December 2009 Archive

Oil prices trading on roller coaster ride, eyes on US dollar

Oil prices dipped back down in choppy trading on Friday as the bearish effect of a stronger US dollar offset economic data fueling optimism that also boosted equities. Crude oil ...

Oil prices trading higher as IEA raises 2010 forecast

Light and Brent crude oil prices are trading slightly higher on Friday, as the IEA raised its forecast for global oil demand next year, 2010. US Light crude oil for ...

IEA revises up global oil demand forecast for 2010

The IEA today said its forecast for global oil demand forecast is virtually unchanged for 2009 at 84.9 mb/d and at the same time, it revised up its oil forecasts ...

Will oil prices soar higher again anytime soon?

Will oil prices soar higher again anytime soon? Many National Post readers are committed to the free-market system. They'll be surprised then, to learn then that oil and gas is ...

FOREXYARD review, oil trading platform

FOREXYARD Review, Oil Trading PlatformFOREXYARD review of their online trading platform, to compliment the FOREXYARD FX trades, they also offer trading for oil, gold and silver. This ...

Oil prices higher amid crude oil demand concerns

Oil prices rebounded in trading on Friday after falling for seven straight sessions amid "sluggish" oil demand in the US. Brent crude oil futures for delivery in January rose 52 ...

Oil prices trading higher on strong China data

Oil prices rose in trading on Friday, supported by solid industrial growth in China, after falling for a seventh straight trading session a day earlier on concerns over global oversupply, ...

Brent oil prices trading higher, close to $73

Brent crude oil prices are trading slightly higher on Friday at $72.48 after falling 10 percent in eight days. Oil prices pared some of this week’s drop after China’s factory ...

Light oil prices trading around $71 on Friday

Light oil prices are currently trading around the $71 a barrel mark on Friday in Asia as a warm winter and struggling economy in the US undermine demand for crude ...

Analysts expect oil prices trading over $80 in 2010

Expect the price oil to to be trading higher in 2010 as crude oil futures remained above the psychological $70 a barrel level Friday in Asia, but prices were poised ...

Oil companies bidding for major stake in Iraq fields

Iraq's prime minister urged international oil company executives to look beyond their security fears in the country as they began bidding Friday on the biggest stake in the nation's energy ...

No changes for OPEC, while Russia oil production surging

OPEC will review oil production targets in December, but they do not foresee any changes in the current production target of 24.84m bpd. Meanwhile Russia, the world's biggest oil exporter, ...

Oil Prices