http://www.liveoilprices.co.uk/oil oil prices, oil trading Wed, 10 Mar 2010 11:03:15 +0000 http://backend.userland.com/rss092 en Ahead of today’s weekly inventories, traders appear to have taken some of the recent profits off the table, albeit we remain above the $80 mark.A spate of violent outbreaks in Nigeria has helped to increase concerns about supply from the African nation, but despite demand remaining sluggish, oil has rallied ...http://www.liveoilprices.co.uk/oil/oil-trading-tips/03/2010/daily-oil-trading-report-from-odl-markets-13.html Brent crude oil futures are trading lower in Asia on Wednesday with support around the $80 mark, prices were $79.93 a barrel on the London based ICE Futures Exchange this morning. Yesterday Brent crude dropped 0.7 percent, to settle at $79.91 a barrel.“Growth of oil demand from developing countries should ...http://www.liveoilprices.co.uk/oil/brent_oil_prices/03/2010/brent-oil-price-trading-lower-has-support-around-80-mark.html Oil prices ended Tuesday's trading session down, but still well above the $80 mark as a stronger US dollar and higher stock markets kept oil firm.What analysts are currently predicting about oil pricesDespite Tuesday's decline, many analysts expect crude oil prices to continue moving higher in the months ahead as ...http://www.liveoilprices.co.uk/oil/oil_prices/03/2010/oil-trading-steady-analysts-say-expect-higher-prices.html 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 ...http://www.liveoilprices.co.uk/oil/light_oil_prices/03/2010/light-oil-price-trading-lower-on-a-stronger-us-dollar.html Oil trading has outpaced US equities since the March 2009 stock market lows, and while crude oil and stocks have tracked each other more closely in 2010, energy is still leading the way.While the S&P 500 has risen 68 percent since the March bottom, oil futures are up nearly 75 ...http://www.liveoilprices.co.uk/oil/oil_trading/03/2010/oil-trading-outppaced-us-stock-market-since-2009-lows.html 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 ...http://www.liveoilprices.co.uk/oil/light_oil_prices/03/2010/light-oil-price-near-81-in-busy-market-trading.html The price of oil stayed above the $80 level as data showed that net long positions are at their highest levels since January.The catalysts for the moves up are a weaker dollar, political unrest in Nigeria, and Chinese intention to build up oil reserves. No that oil has traded ...http://www.liveoilprices.co.uk/oil/oil-trading-tips/03/2010/daily-oil-trading-report-from-odl-markets-12.html Oil prices have been "buoyed by continued positive macroeconomic data flow and a gradual tightening of oil market balances," Barclays Capital said in a report. "The dominant range is moving upward, and a rough $70 to $80 range will ultimately transition to a $80 to $90 range."US Light crude oil ...http://www.liveoilprices.co.uk/oil/oil_prices/03/2010/oil-prices-trading-steady-next-moves-higher-to-90.html Crude oil prices edged up by the middle of Monday's trading session when Mohammad Ali Khatibi, one of the OPEC governors said $100 per barrel would be preferable.By 16:30 Moscow time, the price of Light crude oil futures on the NYMEX had risen 1.1 percent, reaching $82.41 per barrel, while ...http://www.liveoilprices.co.uk/oil/opec_members/03/2010/irans-khatibi-says-100-crude-oil-price-is-good-price.html The lower US Dollar helped push the price of oil higher, and Fridays better than expected non-farms increased confidence that the global economic recovery is in full swing.Having traded over $82, we are at two month highs, so the next significant landmark is $84, sixteen month highs. Positive signs ...http://www.liveoilprices.co.uk/oil/oil-trading-tips/03/2010/daily-oil-trading-report-from-odl-markets-11.html ICE Brent oil price rose above $80 a barrel in trading on Monday in Asia, extending gains from Friday amid a weaker US dollar and signs the global economy may be improving. In London, Brent crude oil futures are up 48 cents at $80.37 on the ICE Futures Exchange.The US ...http://www.liveoilprices.co.uk/oil/brent_oil_prices/03/2010/brent-oil-price-trading-above-80-on-weaker-us-dollar.html Crude oil prices climbed above $82 per barrel in electronic trading Monday afternoon in Asia, extending last week's strength on an improving outlook for global demand.Crude for April delivery climbed as high as $82.08 a barrel on Globex before edging back a bit to $81.94, still up 44 cents. "Like ...http://www.liveoilprices.co.uk/oil/oil_prices/03/2010/oil-prices-extend-gains-in-trading-on-global-demand.html The Oil markets had a substantial rally this week as market participants began to refocus on the global growth story. The combination of solid economic data points out of the US, UK, Canada and Australia, pushed WTI crude oil to the high end of the current $70-$84 dollar range. ...http://www.liveoilprices.co.uk/oil/the-weekly-wrap/03/2010/growth-story-pushes-oil-higher-for-the-week.html