Daily oil trading report from ODL Markets

Published on March 4, 2010 by   ·   No Comments

Crude continues to trade above the $80 level as investors waited for a raft of economic data scheduled to be released over the next 48 hours.

Yesterdays weekly inventories showed a build of 4.1mn barrels, well above the anticipated 1.1mn barrels. Despite this build, a weakening Dollar helped keep the price buoyant.

04032010

CommodityLevelChange
ICE BRENT CRUDE – MAR 10$78.77-$0.48
ICE WTI – MAR 10$80.47-$0.38
GASOIL – MAR 10$$

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