Light oil price trading back over $80 on buying activity

Light oil price is back above the $80 mark in trading on Tuesday amid seasonal buying activity and a weaker US dollar. Oil analyst and trader Stephen Schork said investors ...

Daily oil trading report from ODL Markets

Oil pulled back from the $80 levels as traders mulled over mixed signals over the strength of the US economy.Yesterdays manufacturing numbers showed output rose for a seventh straight month, ...

Brent oil price hovers under $77 on higher dollar, markets

Brent oil prices are hovering under the $77 mark in trading on Tuesday as a higher US dollar and optimism in global markets pushed stocks higher. Brent crude oil futures ...

Oil prices trading steady as US dollar makes gains

Oil prices are trading steady on Tuesday in Asia as the US dollar made some gains amid European sovereign risk worries and the latest forecasts for rising US crude oil ...

Top Libya official says OPEC to keep oil output unchanged

OPEC member countries are likely to leave oil output targets unchanged when OPEC meets later in March 2010, Libya's top oil official Shokri Ghanem, the chairman of Libya's National Oil ...