September 2010
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Latest Oil Trading Headlines

WTI oil trading back under $74, ICE Dollar Index gains

WTI oil trading back under $74, ICE Dollar Index gains thumbnail

WTI oil prices are trading back under the $74 a barrel mark early on Tuesday as the ICE Dollar Index gains ground and US stock markets close back near the 10,000 mark.
US Light crude oil futures for October 2010 delivery was trading at $73.50, 07.45 GMT on the NYMEX, a massive three percent loss over [...]


Brent oil price back near $75 as ICE Dollar Index dips

Brent oil price back near $75 as ICE Dollar Index dips thumbnail

Brent crude oil prices open Friday’s trading session higher, nearer the $75 a barrel mark as stock markets weaken and the US ICE Dollar Index dips back under 83.
In London, Brent crude oil futures for October 2010 delivery was at $74.85 a barrel, 07.45 GMT on the ICE Futures Exchange after finishing the last two [...]


WTI oil prices trading firmer on a weakening US dollar

WTI oil prices trading firmer on a weakening US dollar thumbnail

WTI oil prices open trading on Thursday a little firmer as a weakening US dollar slipped against the euro for the first time in six days giving some support to oil and other commodities including gold bullion prices.
US Light crude oil futures for October 2010 delivery was trading at $72.60 a barrel, 07.45 GMT on [...]


Brent oil trading firm after a 13 percent fall tempts buyers

Brent oil trading firm after a 13 percent fall tempts buyers thumbnail

Brent oil prices are trading higher on Wednesday after a 13 percent fall over three weeks tempts buyers amid falling stock markets in the US and Asia.
In London, Brent crude oil futures for October 2010 delivery was trading at $72.75, 07.45 GMT on the ICE Futures Exchange, up around $0.50 on yesterday’s closing price.
The price [...]


WTI oil price may drop lower to test $70 mark this week

WTI oil price may drop lower to test $70 mark this week thumbnail

WTI oil futures are trading flat on Monday and may well test the $70 mark again in the short term at least, as uncertain markets and grim oil demand weigh on the price of crude.
US Light crude oil futures for September 2010 delivery was at $73.76 a barrel, 08.15 GMT on the NYMEX, after initially [...]


Brent oil trading near $75 and prices could head lower

Brent oil trading near $75 and prices could head lower thumbnail

Brent oil futures are trading back near the $75 mark in Asia on Friday as analysts and investors predict that oil prices could head lower in the short term at least.
In London, Brent crude oil futures for September 2010 delivery was at $75.40, 07.30 GMT on the ICE Futures Exchange and has lost around eight [...]


WTI oil price nears the $76 mark, awaits US jobs data

WTI oil price nears the $76 mark, awaits US jobs data thumbnail

WTI oil prices are trading higher on Thursday near the $76 mark as many investors stay on the sidelines ahead of the release of the latest US initial jobless claims data.
US Light crude oil futures for September 2010 delivery was trading at $75.85 a barrel, 08.00 GMT on the NYMEX.
The latest US jobs figures are [...]


Brent oil trading firm at $76, Asian markets move higher

Brent oil trading firm at $76, Asian markets move higher thumbnail

Brent oil prices open Thursday’s trading session at the $76 mark as Asian stock markets traded higher, but the gains are modest, reflecting an uncertainty about the strength of world economic growth.
In London, Brent crude oil futures for September 2010 delivery was trading at $76.96 a barrel, 08.00 GMT on the ICE Futures Exchange.
Investors continue [...]


WTI oil trading above $75 amid higher US oil stocks

WTI oil trading above $75 amid higher US oil stocks thumbnail

WTI oil prices are trading slightly lower on Wednesday, but still above $75 after the latest data from Asia showed that US crude supplies grew last week, indicating demand for oil may be weakening.
US Light crude oil futures for September 2010 delivery was trading at $75.60, 07.45 GMT on the NYMEX.
“The API numbers were [...]


WTI crude oil trading higher, eyes on US data and dollar

WTI crude oil trading higher, eyes on US data and dollar thumbnail

WTI crude oil futures open higher in Asia trading today, near the $76 mark as the US dollar looses some strength and data to be released later this week may show that US manufacturing has expanded.
US Light crude oil futures for September 2010 delivery was trading at $75.80 a barrel, 08.15 GMT on the NYMEX.
US [...]


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