January 2010 Archive

ICE Brent oil trading near $80 on cold weather and Belarus

ICE Brent crude oil futures rose towards $80 a barrel in trading on Monday, reaching the highest level in a month, on cold weather in Europe and on concern over ...

US Light oil price is trading back above $81 a barrel

US Light oil price topped $81 a barrel in trading on Monday on optimism that a gradual economic recovery in the US in 2010 will increase demand for crude oil. ...

Brent oil price trading near $79, Russia cuts oil to Belarus

Brent oil price is closing back in on the $80 mark on Monday and is currently trading near $79 a barrel after Russia cut crude supplies to Belarus, analysts said. ...

New Zealand secures oil reserves under IEA obligations

New Zealand in a move to meet the obligations set by the IEA, has secured net oil reserve for the year 2010, as stated by Energy and Resources Minister Gerry ...

OPEC member oil output hits 2009 high in December

OPEC oil output rose in December to a 2009 high led by Nigeria and smaller rises elsewhere in the 12 member group, further eroding compliance with agreed oil output targets, ...

Oil price breaks $80 mark in Monday trading in Asia

Oil price breaks through the $80 a barrel mark in trading on Monday in Asia on optimism a US economic recovery in 2010 will boost demand for crude oil.Benchmark US ...

Oil Prices