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Crude oil prices fall expected to prevent the high rise
Crude oil prices fall 3.3 percent after the IEA reported signs of an oil-demand “slowdown” in its monthly Oil Market Report today. The IMF cut its growth forecasts yesterday for the U.S. and Japan, two of the top three oil-consuming countries. Brent oil may drop more than $15 to $105 a barrel, Goldman said in [...]
Saturday, April 16th, 2011Oil rises above 75 US dollar as global equities rally Stock Market
Oil prices rose above $75 a barrel before midle of june 2010 in Asia as rallying stock markets. Benchmark crude for July delivery was up $1.33 to $75.11 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract dropped $1.70 to settle at $73.78 on Friday. Major [...]
Monday, June 14th, 2010Gas Prices Retail Growth per Gallon Today
Retail gas prices rose for the fifth straight day on monday, adding less than a penny overnight to a new national average of $2.648 a gallon, according to AAA, Wright Express and Oil Price Information Service. A gallon of regular unleaded is still cheaper than it was a month ago. It’s also 73.1 cents more [...]
Tuesday, February 23rd, 2010