Excerpt from:  GFT Analysts in the News
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May 14, 2008

Oil Prices Drop in Commodities Trading

Oil futures trading
oil prices, commodities trading, oil futures, futures trading, spread bets oil prices, spread betting commodites, US stockpiles oil
Even though oil prices are still high, they are dropping a bit in commodities trading right now. A report on US stockpiles of oil should show a gain in supply, and that is holding oil futures a little lower in futures trading.

However, as developing nations increase their demand for oil, it is likely that oil prices will start rising again. The US can't remain the only major indicator of oil futures for much longer.

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Topic Tags:  commodities trading, futures trading, oil futures, oil prices, spread bets oil prices, spread betting commodites, US stockpiles oil

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