Daily oil trading report from ODL Markets

Published on March 3, 2010 by oilprices · No Comments

The oil market continues to be range bound as it trades in and around the $80 level.

API data released last night showed inventories growing more than expected last night, so all eyes move now to today’s weekly inventory numbers by the Energy Information Agency. The US Dollar may move this afternoon upon release of the ADP Employment figures.

03032010

Commodity	Level	Change
ICE BRENT CRUDE – MAR 10	$78.24	+$0.08
ICE WTI – MAR 10	$79.81	+$0.15
GASOIL – MAR 10	$637.75	-$.025

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

Readers Comments (0)