Category Archives: Oil Prices

Oil prices retraced to $75 amid ongoing Euro concerns

, Brent oil price sinks under $72 as the Euro looses ground, WTI oil price trading down 3 percent on firm US dollar Index, BP shares in freefall down

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Oil prices hovers around $72 mark on US dollar gains

Crude oil prices open trading on Wednesday hovering around the $72 a barrel mark as the US dollar one again makes gains against the Euro and other major world currencies. US Light crude oil futures for July delivery traded at … Continue reading

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WTI oil price move higher to $73 on US supplies dip

WTI oil prices open trading over $73 a barrel Thursday in Asia after a report showed US crude inventories fell more than expected, suggesting consumer demand is growing. US Light crude oil futures for July delivery was at $73.65 a … Continue reading

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WTI oil price hover nears $75 after US crude supply dip

WTI oil prices are closing back in on the $75 mark on Friday as the latest US crude oil supply data showed a dip lower. Light crude oil futures for July delivery was at $74.67 midday Singapore time on Friday … Continue reading

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Crude oil prices fall four percent on gloomy US jobs data, news updated June 05, 2010

Crude oil prices have fallen over four percent in late trading on Friday, hit by weaker than expected US payrolls data and a stronger US dollar, with the Dow Jones closing under the 10,000 mark. US Light sweet crude oil … Continue reading

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