Oil Options Volatility Lowest in 2 Weeks, Futures Advance
Bloomberg reported that crude oil options declined to a 2-week low at 20.58% as futures advanced on better-than-expected US jobless claims.
Articles Tagged "oil futures"
Oil Posts Biggest Gain in Months on Weak Dollar
Reuters reported that Brent crude oil futures posted their biggest gain since December as the US dollar weakened, drawing investors to commodities.
Crude Volatility Falls as Oil Advances for Fourth Day
Bloomberg reported that crude options volatility fell at 18.22% as futures advanced for the fourth straight day.
West Texas Climbs to Highest Level in Week as OPEC Increases Demand Forecast
Bloomberg reported that West Texas Intermediate futures rose to 0.5% in New York to one-week high as OPEC raised its demand forecast.
Crude Oil Options Volatility Up as Oil Falls Highest in Two Months
Bloomberg reported that crude oil options volatility rose above 21% for the first time since January 16th, as oil futures fell the highest in two months.
Oil Futures Fall 1.2 Percent as Hurricane Isaac Lands
Reuters reported that Hurricane Isaac landed late Tuesday and has caused flooding in Southern Louisiana, though as yet has not damaged refineries or offshore oil and gas platforms. 93 percent of offshore Gulf oil is still out of commission.
Raging River Exploration Increases its Production by 23% in 2012 Q2
Raging River Exploration Inc. (TSXV:RRX) has increased its production by 23% in the second quarter of 2012.
Crude Oil Down 50 cents
Business Week reported that crude oil slightly dropped 50 cents over European debt crisis.
Falcon Oil & Gas Updates on the Activities on Beetaloo Basin Area
Falcon Oil & Gas Ltd. (TSXV:FO) has updated on the activities on Beetaloo Basin area, NT Australia.
Brent October Crude Futures Drop $1.56
Reuters reported that Brent October crude futures dropped $1.56 on concern over potential release of U.S. petroleum reserves.
