Oil Trading News
Crude Oil Expected to Hit $76 a Barrel
Submitted 3 hours, 0 minutes ago. by ForexYard
2010-02-09: Crude Oil Expected to Hit $76 a BarrelThe price of spot Crude Oil has apparently begun to mirror the consolidation movement of the US Dollar since Friday. The price of this commodity has begun to sit steadily near $71.50 and a number of analysts are calling for an upward price target near $76 in [...]
OPEC Welcomes US Bid To Cap Oil Speculation
Submitted 18 hours, 31 minutes ago. by admin
It will be 50 years in September since the Organization of Petroleum Exporting Countries was created in Baghdad with five founding member countries.
The intervening years have seen it grow to 12 members and evolve from the sharply politicized organization of the 1970s to a broadly economic one in more recent years. The majority of the [...]
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