|
oil prices, oil trading
|
Oil prices are heading for its biggest annual gain in ten years, on forecasts that US stockpiles are narrowing while unrest in Iran sows concerns crude oil supply will be disrupted. NYMEX and ICE crude oil futures are set for a 77 percent gain this year, the biggest since 1999. Oil prices have tripled in [...]
Oil prices rose for a 6th day in trading on Wednesday on forecasts that US stockpiles are shrinking, while tensions in Iran sows concerns of global crude oil supply disruption.
“Stocks are showing the market is getting towards a more balanced situation, though it will take time,” said Alexandra Kogelnig, a consultant at JBC Energy GmbH [...]
Brent oil prices rose on Wednesday nearing the $80 a barrel mark, extending recent gains and is up around 70 percent from it’s 2009 lows. ICE Brent crude oil futures added 27 cents to reach $77.91 a barrel in quiet trading.
The US government’s Department of Energy (DoE) will later publish its regular update on crude [...]
US Light oil prices are trading over $79 a barrel on Wednesday and are looking higher for 2010 despite a surprise rise in weekly US crude oil inventories ahead of the release of US government data.
Benchmark Light, sweet crude oil futures for February delivery was up 19 cents to $79.06 a barrel at late afternoon [...]
US peak oil theory, less crude oil from now forever! – Jim Baldauf, a former Dallas oilman, remembers the days when it seemed like you could punch a hole in the ground just about anywhere in Texas and hit a gusher. Now explorers in the southern US state of Texas find themselves drilling down further, [...]
OPEC members are content with oil prices in the range of $70 to 80 per barrel and maintained output targets but Iraq might not adhere to OPEC’s oil production quotas. The cash-poor country recently auctioned off some of its largest oil fields, with Russian and Chinese companies winning the most lucrative contracts. According to analysts, [...]
Oil prices are trading higher on Tuesday with brent crude around $77 a barrel and light oil trading around $78. The oil price rise backs up predictions that the oil futures will rise in 2010. Analysts at investment bank Goldman Sachs are predicting it will reach $110 by the end of the year.
Figures later this [...]
Brent crude oil prices are trading higher around $77 a barrel on the ICE Futures exchange on Tuesday, while US Light oil prices were trading at $78.66 a barrel at midday Bangkok time in electronic trading on the NYMEX as an extended cold snap in the US triggered an year end rally in oil prices.
Analysts [...]
US Light oil prices spiked higher, trading above $79 a barrel on Monday as an extended cold snap triggered an end of 2009 rally in energy futures. Benchmark US Light crude oil futures for February delivery added 72 cents to settle at $78.77 a barrel in light, holiday trading on the NYMEX.
Futures contracts for oil, [...]
Light oil prices held steady above $74 in trading on Wednesday helped along by industry data showing a sharp drawdown in US crude oil stocks and an unexpected fall in gasoline supply, but a higher US dollar limited crude oil price gains.
US Light crude oil futures for February edged up 6 cents to $74.46 a [...]
Recent Comments
LATEST NEWS HEADLINES
MORE OIL STORIES
Daily oil trading report from ODL MarketsHAVE YOUR SAY, CRUDE OIL FORUM
Whats going on in the oil market? Have your say on our crude oil forum, get tips for trading oil futures...OIL TRADING SOFTWARE DOWNLOAD
Plus500 oil trading software platform, trade oil and gold with no fees or commissions, trade oil from $100 outlay, instant software downloadMORE OIL PRICE NEWS HEADLINES
|
