February 2010 Archive

Brent oil price trading over $75, eyes on US dollar

ICE Brent oil prices have jumped higher in today's busy trading session, up $3.20 at $75.71 on the ICE futures exchange as the US dollar weakened and the global stock ...

Light oil price trades up four percent, now in $77 range

Light crude oil prices surged in heavy trading on Tuesday and is in the $77 range as the US dollar lost ground against the euro and a series of upbeat ...

Crude oil trading up 2 percent, on US dollar, Iran tensions

Crude oil futures are trading over two percent higher in a busy session on Tuesday, helped by a weaker US dollar and renewed tensions over Iran's nuclear ambitions.As US traders ...

Daily oil trading report from ODL Markets

Oil rallied in trading as the US Dollar weakened against the Euro once again. We are trading at in and around the $75 level, with traders growing more confident ...

Light oil price gains in trading, hovers around $75

Light oil futures jumped over a dollar in trading with oil prices hovering around $75 on Tuesday, supported by tensions over US pressure for more sanctions against Iran.US Light crude ...

UK Prime Minister says oil prices are too high

UK Prime Minister Gordon Brown said on Monday that oil prices were too high on the eve of data expected to show that UK annual inflation has soared on the ...

Brent oil trading higher on signs of improved oil demand

Brent oil futures are trading above $73 a barrel Tuesday in Asia as investors looked for signs of improving global crude oil demand amid light holiday trading. Brent crude oil ...

Oil prices trading higher on Iran, Asian stock markets up

Crude oil prices rose in trading on Tuesday nearing the $75 mark as pressure was stepped up for more sanctions against Iran, and gains in Asian stock markets boosted confidence ...

Peak demand for oil is alarming says Saudi Arabia

Saudi Arabia must be very serious about any possible peak in oil demand, which is an alarm for OPEC’s biggest oil exporter to diversify its economy, a Saudi Oil Ministry ...

Oil Prices