February 2010 Archive

Daily oil market report from ODL Markets

The falling US Dollar has helped push the price of oil back over the $80 level, as traders will now look to see if we can breach the $83 highs ...

Light oil price trading back over $80, eyes on US dollar

US Light oil futures rose to a 6 week high above $80 a barrel in trading on Monday, as speculation over a quick bailout for debt laden Greece helped pushed ...

Brent oil price trading near $80 mark on weaker dollar

Brent oil price is closing in on the $80 mark in early trading in Asia as a weaker US dollar and bullish momentum from recent signs of economic recovery pushed ...

Oil prices trading above $80 on higher 2010 forecasts

Light oil prices are trading above the $80 mark for a second session after Iran’s OPEC governor forecasts that global consumption may climb by as much as 1.4 million barrels ...

Non OPEC global crude oil output to peak by 2011?

Francisco Blanch from Bank of America Merrill Lynch has predicted that the non OPEC global crude oil output will peak by 2011. "We conclude that non OPEC supply, including non-conventional ...

Oil Prices