February 2010 Archive

Brent oil trading higher on US inventories data, dollar

ICE Brent oil is trading higher at $72.59 a barrel on Thursday due to a weaker US dollar and speculation by traders as heavy snow blanketed much of the eastern ...

US Light oil prices trading near $75, investors eye US dollar

US Light oil prices rose to near $75 a barrel in positive trading on Thursday in Asia as investors looked for guidance from the currency markets including the US dollar ...

Oil prices trading higher on EIA data and Europe problems

Crude oil prices finished Wednesday’s trading session higher ahead of a meeting between EU leaders on Thursday to discuss Europe's debt problems, oil prices were also boosted by the EIA ...

UK should prepare for an imminent crude oil price shock

Peak crude oil prices are an imminent risk to the stability of the UK economy and the standard of living of its most vulnerable members, an industry taskforce warned yesterday.Despite ...

Latest OPEC report says 2010 oil forecast to be trimmed

In its latest monthly report, OPEC trimmed its forecast for global oil consumption growth in 2010 to 800,000 barrels a day, OPEC also warned that the slow pace of global ...

Oil Prices