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Jun 13, 12 •
2411 Views •
Market Commentaries •
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Comments Off on Energy in the Morning
During early Asian session, oil prices are seen hovering near $83/bbl with fall of more than 0.40 percent from yesterday’s closing. Ahead of OPEC meeting today oil prices have come under pressure with the question of rising, cutting or keeping the...
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Mar 21, 12 •
2535 Views •
Market Commentaries •
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Comments Off on Crude Oil Continues To Rise
Crude Oil prices have moved up again today, as supply worries persist despite Saudi Arabia’s promise to raise daily output by a quarter to full capacity if necessary. West Texas and Brent crude both dropped by 2 per cent yesterday after the...
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Mar 20, 12 •
4906 Views •
Market Commentaries •
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Comments Off on Crude Falls On Tuesday Trading
Saudi Arabia, the world’s largest oil producer, said it would work alone and in cooperation with other producers to ensure adequate global supplies of crude oil, market stability and fair prices, Dow Jones Newswires reported. Traders also stressed over news...