WTI Crude oil

Oil Drops To $96 A Barrel As Energy Prices Decline 1.4 Percent In April

  Like any other asset, crude oil trades on supply as well as demand. And while an improving U.S. economy can be expected to boost the demand for oil, a stronger supply picture should take any wind out of oil’s sales in 2014. “Although the U.S. economic growth story might make it seem as though… Keep reading →

Eastern Libya Continues Fight Against Gaddafi Forces

By: Sri Jegarajah U.S. crude futures are on course for their fifth weekly loss, reflecting a build-up of domestic stockpiles while Brent crude may gain on concern of continued export disruptions from OPEC member Libya, CNBC’s latest market survey of traders, analysts and strategists showed. Broadly, two-thirds of the respondents in CNBC’s latest poll of… Keep reading →

What trading technology used to look like at the Hong Kong Stock Exchange in 1986.

Energy trading has long been divided between the headline prices everyone can see on the news and the much longer list of prices that exist in the traditionally more freewheeling over the counter markets. Keep reading →