Crude oil prices trading higher amid a stronger US dollar

Crude oil prices hovered around $74 a barrel in early trading on Friday, firm under pressure from a stronger US dollar (see Dollar Index), gleaning support as traders seized the ...

Brent crude oil price trading above $72 after US speech

Brent crude oil price rose above $72 a barrel in trading on Thursday, paring some of the previous day's decline, after a speech by US President Barack Obama eased market ...

Oil traders betting a big oil price swing to come soon

Oil traders betting a big oil price swing to come soonSince October, the crude oil options market has appeared curiously calm. Oil prices have settled nicely between $70 and $80 ...

Light oil price trading near $74 on US growth forecast

US Light oil price was steady in trading near $74 on Friday as the recovery of the US economy and recent growth forecasts have yet to boost fuel demand and ...

IEA says crude oil demand has peaked in developed world

The IEA says that crude oil demand has peaked in the developed world and will never return to 2006 and 2007 levels because of more fuel efficiency and the use ...

China’s NDRC sees crude oil prices trading average $80 in 2010

China's state economic planning agency (NDRC) sees global crude oil prices trading average of around $80 a barrel for 2010, up from 2009, the official Xinhua news agency said, a ...

US Light oil price trading around $74 after Obama speech

US Light oil price rose toward $74 a barrel in trading on Thursday, rebounding from six week lows, after US President Barack Obama's speech (State of the Union address) and ...

Brent oil price trading near $72, finds support level

ICE Brent crude oil futures hovered around $72 - $73 a barrel range in trading on Wednesday after data from the US American Petroleum Institute showed an unexpected drop in ...

Morgan Stanley forecast oil prices trading at $110 in 2010

A Morgan Stanley report which, under its base forecast, said oil prices would end 2010 trading at $95 a barrel, $100 in 2011 and $105 in 2012. In a bull ...

IEA to Meet CFTC and OPEC on curbing oil price speculation

The IEA is to meet with OPEC, banks and US and UK regulators in Tokyo in February 2010 to discuss limiting oil price speculation.IEA Executive Director Nobuo Tanaka said today ...

Brent oil price under $75 on US data, bank trading curbs

Brent crude oil price is trading under $75 a barrel on Friday on London's ICE Futures exchange as talk of bank trading curbs upset speculators and US oil inventories data ...

Light oil price trading under $76 on weak US demand

US Light oil price fell below $76 a barrel in trading on Friday in Asia, dampened by evidence of weak crude oil demand after US government figures showed the United ...

Oil prices trading down 2 percent on US bank trading curbs

Oil prices are trading down around 2 percent in Asia on Friday below $76 a barrel after talk of US bank trading curbs upset speculators, while refiners in top consumer ...

Turkey oil stock level below 90 day rule in 2009 says IEA

Turkey dipped below the IEA's required oil stock level in October 2009, below the 90 day rule, the latest data shows, but the country expects November data to show its ...

OPEC members oil output was higher in December 2009

OPEC member countries compliance with crude oil production targets dropped to the lowest in a year in December 2009 as oil output was seen to be higher than in November.Oil ...
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