US Light oil price above $82 on weaker dollar, markets

US Light oil prices are back on the march upwards as a weaker US dollar and rising world stock markets added three percent on trading on Monday bringing prices back ...

Brent oil price trading over $81 mark, holiday week bounce

Brent oil futures are trading steady above the $81 a barrel mark on Tuesday in Asia, pausing after a leap in oil prices the previous day fueled by a US ...

Oil prices trading up 3 percent on a falling US dollar

Oil prices rose sharply in trading on Monday on the back of a weak US dollar and rising global stock markets.US Light crude oil futures for delivery in May, soared ...

Oil prices trading higher on Monday amid weaker US dollar

Crude oil prices rose in early trading on Monday, recouping some of the previous session's losses, supported by a weaker US dollar, while positive Asian economic data also helped to ...

OPEC members expect that 2010 oil demand will rise

OPEC member countries agreed not to change oil output targets they are already exceeding, and expect that oil demand will pick up later in 2010.OPEC's General Abdullah al-Badri said that ...

Weekly petroleum recap, crude oil inventories up

Strength in the US dollar, along with mild weather and a greater than expected increase in crude oil inventories put a cap on the petroleum markets during the week which ...

Peak oil tax? UK oil & gas tax take at all time low

Peak oil tax? The UK government's tax take from oil and gas production in the North Sea fell to its lowest ever level, under the current fiscal regime, in the ...

Oil prices trading range at $80 mark on US Dollar Index

Oil prices are trading in the $80 range on Thursday as the US Dollar Index breaks through the 81.00 mark and continued strength of the US dollar versus the euro ...

Daily crude oil trading report from ODL Markets

Despite the US dollar moving higher, oil futures maintained current levels following API data showed domestic crude stocks rose more than expected.Crude oil stocks rose by 7.5mn barrels, much higher ...

Peak oil – OPEC reserves exaggerated by massive amount?

Peak oil now? The world's oil reserves have been exaggerated by up to a third, which would be a massive amount, according to Sir David King, the UK Government's former ...

Oil prices trading lower as US dollar makes gains

Crude oil prices are trading slightly lower on Wednesday in Asia, inversely tracking a strengthening US dollar, which discouraged investors from buying commodities, such as oil, that are priced in ...

Brent oil price rebounds, trading back over $80 mark

ICE Brent oil futures rebounded and are trading back above the $80 a barrel mark as prices claw back early week losses. In London, May Brent crude oil futures is ...

Light oil futures back over $81, OPEC says oil price stable

Light oil futures are trading back above the $81 mark on Tuesday as energy traders meanwhile followed events Monday in Geneva, where leading OPEC ministers warned against financial speculation on ...

Crude oil prices gain as traders eye global stock markets

Crude oil prices are higher in trading on Tuesday as investors look to global stock markets and crude oil inventory data later this week for a cue to future prices. ...

Daily crude oil trading report from ODL Markets

Friday saw crude oil futures suffer their biggest daily drop in 6 weeks, as it once again struggled to break through the $83 level.Traders sold commodities as concerns persisted about ...
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