News & event
Brent falls as euro zone woes, dollar pressure - Saturday, June 25, 2011
Brent falls as euro zone woes, dollar pressure
NEW YORK (Reuters) – Brent crude prices fell 2 percent on Friday as Europe's debt problems and a dollar index rebound extended oil's decline a day after consuming nations announced they were tapping strategic reserves.
IEA oil release seen as taking pressure off OPEC - Saturday, June 25, 2011
IEA oil release seen as taking pressure off OPEC
June 24, 2011 - The International Energy Agency's release of oil from strategic stockpiles will take the pressure off OPEC kingpin Saudi Arabia to open its taps, analysts said June 23.
OPEC tells EU it continues to offer adequate spare capacity - Tuesday, June 28, 2011
OPEC tells EU it continues to offer adequate spare capacity
OPEC told the European Union on Monday that it expected the momentum of the global economic recovery to...
PDVSA to sign $1.5 bil loan agreement with Itochu, Mitsubishi - Tuesday, June 28, 2011
PDVSA to sign $1.5 bil loan agreement with Itochu, Mitsubishi
Venezuelan state oil company PDVSA confirmed late Monday night that it will sign an agreement with Japanese trading houses Itochu and Mitsubishi for a $1.5 billion loan on Tuesday...
Oil Rises From Four-Month Low in New York on U.S. Demand, Supply Outlook - Tuesday, June 28, 2011
Oil Rises From Four-Month Low in New York on U.S. Demand, Supply Outlook
Oil rose in New York as speculation U.S. fuel demand will increase prompted investors to buy contracts after prices fell to the lowest in four months...
Oil Settles Below $96 on US, European Debt Fears - Tuesday, July 19, 2011
Oil Settles Below $96 on US, European Debt Fears
U.S. oil fell to settle below $96 a barrel on Monday due to growing fears of a sovereign debt...
Oil Up More Than $2 on Bullish Data, Weak Dollar - Tuesday, July 19, 2011
Oil Up More Than $2 on Bullish Data, Weak Dollar
Crude oil rallied Tuesday on strong U.S. housing data and a positive outlook on the unfolding events of the euro zone debt crisis.
Crude Oil Extends Gains as U.S. Supplies Fall More Than Analysts Forecast - Wednesday, July 20, 2011
Crude Oil Extends Gains as U.S. Supplies Fall More Than Analysts Forecast
Crude oil climbed for a second day after a report showed that U.S. supplies...
Oil Ends Above $99 on US Economic Data, Greece Optimism - Thursday, July 21, 2011
Oil Ends Above $99 on US Economic Data, Greece Optimism
U.S. oil rose to settle above $99 a barrel on Thursday while Brent crude turned negative...
US Crude Gains on Europe Debt Action - Friday, July 22, 2011
US Crude Gains on Europe Debt Action
U.S. crude rose towards $100 a barrel on Friday, gaining for a fourth straight session...
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