Oil Market Q4 Outlook
Analysts see Brent prices easing and WTI ending the year where it began, but do not rule out more volatility over Q4.
Articles Tagged "brent"
2011 Oil Market Trends
Spread between WTI and Brent crude the emerging oil story of 2011.
Asia Crude India has purchased 1 bbls Sept Zarzaitine
India’s leading state-owned refiner, Indian Oil Corp, has bought 1.0 million barrels of Tunisia’s Zarzaitine crude in its fourth tender to buy September-loading sweet crude, trade sources said. IOC purchased the cargo from Algerian state-owned Sonatrach at a premium of 85 to 90 cents to dated Brent. For full story, click here
North Sea Brent May Crude program blend 4.24 mln barrels
The May loading program for North Sea Brent blend crude oil schedules the loading of 4.24 million barrels that depicts an increase from 3.622 million barrels set for loading in April. For full story, click here
Oil Price Peaks And Slides
Oil prices vaulted 9 per cent in NY Thursday, in tandem with a powerful stocks rally, as investors cheered G20 agreements to combat the global downturn and an easing of US accounting rules. On Friday, oil prices settled above $52 a barrel, slightly lower on the day after a report that US unemployment in March soared to a 25-year high. But optimism that the economy will soon turn around curtailed losses.
London Brent rise USD 2.98 to USD 48.37 a barrel
London Brent rise USD 2.98 to USD 48.37 a barrel on January 23rd 2009 and US crude settled up 2.80 at USD 46.47 per barrel. For full story, click here
