Crude oil prices rallied sharply in late trading on the New York Mercantile Exchange yesterday (September 29th) and have retained gains this morning.The commodity was virtually unchanged at $77.86 a barrel this morning, close to a seven-week high achieved yesterday.Upward momentum was witnessed afte... More
Crude oil prices were climbing in electronic trading on the New York Mercantile Exchange this morning (September 29th), supported by stronger than expected fuel inventories data.Despite widespread expectations that fuel demand declined in the US last week, the American Petroleum Institute announced ... More
Crude oil prices lost more than one per cent in the electronic trading session of the New York Mercantile Exchange this morning (September 28th), hurt by a stronger dollar.By 03:13 Central Standard Time, the November-delivery crude contract had fallen 82 cents to trade at $75.70 a barrel, with inter... More
CME Group, the owner of the world's largest futures exchange, has apologised to its clients after it mistakenly listed 30,000 dummy orders for heating oil on the New York Mercantile Exchange.The technical error, which occurred earlier this month, caused spreads between October-delivery and Decem... More
Crude oil prices were rising for a third day on the New York Mercantile Exchange this morning (September 27th) after strong US industrial growth figures helped to support Asian equities.Following a report released late on Friday by the Commerce Department showing a strong rise in industrial equipmen... More
Crude oil prices were teetering above $75 a barrel in electronic trading on the New York Mercantile Exchange as European markets opened this morning.The commodity recovered from earlier losses to trade fractionally below yesterday's settle price of $75.18, while heating oil prices were also marg... More
Crude oil prices wobbled in electronic trading on the New York Mercantile Exchange this morning (September 23rd) and had rebuilt early losses to trade marginally higher as European markets opened.At 02:49 Central Standard Time, the November-delivery crude contract was trading at $74.78 a barrel, up ... More
Crude oil prices were creeping upwards during electronic trading on the New York Mercantile Exchange this morning (September 22nd), pushing near-term futures above $75 a barrel.Both crude and heating oil found support as the dollar weakened following the latest policy statement from the US Federal R... More
Crude oil prices were falling towards $74 a barrel in electronic trading on the New York Mercantile Exchange (Nymex) this morning (September 21st) as traders displayed caution ahead of an upcoming Federal Reserve statement.After rallying 1.6 yesterday, crude futures were once more under pressure in ... More
Crude oil prices pared early gains during electronic trading on the New York Mercantile Exchange and the commodity was trading flat around $73.80 a barrel as Asian markets closed.Following a drop of 3.7 per cent last week, crude prices were steady this morning as traders awaited a key statement from... More
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