January 2010 Archive

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 ...

Oil Prices