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  Fri, 03 September 2010

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Oil Market News

oil marketCheck Market News Summary and Price Chart at the bottom of this page

Encore analyses and monitors a range of oil metrics daily which include:

CommoditiesPrice Sources
  • Brent Crude
  • West Texas Intermediate Crude (WTI)
  • Gas Oil (GO)
  • Fuel Oil (FO)
  • We monitor several industry standard price sources
Curve lengthFundamental Factors
  • 6 years
  • Oil inventory data
  • Demand / supply forecasts
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Oil Market News Summary
Oil prices gained on Thursday, due to an oil platform fire in the Gulf of Mexico, and worries of a hurricane disrupting oil facilities in the US. A softer dollar and better than expected data from the US on housing and jobs also supported prices, as  data showed improvement in housing, the job market and retail sales a day ahead of the key monthly payrolls figures.
Last Updated ( Fri, 03 September 2010 )
 

Oil Price Chart

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