May 2010 Archive

Light oil price trading near $76 on European debt concerns

Light crude oil futures open trading on Wednesday and dipped under $76 as the oil fell for a second day on continued concerns that the European bailout is insufficient to ...

Brent oil price holds at $80 mark as euro hits new lows

Brent oil prices are finding support around the $80 mark in Asian trade on Wednesday as doubts remained over a massive eurozone bailout plan which continues to weaken the euro ...

Oil Prices