{"id":12807,"date":"2010-12-20T08:46:21","date_gmt":"2010-12-20T07:46:21","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/12807\/brent-oil-price-flat-near-92-in-light-holiday-trading\/"},"modified":"2010-12-20T08:46:21","modified_gmt":"2010-12-20T07:46:21","slug":"brent-oil-price-flat-near-92-in-light-holiday-trading","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/12807\/brent-oil-price-flat-near-92-in-light-holiday-trading\/","title":{"rendered":"Brent oil price flat near $92 in light holiday trading"},"content":{"rendered":"<p><p>Brent oil prices are trading flat near $92 a barrel early on Monday as this week&#8217;s trading session kicks off with thin volumes expected as the 2010 holiday season approaches.<\/p>\n<p><strong>Latest Brent Oil Price<\/strong><\/p>\n<p>In London, Brent crude oil futures for February 2010 delivery was trading at $91.87, 07.30 GMT this morning on the ICE Futures Exchange.<\/p>\n<p><strong>Traders Taking Early End to 2010<\/strong><\/p>\n<p>Many oil traders are taking the next two weeks off amid the year end holidays. Global crude oil markets are closed Friday for Christmas.<\/p>\n<p>Meanwhile, analysts are still mulling whether this year&#8217;s strong global oil demand can carry over into 2011.<\/p>\n<p>Emerging markets, led by China, have accounted for most of the growth in oil consumption this year as Europe slowly recovers from recession. Analysts also attributed oil\u2019s climb on speculation the US economic recovery will strengthen in 2011 and boost crude oil demand.<\/p>\n<p>&#8220;The positive demand shock has continued relentlessly. Oil prices will likely rise given the strength in underlying fundamentals and with macroeconomic sentiment continuing to improve.&#8221; Barclays Capital said in a report.<\/p>\n<div>\n<div><a href=\"http:\/\/digg.com\/submit?url=http2F2Foil2F122Fbrent-oil-price-flat-near-92-in-light-holiday-trading.html&title=Brent+oil+price+flat+near+%2492+in+light+holiday+trading\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"http:\/\/www.liveoilprices.co.uk\/oil\/wp-content\/plugins\/light-social\/digg.png\" alt=\"Digg This\" title=\"Digg This\" \/><\/a><\/div>\n<div><a href=\"http:\/\/www.reddit.com\/submit?url=http2F2Foil2F122Fbrent-oil-price-flat-near-92-in-light-holiday-trading.html&title=Brent+oil+price+flat+near+%2492+in+light+holiday+trading\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"http:\/\/www.liveoilprices.co.uk\/oil\/wp-content\/plugins\/light-social\/reddit.png\" alt=\"Reddit This\" title=\"Reddit This\" \/><\/a><\/div>\n<div><a 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src=\"http:\/\/www.liveoilprices.co.uk\/oil\/wp-content\/plugins\/light-social\/twitter.png\" alt=\"Post on Twitter\" title=\"Post on Twitter\" \/><\/a><\/div>\n<div><a href=\"http:\/\/www.google.com\/reader\/link?url=http2F2Foil2F122Fbrent-oil-price-flat-near-92-in-light-holiday-trading.html&title=Brent+oil+price+flat+near+%2492+in+light+holiday+trading\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"http:\/\/www.liveoilprices.co.uk\/oil\/wp-content\/plugins\/light-social\/google_buzz.png\" alt=\"Google Buzz (aka. Google Reader)\" title=\"Google Buzz (aka. Google Reader)\" \/><\/a><\/div>\n<\/div>\n<ul>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/12\/2010\/brent-oil-trading-near-91-gains-on-chinese-economy.html\" title=\"Brent oil trading near $91, gains on Chinese economy\">Brent oil trading near $91, gains on Chinese economy<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/12\/2010\/brent-oil-trading-near-86-as-ice-dollar-index-peaks.html\" title=\"Brent oil trading near $86 as ICE Dollar Index peaks\">Brent oil trading near $86 as ICE Dollar Index peaks<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/08\/2010\/brent-oil-trading-at-77-as-global-economic-worries-bite.html\" title=\"Brent oil trading at $77 as global economic worries bite\">Brent oil trading at $77 as global economic worries bite<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/12\/2010\/brent-oil-price-dips-to-90-as-us-dollar-strengthens.html\" title=\"Brent oil price dips to $90 as US dollar strengthens\">Brent oil price dips to $90 as US dollar strengthens<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/12\/2010\/brent-oil-trading-at-91-euro-debt-issues-continue.html\" title=\"Brent oil trading at $91, Euro debt issues continue\">Brent oil trading at $91, Euro debt issues continue<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/12\/2010\/brent-oil-trading-near-91-amid-firm-ice-dollar-index.html\" title=\"Brent oil trading near $91 amid firm ICE Dollar Index\">Brent oil trading near $91 amid firm ICE Dollar Index<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/12\/2010\/brent-oil-price-rockets-to-89-on-higher-stock-markets.html\" title=\"Brent oil price rockets to $89 on higher stock markets\">Brent oil price rockets to $89 on higher stock markets<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/11\/2010\/brent-oil-price-hits-87-mark-amid-stronger-us-dollar.html\" title=\"Brent oil price hits $87 mark amid stronger US dollar\">Brent oil price hits $87 mark amid stronger US dollar<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/11\/2010\/brent-oil-trading-firm-over-83-euro-debt-concerns-persist.html\" title=\"Brent oil trading firm over $83, Euro debt concerns persist\">Brent oil trading firm over $83, Euro debt concerns persist<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/11\/2010\/brent-oil-trading-over-85-as-eu-imf-agree-irish-bailout.html\" title=\"Brent oil trading over $85 as EU, IMF agree Irish bailout\">Brent oil trading over $85 as EU, IMF agree Irish bailout<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/11\/2010\/brent-oil-price-trading-firm-over-85-on-weaker-us-dollar.html\" title=\"Brent oil price trading firm over $85 on weaker US dollar\">Brent oil price trading firm over $85 on weaker US dollar<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/11\/2010\/brent-oil-price-firm-over-84-as-ice-dollar-index-falls.html\" title=\"Brent oil price firm over $84 as ICE Dollar Index falls\">Brent oil price firm over $84 as ICE Dollar Index falls<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/11\/2010\/brent-oil-trading-at-88-could-test-90-this-week.html\" title=\"Brent oil trading at $88, could test $90 this week\">Brent oil trading at $88, could test $90 this week<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/11\/2010\/brent-oil-price-finishes-week-six-percent-higher-over-88.html\" title=\"Brent oil price finishes week six percent higher, over $88\">Brent oil price finishes week six percent higher, over $88<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/11\/2010\/brent-oil-trading-over-88-ice-dollar-index-at-2010-lows.html\" title=\"Brent oil trading over $88, ICE Dollar Index at 2010 lows\">Brent oil trading over $88, ICE Dollar Index at 2010 lows<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/11\/2010\/brent-oil-price-trading-over-87-nearing-2010-highs.html\" title=\"Brent oil price trading over $87, nearing 2010 highs\">Brent oil price trading over $87, nearing 2010 highs<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/11\/2010\/brent-oil-trading-over-85-us-fed-dollar-price-drivers.html\" title=\"Brent oil trading over $85, US Fed & dollar price drivers\">Brent oil trading over $85, US Fed & dollar price drivers<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/10\/2010\/brent-oil-trading-near-83-awaits-next-us-fed-moves.html\" title=\"Brent oil trading near $83, awaits next US Fed moves\">Brent oil trading near $83, awaits next US Fed moves<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/10\/2010\/brent-oil-price-trading-near-83-on-weaker-asia-markets.html\" title=\"Brent oil price trading near $83 on weaker Asia markets\">Brent oil price trading near $83 on weaker Asia markets<\/a><\/li>\n<li><a href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/09\/2010\/brent-oil-trading-firm-at-78-as-ice-dollar-index-falls.html\" title=\"Brent oil trading firm at $78 as ICE Dollar Index falls\">Brent oil trading firm at $78 as ICE Dollar Index falls<\/a><\/li>\n<\/ul>\n<p>More:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.liveoilprices.co.uk\/oil\/oil_prices\/12\/2010\/brent-oil-price-flat-near-92-in-light-holiday-trading.html\" title=\"Brent oil price flat near $92 in light holiday trading\">Brent oil price flat near $92 in light holiday trading<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Brent oil prices are trading flat near $92 a barrel early on Monday as this week&#8217;s trading session kicks off with thin volumes expected as the 2010 holiday season approaches. Latest Brent Oil Price In London, Brent crude oil futures for February 2010 delivery was trading at $91.87, 07.30 GMT this morning on the ICE Futures Exchange. Traders Taking Early End to 2010 Many oil traders are taking the next two weeks off amid the year end holidays. Global crude oil markets are closed Friday for Christmas. Meanwhile, analysts are still mulling whether this year&#8217;s strong global oil demand can carry over into 2011. Emerging markets, led by China, have accounted for most of the growth in oil consumption this year as Europe slowly recovers from recession. Analysts also attributed oil\u2019s climb on speculation the US economic recovery will strengthen in 2011 and boost crude oil demand. &#8220;The positive demand shock has continued relentlessly. Oil prices will likely rise given the strength in underlying fundamentals and with macroeconomic sentiment continuing to improve.&#8221; Barclays Capital said in a report. Brent oil trading near $91, gains on Chinese economy Brent oil trading near $86 as ICE Dollar Index peaks Brent oil trading at $77 as global economic worries bite Brent oil price dips to $90 as US dollar strengthens Brent oil trading at $91, Euro debt issues continue Brent oil trading near $91 amid firm ICE Dollar Index Brent oil price rockets to $89 on higher stock markets Brent oil price hits $87 mark amid stronger US dollar Brent oil trading firm over $83, Euro debt concerns persist Brent oil trading over $85 as EU, IMF agree Irish bailout Brent oil price trading firm over $85 on weaker US dollar Brent oil price firm over $84 as ICE Dollar Index falls Brent oil trading at $88, could test $90 this week Brent oil price finishes week six percent higher, over $88 Brent oil trading over $88, ICE Dollar Index at 2010 lows Brent oil price trading over $87, nearing 2010 highs Brent oil trading over $85, US Fed &#038; dollar price drivers Brent oil trading near $83, awaits next US Fed moves Brent oil price trading near $83 on weaker Asia markets Brent oil trading firm at $78 as ICE Dollar Index falls <\/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-12807","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\/12807","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=12807"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12807\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=12807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=12807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=12807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}