December 2009 Archive

Light oil prices trading higher on latest US data

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 ...

Brent oil price trading around $74 on stronger US dollar

Brent oil price is trading around the $73 to $74 mark in Asia on Wednesday as markets reacted to a strengthening US dollar. Brent North Sea crude oil futures for ...

Oil prices trading above $74 on US inventory drop, dollar

Oil prices are trading above $74 on Wednesday, helped by industry data showing a sharp drawdown in US crude oil stocks, but the firm US dollar limited gains. Crude oil ...

OPEC keeps oil output unchanged in December meeting

OPEC has kept the present level of oil output from it's twelve member countries unchanged in it's December meeting yesterday. Ministers of OPEC member countries decided to keep the accepted ...

Oil Prices