Daily oil trading report from ODL Markets

Oil pulled back from the $80 levels as traders mulled over mixed signals over the strength of the US economy.

Yesterdays manufacturing numbers showed output rose for a seventh straight month, albeit it fell short of expectations. Strength of the US Dollar also meant that oil struggled to surge past the psychological $80 level.

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Commodity Level Change
ICE BRENT CRUDE – MAR 10 $76.98 +$0.10
ICE WTI – MAR 10 $78.73 +$0.02
GASOIL – MAR 10 $628.50 -$5.00
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Daily oil trading report from ODL Markets

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