Brent oil price nears $95, crude market looks bullish<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Brent oil prices remain firm over the $94 mark in light trading today as investors and analysts predict that the crude oil market looks bullish and prices may soon trade through $100 a barrel. Latest Brent Oil Price In London, Brent crude oil futures for February 2011 delivery was trading at $94.54, 05.44 GMT on the ICE Futures Exchange. Low trading volume on the last day before Christmas may have exaggerated gains, but few expected to see a correction as traders looked forward to a fresh infusion of institutional investment in the booming commodities sector. Oil Prices Likely to Move Higher “It’s fair to say it that oil prices are about right, but still I think that it needs to improve a little bit more. About $100 would be a fair price for the time being.” said Libya’s National Oil Corp Chairman Shokri Ghanem. “I don’t think we’ll pull back much before February. We’ll see some fund allocations next month so we should continue to see support.” said Antoine Halff of Newedge Group in New York. Brent oil prices will return to $100 for the first time in two years during 2011 amid rising global demand, according to strategists at Goldman Sachs, Morgan Stanley, JPMorgan Chase and Bank of America Merrill Lynch. Brent oil price closes over $91 mark, $100 oil for 2011? Brent oil trading near $91 amid firm ICE Dollar Index Brent oil trading firm over $93, ICE Dollar Index supports Brent oil price trading over $93, at two year highs Brent oil futures hover at $92, analysts bullish on prices Brent oil price firm over $91 ahead of OPEC meeting Brent oil price ends week near $86 amid Euro concerns Dollar Index strength may tumble oil prices in 2011 Brent oil price surges over $85 on holiday market rally Brent oil trading over $85 as EU, IMF agree Irish bailout Brent oil price nears $90, trading forecast maybe higher Brent oil price trades near $76, Dollar Index spins lower Brent oil price trading at $76 on good news from China Crude oil prices hammered lower as stock markets tumble Brent oil price gives up gains, trading back under $72 Brent oil trading higher, Gulf spill not affecting price, yet.. Brent oil price trading near $72 amid double dip concerns Oil prices end week’s trading session down eight percent Brent oil price trading higher, finds support near $72 Brent oil price trading lower, is double dip on it’s way? <\/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-12848","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\/12848","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=12848"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12848\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=12848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=12848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=12848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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