Oil prices trading near 2010 highs as OPEC holds output

Oil prices are trading nearer to their 2010 highs as OPEC agrees to keep to its existing oil output quota unchanged, which was widely expected.US Light crude oil futures is ...

Daily crude oil trading report from ODL Markets

A big day for oil as we have a raft of data that may affect future movements. Looking at the wider economic environment, today’s PPI numbers will give us ...

Oil prices above $82 as traders look to US supplies, OPEC

US Light oil prices rose above $82 a barrel in trading on Wednesday after a report showed US crude oil inventories grew less than expected last week. US Light crude ...

Oil prices targeting $85 mark as OPEC meets, dollar falls

Oil prices are trading higher in Asia on Wednesday as the US dollar lost ground, while in Austria, OPEC members meet to decide on oil output quotas, which are expected ...

Brent oil price trading near $81 on weaker US dollar

ICE Brent oil price is trading over two percent higher, near $81 a barrel on Wednesday as a weaker US dollar fell against the euro, sterling and other currencies (Dollar ...

OPEC likely to keep oil output levels unchanged for now

OPEC member countries will probably decide to keep oil output levels unchanged when members officially meet today in Vienna, according to news reports citing oil ministers from Qatar and Saudi ...