During early Asian session, oil futures prices are trading above $79.50/bbl with a marginal gain of 0.10 percent in electronic platform. As per American petroleum Institute, ( please note that the API inventory indicators have been wrong more than right in the past months ) crude oil stocks have declined in Cushing Oklahoma delivery centre […]
Crude Oil tumbles while Natural Gas soars Read More »
During early Asian session, oil futures prices are trading in a lower trend on concern of rising stock piles, where lower demand is expected from major oil consuming nations. Prevailing European debt crisis getting tough day by day as partial solutions are not helping the global market to withstand. The credit rating agency Moody has
US Natural Gas gets a lifeline from Japan Read More »
Crude oil futures prices are trading above $86/bbl in electronic platform with gain of more than 2 percent. Oil prices have gained on speculation of higher oil demand from European countries as Spain have requested for bailout to shore up its banks. Spain finance minister have told that it will seek $125 billion. The impact
Crude Oil and Natural Gas Expectations Read More »
Currently oil futures prices are hovering below $83.50/bbl with loss of more than 1 percent in electronic trading. Most of the Asian stocks have headed for a downside trend in lieu of Bernanke statement given on yesterday. A plunge in global financial market was witnessed after hope of further monetary stimulus became vein as Fed
Oil and Natural Gas continue to decline Read More »
