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WTI oil prices are trading near the $75 mark in Asia on Thursday, awaiting the latest US inventory data which may suggest that oil stocks will remain at or near all time highs.
US Light crude oil futures for October 2010 delivery was at $74.75 a barrel, 07.45 GMT on the NYMEX after breaking through the [...]
Brent oil futures are trading over the $78 mark on Thursday as global stock markets point higher, boosting oil prices and other commodities including gold.
In London, Brent crude oil futures for October 2010 delivery was trading at $78.28, 07.30 GMT on the ICE Futures Exchange after closing yesterday up over two percent.
“We’ve been in a [...]
WTI oil prices are trading firm near the $74 mark on Wednesday amid falling global stock markets and a higher US dollar, as shown by pointers in the US Dollar Index.
US Light crude oil futures for October 2010 delivery were trading firm at $73.80 a barrel, 09.00 GMT on the NYMEX after closing higher in [...]
Brent oil open’s trading around the $77 mark on Wednesday amid weaker global stock markets as investors grew concerned that high oil stockpiles in the US would continue to weigh on oil prices.
In London, Brent crude oil futures for October 2010 delivery was trading at $77.35, 09.00 GMT on the ICE Futures Exchange.
“When equities are [...]
Brent oil futures are trading firm at the $76 to $77 price level in Asia today amid a rising US Dollar Index having little downward effect on the contract.
In London, Brent crude oil futures for October 2010 delivery was trading at $76.60, 08.00 GMT on the ICE Futures Exchange and Brent oil futures are trading [...]
WTI oil prices open Tuesday’s trading session near the $74 a barrel mark, nearly three dollars under current Brent oil prices as investors eye US oil stocks and guess at future demand predictions.
US Light crude oil futures for October 2010 delivery was at $74.04, 07.45 GMT on the NYMEX after closing lower yesterday.
“The difference between [...]
Brent oil prices open the week’s trading around the $76 mark as the US Dollar Index spins lower giving some support to oil prices.
In London, Brent crude oil futures for October 2010 delivery was at $76.58, 06.45 GMT on the ICE Futures Exchange, little changed on the opening price of $76.55.
Meanwhile, the ICE Dollar Index, [...]
Oil prices could be in for another roller coaster ride next week and end the week trading lower as US refineries perform the annual 2010 maintenance, reducing oil demand.
According to the latest Bloomberg survey, 14 of 34 analysts, or 41 percent, forecast crude oil prices will decline by the end of the trading week, September [...]
WTI oil futures ended the week’s trading session near the $75 mark, around a dollar lower than last week’s closing price amid a decline in oil stocks at Cushing, Oklahoma.
US Light crude oil futures for October 2010 delivery closed Friday’s session at $74.60 a barrel on the NYMEX, down from $75.60 a week earlier.
NYMEX Trading [...]
Brent oil prices held firm around the $76 mark in a quieter trading week and ended at $76.55 a barrel, slightly down on last week’s close of $76.93 on the ICE Futures Exchange.
In London, Brent crude oil futures for October 2010 delivery ended Friday’s trading session at $76.55 after falling near the $74 mark earlier [...]
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Brent oil trading at $75 mark, takes lead from US economyBrent oil prices are having a choppy ride on the market this week as steep falls in trading yesterday had Brent futures closing under the $75 mark, with investors eyeing high US oil supplies and a slowing US economy.
In London, Brent crude oil futures for October 2010 delivery was trading at $75.24, 07.15 GMT on [...]
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