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Today's oil prices plummet on political deadlock over US debt ceiling

2013-01-15 01:00:00| Offshore Technology

Oil prices plunged today, after the US failed to reach an agreement on the debt ceiling and due to a predicted rise in the country's oil inventory, which put pressure on prices.

Tags: prices political oil debt

 

Todays oil prices jump on Middle East supply concerns, economic optimism

2013-01-14 01:00:00| Offshore Technology

Oil prices gained today, due to a recurrence of supply concerns from the Middle East region and due to rising confidence that the world's biggest economies are gradually moving towards a stable recovery.

Tags: jump prices east middle

 
 

Today's Brent crude slips over the impact of Chinese inflation data

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

Brent crude dropped by 27 cents to $111.60 per barrel, because of worries that China's inflation data could restrict further steps to implement policies to motivate growth in the world's second-largest oil consumer.

Tags: data impact chinese inflation

 

Today's oil prices jump over robust Chinese trade data

2013-01-10 01:00:00| Offshore Technology

Oil prices rose today after Chinese trade data surpassed expectations, generating optimism that an economic revival in the world's second biggest oil consumer could create a higher demand for fuel.

Tags: data jump prices trade

 

Today's oil prices drop over European, US and Chinese developments

2013-01-09 01:00:00| Offshore Technology

Oil prices declined today, as investors showed concerns while awaiting US corporate earnings, along with the anticipated Chinese trade data and results of a European Central Bank (ECB) policy meeting.

Tags: prices chinese oil european

 

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