Crude Oil Prices and Spread Betting

Crude oil prices are declining on the commodities market today as speculation rises that U.S. gasoline inventories are up. An easing of demand from the U.S. can help keep crude oil prices lower in commodity trading. Financial spread betting strategy could be helped by this information from Bloomberg:

``The fear factor has gone away for the time being,'' said Kevin Blemkin, a broker at MF Global Ltd. in London. ``Crude and gasoline are well supplied.''