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Brent tops $120 on Iran, North Sea, Greece

02/16/2012 2:57:21 PM
Brent crude rose on Thursday for a fourth day in a row, topping $120 a barrel at settlement-- an eight-month high -- on worries about supply from Iran and from the North Sea, where output was expected to dip next month. Full story

U.S. wheat exports and world trade up this month

02/13/2012 8:45:00 AM
World wheat trade for July-June international trade year 2011/12 is projected up 0.7 million tons to reach 138.8 million tons this month. Export prospects for Russia are increased 1.0 million tons to 20.5 million. Full story

U.S. crude up $1, Brent turns lower; spread narrows

02/07/2012 9:45:00 AM
U.S. crude futures recovered and rose $1 on Tuesday, as Brent briefly turned lower, after the spread between the two oil contracts had risen above $20 a barrel and Brent's relative strength indicator reached 70, an overbought indication. Full story

Brent up, U.S. crude down, premium near 3-month high

02/02/2012 2:58:54 PM
Brent prices rose for a third straight day on Thursday and U.S. crude dropped more than 1 percent in heavy trading that saw the price differential between the two contracts widen close to three-month highs. Full story

Oil slips, IMF optimism fades, demand outlook weak

01/18/2012 9:10:05 AM
Oil retreated on Wednesday as optimism spurred by talk the IMF may do more to help resolve the European debt crisis proved shortlived, with a gloomy demand outlook pressuring prices. Full story



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