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Oil Prices Surge USD 112 per barrel as Dollar Jitters from Major Oil Suppliers

Prices oil surged above $112 per barrel Friday following a drop in the dollar and continued jitters about shipments from the world’s major oil suppliers. Benchmark West Texas Intermediate crude oil for May delivery jumped $2.49, or 2.3 percent, to settle at $112.79 per barrel on the New York Mercantile Exchange. Crude oil set new [...]

Friday, April 8th, 2011

Tags: gasoline price steady, oi per barrel, oil investors, oil prices, oil stock, oil trading Hot News, Oil

Oil Prices per Barrel Down as Japan Disaster

Oil prices dropped to near $99 a barrel Monday in Asia after a massive earthquake and tsunami devastated northeastern Japan and threatened to send the world’s third-largest economy into recession. Benchmark crude for April delivery was down $1.63 at $99.53 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. [...]

Monday, March 14th, 2011

Tags: benchmark crude april, crude oil 2011, japan disaster, japan oil trading, london oil market, nymex oil trading, oil prices, oil prices barrel Hot News, Oil

Oil 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, 2010

Tags: asian oil prices 2010, Benchmark crude for July 2010, crude oil prices june 2010, Major Asian and European stock markets, oil stock market price Crude Oil, Hot News