March 2010 Archive

Daily oil trading report from ODL Markets

Oil is trading back over the $80 level as the US Dollar remained stable, and the US’s better than expected revised GDP numbers on Friday helped build confidence.Further bullish news ...

Light oil price trading back over $80 on Iran, markets

US Light oil price is trading above $80 in Asia on Monday as stock markets climb and a statment from Iran's Islamic Revolutionary Guard Corps had a positive effect on ...

Brent oil price trading back over $78 on higher markets

ICE Brent oil price rose in early trading on Monday above $78 a barrel in Asia as crude oil traders followed regional Asian stock markets higher. On the ICE Futures ...

OPEC members oil output in Feb 2010 hits 14 month high

OPEC oil output has hit a 14 month high in February 2010 led by OPEC member countries Angola and Saudi Arabia, a Reuters survey showed on Friday, further reducing compliance ...

IEA holds Oil Price Formation Workshop in Tokyo, Japan

The IEA yesterday held an "Oil Price Formation Workshop" in Tokyo with the Institute of Energy Economics Japan, including over 80 participants from the oil industry, financial institutions, regulators and ...

Oil prices trading back over $80 mark on higher markets

Crude oil prices rose above $80 a barrel in trading on Monday in Asia as oil traders followed regional stock markets higher.US Light crude oil futures for April delivery was ...

Oil Prices