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oil prices, oil trading
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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 euro fell against the US dollar in European deals on Tuesday as investors looked for fresh details on Greece’s plans to resolve the nation’s debt [...]
The NYMEX Light oil price dropped to near $81 a barrel in trading on Tuesday in Asia, losing a little momentum although the market is seeing alot of activity and many analysts see prices going higher.
US Light crude oil futures for April delivery was down 68 cents to $81.19 a barrel at late afternoon Singapore [...]
US Light oil prices end this week’s trading well up and over the $80a barrel range as Light crude oil futures for April delivery rose $1.29 to settle at $81.50 a barrel on the NYMEX.
Investors see a link between the US unemployment report, which showed the jobless rate holding steady at 9.7 percent, and higher [...]
Light oil futures are trading higher in Asia on Friday after China signaled it would maintain its economic stimulus, rekindling hopes for accelerating growth to drain excess oil supplies. China’s Premier Wen Jiabao, in his annual address to the National People’s Congress, said China will continue an appropriately easy monetary stance and an active fiscal [...]
Light oil price is back above the $80 mark in trading on Tuesday amid seasonal buying activity and a weaker US dollar. Oil analyst and trader Stephen Schork said investors like to buy oil at this time of the year, expecting gasoline prices to move higher.
US Light crude oil futures for April delivery rose $1.16 [...]
US Light oil price is trading above $80 in Asia on Monday as stock markets climb and a statment from Iran’s Islamic Revolutionary Guard Corps had a positive effect on oil prices.
On the NYMEX, Light crude oil futures for delivery in April traded at $80.14 a barrel at 0635 GMT, up 48 cents in [...]
US Light oil prices rose in trading on Friday as the US dollar slipped against the euro, bolstering the appeal of commodities buying including crude oil and gold.
US Light crude oil futures for April delivery was up 16 cents to $79.06 a barrel in electronic trading on the NYMEX, while in London, Brent crude oil [...]
US Light oil prices fell over two percent on Thursday and are currently trading just above the $78 mark after a disappointing US jobless claims report and as the dollar strengthened against the euro and other currencies. The number of workers filing for jobless benefits in the US rose last week.
On the NYMEX at 9:54 [...]
US Light oil prices are trading around the $80 mark on Tuesday in Asia as investors mulled whether sluggish US crude oil demand justified the oil price rally over the last few weeks.
Benchmark US Light crude oil futures for April delivery was down 34 cents to $79.97 a barrel at midday Singapore time in electronic [...]
US Light oil futures rose to a 6 week high above $80 a barrel in trading on Monday, as speculation over a quick bailout for debt laden Greece helped pushed the US dollar lower.
US Light crude oil futures for March delivery rose 57 cents to $80.38 a barrel after having struck $80.47 on the NYMEX.
Concerns [...]
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