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Excerpt from:  CFDs & Spread Bets
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July 28, 2010

Oil Prices Lower in Commodities Trading

Spread bets and CFDs on oil prices

Spread betting and contracts for differences on commodities trading should consider that oil prices are lower today. Oil prices have edged lower as news continues to put pressure on commodities.

Crude oil inventories showed an increase last week, indicating that demand for oil is still sluggish. Additionally, it is not helping that durable good orders have come in, and they are disappointing. As a result the U.S. stock market is turning lower.

Gold prices are also struggling today, looking for direction as they slip into the red.

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Topic Tags:  CFDs, commodities, contracts for differences, gold prices, oil prices, spread bets, spread betting, stocks
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