Spread Bets on Oil Prices

206932 Resource 133514 120646 120646 1213710435898 1213710435898 Controlled Oil Prices Fall Back in Commodities Trading

Oil futures still have a solid uptrend

Oil prices have fallen back a bit in commodities trading, after nearly hitting $140 per barrel yesterday. However, even with the easing, oil futures are still showing a great deal of strength. <a href="http://www.oilweek.com/news.asp?ID=16723" target="_blank" title="oil prices, commodities trading, oil futures, spread bets oil prices, spread betting commodities, $140 a barrel" style="font-family: verdana,arial,helvetica,sans-serif;">Indeed, reports Oilweek, large price swings are hardly uncommon in the present climate</a>: <div style="margin-left: 40px; font-style: italic; font-family: verdana,arial,helvetica,sans-serif;"> "Price swing of $5 per barrel isn´t unusual anymore. The issue really is global oil demand is growing at a reasonable pace and supply is still playing a catch-up game," said Victor Shum, an energy analyst with Purvin & Gertz in Singapore. "Further into summer, there are still opportunities for further price spike. The overall uptrend in oil pricing remains intact."</div> 9 application/xml false $140 a barrel commodities commodities trading futures trading oil futures oil prices spread bets oil prices spread betting commodities Spread Bets on Oil Prices Spread betting on commodities http://www.gftuk.com/land/index.asp?aid=53 Oil Futures Trading Futures trading with commodities and more http://www.gftfutures.com Mozilla/5.0 (Macintosh; U; Intel Mac OS X; en-US; rv:1.8.1.14) Gecko/20080404 Firefox/2.0.0.14 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 133514 blog blogsite/GFTUK/web