March 2010 Archive

Crude oil prices near 2010 trading highs, where next?

Crude oil prices have rallied to within sight of 2010 trading highs this week, whilst the US dollar remains strong, where next for oil prices?The contrast between the US Light ...

Daily oil trading report from ODL Markets

Oil continued to trade above $80 following yesterday’s weekly inventories. Data showed that crude inventories grew, but analysts are now concerned that as the economic stimulus plans expire, we ...

Oil prices unchanged amid global recovery concerns

ICE and NYMEX crude oil prices are trading steady on Thursday amid growing questions and economic concerns over the 2010 global recovery.Crude oil futures have traded between $69 and ...

IEA’s Tanaka says monthly oil forecast little changed

The IEA's global oil demand forecast will likely be little changed this month, as economic uncertainty in developed nations overshadows emerging market growth, Executive Director Nobuo Tanaka said.The IEA, which ...

Brent oil price steady amid UK, EU economic concerns

Brent oil prices are trading a steady path around the $80 mark on Thursday amid growing concerns regarding the UK and EU economic recovery plans for 2010."We have actually become ...

OPEC says 2010 world oil demand projected higher

World oil demand is projected to grow higher by 900,000 barrels per day in 2010, OPEC said on Wednesday, and supply is expected to increase along with the rise in ...

Oil Prices