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Tag: oil prices
Today's oil prices rally on global demand expectations
2013-07-22 01:00:00| Offshore Technology
Oil prices increased today, rising firmly above $108 a barrel in expectations of a revival in global demand growth, as investors focused their attention on US oil, after it hit a premium for the first time.
Tags: global
prices
oil
demand
Today's oil prices jump on US demand optimism, Fed's stimulus call
2013-07-19 01:00:00| Offshore Technology
Oil prices gained on expectations of a stable revival in US demand, following strong economic data, as well as an encouraging announcement from the Federal Reserve on monetary stimulus.
Today's oil prices slide as dollar gains strength
2013-07-18 01:00:00| Offshore Technology
Oil prices slipped today as the dollar emerged stronger, while a slump in US stockpiles for a third week raised hopes of a steady recovery in demand growth.
Tags: prices
oil
strength
dollar
Today's oil prices plunge ahead of Fed Chairman's statement
2013-07-17 01:00:00| Offshore Technology
Oil prices dipped after investors decided to wait for more clarity from Federal Reserve Chairman Ben Bernanke on the US central bank's intention to withdraw its monetary stimulus programme before locking in new positions.
Tags: statement
prices
oil
ahead
Today's oil prices slide on Chinese demand concerns
2013-07-16 01:00:00| Offshore Technology
Oil prices dropped today, on apprehensions over negative demand growth from China; however, predictions of a third straight drop in weekly US crude inventories restricted any further fall in prices.
Tags: prices
chinese
oil
demand
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