{"id":10297,"date":"2010-03-12T09:09:45","date_gmt":"2010-03-12T08:09:45","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/10297\/oil-prices-trading-steady-amid-a-weaker-us-dollar\/"},"modified":"2010-03-12T09:09:45","modified_gmt":"2010-03-12T08:09:45","slug":"oil-prices-trading-steady-amid-a-weaker-us-dollar","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/10297\/oil-prices-trading-steady-amid-a-weaker-us-dollar\/","title":{"rendered":"Oil prices trading steady amid a weaker US dollar"},"content":{"rendered":"

Oil prices were nearly unchanged in Asia trading on Friday with Light oil futures above $82 a barrel on a slightly weaker US dollar. Light crude oil futures for delivery in April traded at $82.16 a barrel at 0650 GMT, up $0.05 on the NYMEX, while in London, April Brent crude oil futures on London’s ICE Futures Exchange rose $0.02 to $80.30 a barrel. “The market would’ve taken a little bit of heart from the China oil data,” said Mark Pervan at Australia and New Zealand Banking Group. “We’re starting to see the market buying oil even in a rising-dollar market, which is pretty surprising and fairly encouraging.” The US dollar fell slightly against the euro for the second straight day Thursday in quiet trading as traders awaited the release of key US retail data that could drive markets. “A stronger retail sales report would add to the upside momentum in the dollar,” said Kathy Lien, director of currency research at Global Forex Trading. Light oil prices trading around $74, eyes on US Dollar US Light oil prices trading near $75, investors eye US dollar Light oil prices end the week well above $80 trading range Oil prices trading steady around $80, stronger US dollar Oil prices trading steady, awaits US crude inventory data Oil prices trading steady as US dollar makes gains Oil prices trading higher, maybe closing in on $80 mark Light oil price trading lower on a stronger US dollar Light oil price trading back over $80 on buying activity Brent oil price hovers under $77 on higher dollar, markets Oil prices trading down two percent on latest US jobs data Oil prices trading down two percent on stronger US dollar Light oil price trading back over $80, eyes on US dollar Brent oil trading around $77 mark, eyes on US dollar Light oil trading up on heavy buying ahead of EIA report Brent oil price hovers around $75, US dollar makes gains Oil prices trading steady on higher dollar, awaits EIA data Brent oil price trading over $75, eyes on US dollar Oil prices trading around $74 in light holiday session Oil prices & commodities trading higher, US dollar slides <\/p>\n

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\nOil prices trading steady amid a weaker US dollar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Oil prices were nearly unchanged in Asia trading on Friday with Light oil futures above $82 a barrel on a slightly weaker US dollar. Light crude oil futures for delivery in April traded at $82.16 a barrel at 0650 GMT, up $0.05 on the NYMEX, while in London, April Brent crude oil futures on London’s ICE Futures Exchange rose $0.02 to $80.30 a barrel. “The market would’ve taken a little bit of heart from the China oil data,” said Mark Pervan at Australia and New Zealand Banking Group. “We’re starting to see the market buying oil even in a rising-dollar market, which is pretty surprising and fairly encouraging.” The US dollar fell slightly against the euro for the second straight day Thursday in quiet trading as traders awaited the release of key US retail data that could drive markets. “A stronger retail sales report would add to the upside momentum in the dollar,” said Kathy Lien, director of currency research at Global Forex Trading. Light oil prices trading around $74, eyes on US Dollar US Light oil prices trading near $75, investors eye US dollar Light oil prices end the week well above $80 trading range Oil prices trading steady around $80, stronger US dollar Oil prices trading steady, awaits US crude inventory data Oil prices trading steady as US dollar makes gains Oil prices trading higher, maybe closing in on $80 mark Light oil price trading lower on a stronger US dollar Light oil price trading back over $80 on buying activity Brent oil price hovers under $77 on higher dollar, markets Oil prices trading down two percent on latest US jobs data Oil prices trading down two percent on stronger US dollar Light oil price trading back over $80, eyes on US dollar Brent oil trading around $77 mark, eyes on US dollar Light oil trading up on heavy buying ahead of EIA report Brent oil price hovers around $75, US dollar makes gains Oil prices trading steady on higher dollar, awaits EIA data Brent oil price trading over $75, eyes on US dollar Oil prices trading around $74 in light holiday session Oil prices & commodities trading higher, US dollar slides <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lightning_design_setting":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10297","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/10297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=10297"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/10297\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=10297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=10297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=10297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}