March 2010 Archive

Daily oil trading report from ODL Markets

Crude continues to trade above the $80 level as investors waited for a raft of economic data scheduled to be released over the next 48 hours.Yesterdays weekly inventories showed a ...

Brent oil price trading near $80 on Greece, US data

Brent oil prices are trading near the $80 mark on Thursday as Greece's latest budget balancing pledges yesterday helped restore some appetite for risk, boosting the euro against the US ...

Oil prices trading around $80 on latest US inventory data

Crude oil prices are trading up around the $80 plus mark on Thursday after a two day jump fueled by growing investor optimism that global crude oil demand is recovering.US ...

BP begins world drive to increase global oil production

BP will begin 42 new global oil production projects over the next five years as oil fields decline, the company said this week.The schemes, which are spread from Russia to ...

Head of the IEA warns of wild crude oil price swings

Countries must brace for a return to wild oil price swings as the global economy recovers, the head of the IEA has warned. "Volatility has receded compared to the roller ...

Oil Prices