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 ...

US crude oil trading back around $80 as US inventories jump

US Light crude oil is trading back around the $80 a barrel mark on Wednesday in Asia after a report showed an unexpected jump in US inventories of distillates and ...

US sees non-OPEC oil output growth ending in 2011

The world will become more dependent on OPEC oil beginning in 2011 as the combined non-OPEC oil output from countries outside of the producer group begins to decline, the US ...

Crude oil prices may hit record highs if the US attacks Iran

Crude oil prices may hit record highs the US attacks Iran as Obama's General Petraeus plans Iran invasion. Long term oil futures have been rising steadily because of the Obama ...

Light oil price trading back at $82 on weaker US dollar

US Light oil price is trading at $82 a barrel in Tuesday's session in Asia, down 49 cents from the New York close on Monday. It’s a tepid start to ...

Oil prices to be trading above $90 a barrel says Citigroup

Oil prices will be trading at or above $90 per barrel, but longer term should settle closer to $80, says a new report from Citigroup Global Markets. Citigroup Analyst Faisel ...

Brent oil price trading back at $80 as big freeze ends

Brent oil price is trading back around the $80 mark in as colder weather around Europe and the US eases. London Brent crude oil futures fell 62 cents to $80.35 ...

Oil trading near $84 on higher demand and US Dollar Index

Crude oil prices are trading around one percent on Monday, hitting a fresh fifteen month high near $84 a barrel, supported by a lower US Dollar (Dollar Index) and ...

US Light oil price trading around $83, higher oil stocks

US Light crude oil prices were holding steady in trading on Thursday after the US Energy Information Administration issued its weekly US oil inventories report a day earlier. The EIA ...

Brent oil prices trading around $81 on colder weather

Brent crude oil prices are trading around $81 on Thursday as colder, global freezing weather in the US, China and Europe supported the ten day rally in oil prices. Yesterday, ...

Asia executives looking to $90 plus 2010 crude oil prices

Cold weather could send crude oil prices above $90 later in 2010, local Asia executives say as oil prices are trading up around $11 over the past week with WTI ...

The peak oil crisis in 2010 – an annus horribilis

For Queen Elizabeth, 1992, the year Windsor Palace caught on fire and several of her kids separated, was a an annus horribilis, for the rest of us the coming year ...
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