Daily crude oil trading report from ODL Markets

Published on March 15, 2010 by oilprices · No Comments

This week, oil prices may well be dominated by headlines coming out of Vienna, where OPEC ministers are scheduled to meet on Wednesday.

The Iranian oil minister stated that he felt OPEC nations should not change their output targets. In terms of today, quotes coming from Chinese Prime Minister Wen Jiaboa that he doesn’t feel that the Chinese Yuan is overvalued and China may experience a “double dip” recession have pushed oil lower.

15032010oilprice

Commodity	Level	Change
ICE BRENT CRUDE - APR 10	$78.72	-$0.66
ICE WTI - APR 10	$80.66	-$0.55
GASOIL – MAR 10	$661.50	-$4.00

Tags: crude, daily, markets, odl, oil, report, trading

Readers Comments (0)