Current oil prices

High Supply to Bring Down Oil Prices to $80 in the Coming Years

High supply due to increased production in the U.S., Canada and Iraq is expected to pull current oil prices down to $80 in the coming years.

Current Oil Prices Move in Different Directions

The current prices of oil are mixed as Brent prices decline and WTI prices move up.

Domestic Production Boom to have Minor Impact on Current Oil Prices

The U.S. energy production boom can lead to a slight effect on prices of global fuel this year according to experts.

Current Gasoline Prices Rise as 2012 Comes to an End

Current gas prices increase as the year comes to an end and as fiscal cliff negotiations are still unknown.

Current Oil Prices Drop with New Economic Strains

Current crude oil prices fall with new economic strains caused by France’s ratings downgrade and worries on Middle Eastern supplies due to Gaza-Israel tensions.

Current Oil Prices Modestly Rise Prior to US Election and Chinese Power Shift

The current price of oil reflects a slight increase before the elections in the US and a threatening power change in China.

World Bank Warning Pulls Current Oil Prices to Two-Month Low

The warning of the World Bank of Asia’s further slowdown pulled the current price of oil lower to its lowest settlement in two months.

Weaker Chinese Demand Pushes Current Oil Prices Lower

Data showing that fuel demand in China is weakening pushed the current oil prices lower.

OPEC – Oil Market is Well Supplied despite Oil Price Worries

OPEC’s secretary general said that the market has sufficient crude supplies despite fears and worries on the high oil prices today.

Trade Journal Report Pushed Current Oil Prices Lower

The report from a trade journal saying that countries in the West may release strategic oil reserves led the current oil prices to decline.

Current Oil Prices Fell with Weaker Hopes for New Stimulus

The current price of oil declined as hopes weakened that there will be a new set of economic stimulus for the U.S.

Oil Prices Reached their Two-Month High

Oil prices reached their highest level in two months due to stimulus hopes by the Fed and the growing tensions in the Middle East.

Current Oil Prices Increase with Stronger Euro and US Navy Incident

Prices of crude oil increase with stronger euro currency and the US Navy’s firing of a small vessel.

Current Oil Prices Drop with China Further Slows and Norway Resolves Strike

The worsening economic slowdown of China and the resolution to the strike of Norway’s oil workers pushed the current oil prices lower.