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Today's oil prices plunge on Saudi Arabian crude supply speculation

2013-02-20 01:00:00| Offshore Technology

Oil prices slipped today over speculation that Saudi Arabia might raise its crude supply, while investors kept a close watch on economic and inventory data from the US, to get an indication of what demand is like in the world's largest oil consumer.

Tags: prices supply oil saudi

 

Today's oil prices slip over Italian political uncertainty

2013-02-19 01:00:00| Offshore Technology

Oil prices dropped today, as traders kept a close watch on Italy's upcoming elections and political ambiguity, which is believed to have added to worries about the eurozone and increased concerns about the oil demand outlook.

Tags: prices political oil italian

 
 

Today's oil prices slide over Chinese New Year holiday

2013-02-11 01:00:00| Offshore Technology

Oil prices slipped today, because of a fall in trade activity in Asia on account of the Chinese New Year.

Tags: year prices chinese holiday

 

Today's oil prices rally on strong Chinese trade data, Middle East worries

2013-02-08 01:00:00| Offshore Technology

Oil prices rallied today after China released strong trade data, which boosted the demand outlook for oil, while a spurt in tensions in the Middle East again only added to supply concerns, also contributing to the rise.

Tags: data prices east middle

 

Today's oil prices rise on anticipation of ECB meet, China data

2013-02-07 01:00:00| Offshore Technology

Oil prices recorded a slight gain today, as investors anticipated the results from a European Central Bank meeting, alongside data from China, to get further indications on the positive demand outlook for oil in the global market.

Tags: data china meet prices

 

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