No Significant Change in Current Oil Price while awaiting for European Plans

Oil prices did not change much while the market waits for the next move from Europe to try fixing its financial challenges. In New York, the current crude oil price of the U.S. benchmark crude was higher by 2 cents, at $84 a barrel. In London, the Brent crude price fell by 5 cents to $98.80. Ministers of finance and central bank leaders in the seven richest countries of the world recently...
read more

Current Crude Oil Price Drops to New Low Level for the Year

The current crude oil prices fell to a new low level this year with rumors that Greece may leave the euro currency. In the NYMEX, the Benchmark WTI crude price dropped $1.35 to finish at $94 a barrel. That is the lowest rate since the 19th of December last year. On the ICE Futures exchange in London, Brent crude prices were lower by $1.61 to end at $110.65. Elsewhere in the energy markets, the...
read more