Daily oil market report from ODL Markets

Published on February 23, 2010 by   ·   No Comments

Oil’s two week rally consolidated in and around the $80 level as we now await to see if the run will continue, or will profits be taken off the table?

The Dollar has retreated, thus helping keep the oil price up, so the next big hurdle is tomorrows weekly oil inventory release and Bernanke’s two day testimony which starts tomorrow.

23022010

CommodityLevelChange
ICE BRENT CRUDE – MAR 10$77.99-$0.62
ICE WTI – MAR 10$79.65-$0.66
GASOIL – MAR 10$636.50-$0.50

Tags:  , , , , ,

Readers Comments (0)




Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

*

Oil Prices