February 2010
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News from February 2010

Oil prices & commodities trading higher, US dollar slides

Crude oil prices rose by more than $1 a barrel in trading on Tuesday, leading a broad recovery across commodity markets. Oil prices have risen above $73 a barrel as a sliding US dollar offset concerns about the strength of the global economic recovery.
By early afternoon Tuesday in Europe, benchmark US Light crude oil futures [...]

Brent oil price flat, trades at $70 in choppy phase

Brent oil prices opened trading on Tuesday flat and it seems that a “choppy phase” for oil prices will continue amid global crude oil demand concerns and a stronger US dollar.
ICE Brent crude oil futures for March delivery fell 3 cents, or 0.04 percent, to $70.08 a barrel on the ICE Futures Europe exchange [...]

Light oil trading steady around $72, eyes on US dollar

US Light oil prices are trading steady around the $72 a barrel mark on Tuesday in Asia as investors remained uncertain about the strength of global economic growth and in turn, global demand for crude oil.
NYMEX Light crude oil futures for March delivery was down slightly at $71.73 a barrel at midday Singapore time in [...]