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oil prices, oil trading
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ICE Brent crude oil futures rose around two percent in trading on Monday, supported by a weaker US dollar and the sabotage of an oil pipeline in Nigeria at the weekend. Brent crude oil futures for March settlement rose as much as $1.41, or 1.9 percent, to $74.52 a barrel on the London based ICE [...]
Oil prices are trading higher on Tuesday as oil supply concerns as militants operating in Nigeria’s key oil producing region ended a ceasefire and Royal Dutch Shell was forced to cut output after a pipeline was sabotaged.
US Light crude oil futures for March delivery was up 27 cents at $74.70 a barrel at early afternoon [...]
US Light oil prices pared gains in trading on Tuesday as the US dollar strengthened, with the market’s attention turning to forecasts for steady US crude inventories after prices topped $75 earlier on optimism about the economy. The US dollar rose after Australia’s central bank surprised markets by leaving its interest rates unchanged, sending the [...]
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