Daily crude oil trading report from ODL Markets

Published on March 22, 2010 by   ·   No Comments

Friday saw crude oil futures suffer their biggest daily drop in 6 weeks, as it once again struggled to break through the $83 level.

Traders sold commodities as concerns persisted about the strength of the Eurozone economies, and warnings from Fitch about the parlous state of the US and UK credit ratings. A stronger Dollar also helped push prices south.

22032010oilprice

CommodityLevelChange
ICE BRENT CRUDE - MAY 10$79.41-$0.46
ICE WTI - APR 10$80.41-$0.56
GASOIL - APR 10$660.50+$1.75

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