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 Crude Oil
(In US Dollar)PriceChangeChange(%)52-week price range    
Brent
(07/09/2010)
77.740.871.13
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Price|||||
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84.36
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Related News
Oil higher on hopes of improved US demand
(The Hindu Business Line - 09/09/2010)
Oil was higher in Asian trade on Thursday on expectations that government data will show a rise in US demand, analysts said.

New York’s main contract, light sweet crude for October delivery, rose 47 cents to $75.14 a barrel.

Brent No ...
 
Crude Oil Falls to Three-Day Low Amid Renewed Demand Concerns
(Bloomberg - 08/09/2010)
Oil declined to a three-day low as falling equity markets reinforced doubts about the global economic recovery while the end of the U.S. summer peak consumption season signaled lower demand from refiners.

Yesterday’s U.S. Labor Day holiday mar ...
 
China Hints at Tighter Regulation on Gas Sector
(The Wall Street Journal - 08/09/2010)
China's push for cleaner fuels has kept urban gas distributors in a sweet spot, but an industry regulation being tested in the northern province of Hebei suggests they face a bumpy road ahead.

Hebei's government wants to cap gas companies' retu ...
 
Oil Falls for Second Day on Speculation Fuel Demand Will Drop
(Bloomberg - 08/09/2010)
Oil dropped for a second day in New York on speculation fuel demand will decline as the U.S. summer peak consumption season ends.

Yesterday’s Labor Day holiday marked the end of the peak driving season. Refiners often idle units for maintenanc ...
 
Crude oil falls below $75/bbl; ends 3-day rally
(Oil & Gas Journal - 08/09/2010)
Pulled down by a tumbling equities market despite a report that consumer spending hit a 4-month high, the front-month crude oil contract fell 1.3% to below $73/bbl, ending a 3-day rally Aug. 30 in the New York market.

“Looking at natural gas, ...
 
PetroChina recorded 75pct YoY growth in nonoil business in H1
(Steelguru - 08/09/2010)
The Beijing News reported that China National Petroleum Corporation announced on September 6th that its listed subsidiary, PetroChina recorded a 75%YoY growth in its non-oil business sales in the first half of 2010.

CNPC also revealed PetroChin ...
 
Oil falls for 3rd session on share price drop
(Business Standard - 08/09/2010)
Oil fell for a third straight session on Wednesday, with the US benchmark hit by weakness in equity markets.

Japan's Nikkei average fell 2.2 per cent on renewed concerns about European banks and the global economy, which pulled Asian stock mark ...
 
Oil falls for 3rd session as investors offload risk
(Guardian.co.uk - 08/09/2010)
Oil fell for a third straight session on Wednesday, with the U.S. benchmark depressed by brimming petroleum stockpiles, as Asian equities declined on investor attempts to reduce risk exposure.

The euro struggled near record lows against the Swiss ...
 
Oil prices fall below $74
(The Hindu Business Line - 08/09/2010)
Oil prices fell below $74 in Asian trade on Wednesday.

New York’s main contract, light sweet crude for October delivery, slumped 40 cents to $73.69 a barrel.

Brent North Sea crude for delivery in October slipped 45 cents to $77.29. ...
 
Oil Futures Soften
(The Wall Street Journal - 07/09/2010)
Crude oil futures softened in largely subdued trading because of the U.S. Labor Day holiday.

Participants were weighing oil market fundamentals against some recent upbeat economic data out of the U.S.

"There is concern...that suppl ...

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