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Commentary

Commodities - Iran tensions, US stocks underpin oil

Oil prices are edging higher on Thursday following the release of bullish US oil inventory data in the previous session and amid persisting geopolitical tensions in the Middle East, while European debt concerns continue to provide a ceiling.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 107.48/bbl on the Ice platform, up USD 0.46 on Wednesday's close, while the WTI January contract on Nymex traded USD 0.16 higher at USD 96.33/bbl. "The market is more focused on the negative side of [global] economy growth, but if you compare [current oil prices] to the last time the US d
Donnerstag, 24.11.2011, 08:29 Uhr
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E&M  Commentary
Mittwoch, 23.11.2011, 08:39
Commodities - Inventories fall "overshadowed" by euro crisis
Oil prices are retreating from strong prior-session gains on Wednesday morning with a bullish drop in crude stocks reported by the American Petroleum Institute (API) "completely overshadowed” as eurozone fears remain a primary concern, weighing on risk appetite.
Energie & Management > Commentary - Commodities - Inventories fall
Mittwoch, 23.11.2011, 08:39
E&M  Commentary
Commodities - Inventories fall "overshadowed" by euro crisis
Oil prices are retreating from strong prior-session gains on Wednesday morning with a bullish drop in crude stocks reported by the American Petroleum Institute (API) "completely overshadowed” as eurozone fears remain a primary concern, weighing on risk appetite.
Energie & Management > Commentary - Commodities - Iran tensions, US stocks underpin oil
zurück
Commentary
Commodities - Iran tensions, US stocks underpin oil
Oil prices are edging higher on Thursday following the release of bullish US oil inventory data in the previous session and amid persisting geopolitical tensions in the Middle East, while European debt concerns continue to provide a ceiling.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 107.48/bbl on the Ice platform, up USD 0.46 on Wednesday's close, while the WTI January contract on Nymex traded USD 0.16 higher at USD 96.33/bbl. "The market is more focused on the negative side of [global] economy growth, but if you compare [current oil prices] to the last time the US d
Donnerstag, 24.11.2011, 08:29 Uhr
Redaktion
© 2024 Energie & Management GmbH
Redaktion
Redaktion
Mehr zum Thema
mehr
E&M  Commentary
Mittwoch, 23.11.2011, 08:39
Commodities - Inventories fall "overshadowed" by euro crisis
Oil prices are retreating from strong prior-session gains on Wednesday morning with a bullish drop in crude stocks reported by the American Petroleum Institute (API) "completely overshadowed” as eurozone fears remain a primary concern, weighing on risk appetite.
Energie & Management > Commentary - Commodities - Inventories fall
Mittwoch, 23.11.2011, 08:39
E&M  Commentary
Commodities - Inventories fall "overshadowed" by euro crisis
Oil prices are retreating from strong prior-session gains on Wednesday morning with a bullish drop in crude stocks reported by the American Petroleum Institute (API) "completely overshadowed” as eurozone fears remain a primary concern, weighing on risk appetite.

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