Daily oil trading report from ODL Markets

Published on March 5, 2010 by   ·   No Comments

Crude oil continues to trade in and above the $80 level as yesterdays initial jobless data showed claims falling in the US.

Optimists will see this as a precursor to a positive non farm payroll figure later on in the session, which will increase confidence that the global recovery ins well in swing.

05032010

CommodityLevelChange
ICE BRENT CRUDE - APR 10$78.95+$0.42
ICE WTI - APR 10$80.63+$0.45
GASOIL – MAR 10$642.25+$0.25

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