US Light oil price trading at $80, looks to oil demand stats

US Light oil prices are trading around the $80 mark on Tuesday in Asia as investors mulled whether sluggish US crude oil demand justified the oil price rally over the ...

Brent oil price closes in on $80, Total workers on strike

Brent crude oil price is nearing the $80 mark in trading on Tuesday amid a strike by workers of energy major Total entered its sixth day on Monday. France’s government ...

Goldman Sachs bet on oil prices at $95 in 2010

Goldman Sachs yesterday predicted crude oil prices could reach $85 to $95 a barrel later in 2010, driven by accelerating global economic growth.Goldman analysts say extra crude oil demand will ...

Daily oil market report from ODL Markets

The falling US Dollar has helped push the price of oil back over the $80 level, as traders will now look to see if we can breach the $83 highs ...

Light oil price trading back over $80, eyes on US dollar

US Light oil futures rose to a 6 week high above $80 a barrel in trading on Monday, as speculation over a quick bailout for debt laden Greece helped pushed ...

Brent oil price trading near $80 mark on weaker dollar

Brent oil price is closing in on the $80 mark in early trading in Asia as a weaker US dollar and bullish momentum from recent signs of economic recovery pushed ...

Oil prices trading above $80 on higher 2010 forecasts

Light oil prices are trading above the $80 mark for a second session after Iran’s OPEC governor forecasts that global consumption may climb by as much as 1.4 million barrels ...

Non OPEC global crude oil output to peak by 2011?

Francisco Blanch from Bank of America Merrill Lynch has predicted that the non OPEC global crude oil output will peak by 2011. “We conclude that non OPEC supply, including non-conventional ...

Crude oil ends weeks trading higher, back near $80

Crude oil prices end the week trading higher and closing in on 2010 highs despite a US government report showing a smaller than expected build in total petroleum inventories.US Light ...

Daily oil market report from ODL Markets

Yesterdays oil inventories showed crude stocks rise by 3.1mn barrels last week, higher than analysts’ expectations of 2.2mn barrels.News of the surprise rate hike in the US meant that the ...
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