Light oil trading up on heavy buying ahead of EIA report

US Light oil prices surged over a dollar higher amid heavy buying in trading on Thursday ahead of the latest release of the US EIA report from the US Department ...

Daily oil trading report from ODL Markets

Crude traded lower as the US Dollar rallied. The move out of the Euro and the Australian Dollar helped push up the Dollar Index, as traders sought the relative ...

Brent oil price hovers around $75, US dollar makes gains

Brent crude oil futures lost 36 cents to $75.91 a barrel in early trading on Thursday as the US dollar rose to near nine month highs on the euro."The US ...

Oil prices trading steady on higher dollar, awaits EIA data

Oil prices are holding steady in early trading on Thursday and awaits the latest US EIA data to be released later today, while the US dollar made some gains against ...

OPEC member states get visit from US Energy Secretary

US Energy Secretary Steven Chu, will travel to the Middle East next week to meet top OPEC member country officials from several nations, including Saudi Arabia, Qatar and the UAE.Chu's ...