March 2010 Archive

Strong dollar impedes crudes progress – Weekly recap

The rise in the dollar pushed crude oil longs out of the market at the end of the week reinforcing the strength of the resistance level in crude oil near ...

Oil prices trading down two percent on stronger US dollar

Crude oil prices dropped over two percent in afternoon trading on Friday, tumbling close to $80 a barrel as continued uncertainty about Greece's economy helped lift the US dollar higher.Light ...

Brent oil price hovers at $81, investors stay cautious

ICE Brent crude oil price is hovering around the $81 mark in light trading on Friday as investors stay cautious, waiting for global oil demand recovery to take place. Brent ...

Oil trading lower amid Greece debt concerns, stronger dollar

Oil prices fell slightly in trading on Friday, extending the previous day's losses, as the US dollar strengthened against the euro amid worries over Greece's debt concerns.US Light crude oil ...

Oil Prices