March 2010 Archive

Daily oil trading report from ODL Markets

Ahead of today’s weekly inventories, traders appear to have taken some of the recent profits off the table, albeit we remain above the $80 mark.A spate of violent outbreaks in ...

Brent oil price trading lower, has support around $80 mark

Brent crude oil futures are trading lower in Asia on Wednesday with support around the $80 mark, prices were $79.93 a barrel on the London based ICE Futures Exchange this ...

Oil trading steady, analysts say expect higher prices

Oil prices ended Tuesday's trading session down, but still well above the $80 mark as a stronger US dollar and higher stock markets kept oil firm.What analysts are currently predicting ...

Light oil price trading lower on a stronger US dollar

The US Light oil price declined nearly $2 a barrel in overnight trading on Tuesday as a stronger US dollar against the euro weighed on commodities including oil prices.The ...

Oil Prices