January 2010 Archive

Jeff Rubin on Higher Future Oil Prices, $200 and up!

Jeff Rubin comments on how world oil prices are set to be trading around the $200 US dollar mark in the future. Rubin, the former Chief Economist of CIBC World ...

Brent oil price trading lower on JAL Japan Airlines

ICE Brent crude oil futures price fell by more than one percent on Wednesday, pressured by a sell off maybe linked to the bankruptcy filing of Japan Airlines (JAL) the ...

Light oil price steady at $78 range, eyes on China

US Light oil price is trading steady around the $78 mark in Asia Thursday, recovering only a sliver of the ground lost overnight on pervasive concerns that monetary tightening in ...

Crude oil trading down two percent on China, US dollar

Crude oil prices plunged in trading on Wednesday on a stronger US dollar and amid investor concern that China's government will continue to tighten its credit policy. Oil prices fell ...

UK Chancellor says oil prices big danger to economic recovery

Higher crude oil prices could derail the UK recovery, the UK Chancellor of the Exchequer Alistair Darling warned yesterday. The UK Chancellor said higher fuel costs threaten to push up ...

Crude Oil Visual Trading Update

Crude Oil Visual Trading Update Current Trading Plan:Position: SHORT Last (12-01-2010) Closed position @ 81.50 (+$5.7) Long: -- Short: Since 13-01-2010 @80.70 Exit by Stop Loss: @78.68Technical Indicators Notes:Yesterday we said "Nothing changed. Waiting for ...

Oil prices trading steady around $78, has support at $77

Oil prices are trading steady at around the $78 dollar mark as the easing of a cold snap in the northern hemisphere dents demand for heating fuel including oil. A ...

Light oil price trading up near $78, eyes on Dollar Index

US Light oil price is trading back up near the $78 mark on Tuesday in Asia and has some support from a slightly weaker dollar as the US Dollar Index ...

Brent oil futures up in trading at $75 to $80 a barrel range

ICE Brent crude oil futures firmed up above $77 a barrel in late trading on Monday, reinforcing analysts expectations that the contract was a fair value between $75 to $80."We ...

Oil prices trading higher near $78 on lower US dollar

Crude oil prices rose in early trading on Tuesday, closing back near $78 as the US dollar weakened and investors took the view a drop below $79 a barrel made ...

Crude oil trading tips for this week from CNBC

CNBC's weekly poll of analysts forecasts oil prices to continue to fall in this weeks trading as weak fundamentals weigh on the market. Out of 12 analysts, nine (or 75 ...

Brent oil price trading around $76 on lower markets

Brent crude oil futures are trading lower on Monday at around the $76 to $77 dollar mark amid uncertainty over the global economic recovery, mirroring weakness Monday in Asian stock ...

Oil prices trading at $78 as major Asian markets fall

Crude oil prices are trading around the $78 mark in Asia on Monday as crude oil prices stand down around $6 a barrel at $78 as against $84 for last ...

Ecuador says OPEC has not discussed March oil output change

OPEC has not discussed changing oil output targets for its March 2010 meeting, Germanico Pinto, Ecuador's minister in charge of oil policy, said Friday. Asked by Reuters if a change ...

IEA cuts non OPEC oil forecast on lower Azerbaijan production

The IEA cut its forecast for oil supply from outside OPEC member countries for 2010 because of lower than expected production in Azerbaijan.Non OPEC member countries, accounting for about 60 ...

« Previous PageNext Page »
Oil Prices