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oil prices, oil trading
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, [...]
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