The price of Crude Oil continues to fluctuate between $71 and $78 a barrel, with a current price settling yesterday just under $77. Speculative reports about a decline in inventories have fueled a number of analyses to predict an impending rise in oil prices from a boost in consumption among the larger economies. The United [...] [...more]
Crude oil dropped for the second consecutive day today. Crude oil fell about 250 pips during yesterday’s trading session. A barrel of oil was traded for around $74.15 during yesterday morning, and dropped to a daily low of $71.52 a barrel. Crude oil prices fell yesterday as investors are concerned that oil demand in the [...] [...more]
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