Daily crude oil trading report from ODL Markets

Published on March 18, 2010 by oilprices · No Comments

Following the recent two-day rally, oil pulled back a little due to some dollar strength and the lack of any real action from the OPEC meeting in Vienna.

OPEC members agreed to maintain the existing cuts of 4.2mn barrels per day. The weekly inventories also showed that there was a build of 1 mn barrels, less than analysts had expected.

18032010oilprice

Commodity	Level	Change
ICE BRENT CRUDE - MAY 10	$81.38	-$0.57
ICE WTI - APR 10	$82.41	-$0.53
GASOIL - APR 10	$675.75	+$0.25

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

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