Fall after Rally in 2 years, Futures Price Slid
Monday, February 27th, 2012Crude oil for April delivery slid 41 cents, or 0.4 percent, to $109.36 a barrel in electronic trading on the New York Mercantile Exchange at 12:03 p.m. Sydney time. Brent oil for April settlement was down 34 cents at $125.13 a barrel on the London-based ICE Futures Europe exchange. Oil fell, halting its longest rally [...]
Tags:brent oil april, crude oil futures, oil futures fall, oil prices 2012
Crude Oil Trading above Long Term, Heating Oil gain 2012 March
Monday, February 20th, 2012Crude oil in New York opened today’s trading above long-term technical resistance at $103.39 a barrel. On the weekly chart, that’s the 61.8 percent Fibonacci retracement of the drop to $32.40 in December 2008 from a record high of $147.27 in July that year. Buy orders tend to be clustered above chart-resistance levels. March-delivery gasoline [...]
Tags:crude oil trading, global oil demand, heating oil prices, march oil prices, new york oil, oil trading 2012
Crude Oil Futures Prices 2012 Rose Support Oil Supply Midle East
Tuesday, February 14th, 2012Crude oil prices futures 2012 rose Monday to their highest in nearly five weeks after the Greek government passed an austerity program and on concerns about oil supplies amid tensions in the Middle East. Oil futures also got support from a weaker U.S. dollar, with the ICE dollar index DXY +0.03% trading at 78.896, down [...]