Crude oil prices rose further during the electronic trading session of the New York Mercantile Exchange, with commodities lifted by China's statement of support for Europe.The Chinese government issued a policy statement refuting speculation that it was reviewing its euro holdings and confirming tha... More
Crude oil prices rose on the New York Mercantile Exchange this morning (May 27th), supported by a rebound in Asian stocks and strengthening fuel demand in the US.After slipping to $69 a barrel earlier this week, the headline crude oil contract was trading above $72 this morning as the Japanese Nikke... More
Crude oil prices were rising towards $70 (£48.50) a barrel on the New York Mercantile Exchange this morning (May 25th), driven by an expected upswing in demand for gasoline.According to a report from the American Petroleum Institute showed gasoline stocks fell by an unexpectedly large margin la... More
Crude oil prices were falling sharply on the New York Mercantile Exchange (Nymex) this morning (May 25th), and were hovering above $68 a barrel as European markets opened, down more than $2.The losses came amid speculation that the debt contagion would soon engulf other eurozone members such as Spai... More
Crude oil prices were rising on the New York Mercantile Exchange this morning (May 24th), recovering after three days of losses.The gains came as stock markets rebounded from the pummelling endured last week amid enduring concerns about the health of the eurozone economies.Chinese equities performed... More
Crude oil prices continued to fall on the New York Mercantile Exchange this morning (May 21st), on course for a third consecutive week of declines.The headline crude commodity looked in danger of dipping below $70 a barrel once more this morning, while heating oil prices were also down in electronic... More
Crude oil prices were climbing on the New York Mercantile Exchange this morning (May 20th) and were trading above $70 a barrel by the time European markets opened.The commodity climbed after a report from the Energy Information Administration released yesterday showed stronger-than-expected inventor... More
Crude oil prices continued a seven-day slump in electronic trading on the New York Mercantile Exchange this morning (May 19th), weighed down by a plummeting euro.The single currency hit a four-year low against the dollar and many analysts are now warning that the two currencies will hit parity. BNP ... More
Crude oil prices were recovering strongly on the New York Mercantile Exchange this morning (May 18th), reversing yesterday's losses.In the fifth consecutive day of declines, crude oil prices yesterday dipped below $70 (£48) a barrel, with a strong dollar once more weighing on buying activity am... More
Crude oil prices began the week by extending losses for a fifth consecutive day, with Europe causing further anxiety on trading floors.During the electronic trading session of the New York Mercantile Exchange, the dollar dropped sharply and was teetering above $70 (£48) as European markets open... More
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