View RSS Feed

Recent Blogs Posts

  1. Oil Rebounds but Analysts Remain Wary

    by , 12-18-2014 at 12:12 PM
    Name:  1.jpg
Views: 87
Size:  56.0 KB

    Brent prices rose on Tuesday after five consecutive days of losses and a five-year low. US crude rose with players seeking a sustainable oil price in the market that is being haunted by concerns of oversupply.

    Light, sweet crude futures for January delivery on the New York Mercantile Exchange climbed 1.2% or 77 cents to $63.82 per barrel.

    On London’s ICE Futures exchange, January Brent crude climbed 1% or 65 cents ending ...