January 2010 Archive

Oil prices trading lower on stronger US dollar, demand

Oil prices are trading lower, below $79 a barrel Friday in Asia amid a strengthening US dollar and weak global crude oil demand from developed countries. US Light crude oil ...

The CFTC okays plan to rein in oil trading speculators

The US CFTC has endorsed a plan to rein in oil trading speculators by setting new limits on trading in energy futures by Wall Street investors and hedge funds.Analysts warn, ...

Brent oil price trading lower, eyes on CFTC contract limitations

Brent oil price extended losses in Asian trading on Friday on weaker global energy demand and news the US commodity and options regulator, the CFTC was looking for limitations and ...

US Light oil price trading around $79, concerns over US economy

US Light oil price fell to just above $79 a barrel in trading on Friday and was set for its first weekly drop in more than a month on disappointing ...

Oil Prices