226645 Resource 133514 120646 120646 1234976674435 1234976674435 Controlled Oil Prices Stabilise

Oil futures back around $35 a barrel

<font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">Right now, <span style="font-weight: bold;">oil prices are back around $35 a barrel</span>. Economic news has made it difficult for oil to stabilise, much less start making ground in commodities trading.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">However, <span style="font-weight: bold;">oil prices</span> are far from out of the woods. It is expected that the <a href="http://www.marketwatch.com/news/story/story.aspx?guid={13FD0F2B-5390-4D08-9BA4-C92041F721C7}&siteid=rss" target="_blank" title="oil prices, U.S. stock market, spread bets, CFDs, spread betting, contracts for differences, oil futures, futures trading, spread bets oil, commodities">U.S. stock market will actually play a large roll in oil's recovery</a>, reports MarketWatch:</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /></font><div style="margin-left: 40px; font-family: verdana,arial,helvetica,sans-serif;"><font size="2">&quot;The <span style="font-weight: bold;">U.S. stock market</span> will be key to watch, as equities are precariously poised at current levels,&quot; said Edward Meir, an analyst at MF Global. &quot;Should we test the November intraday lows, and fail to bounce off it, we could see another leg lower in both stock and commodity markets.&quot;<br /><br /></font></div><font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">Indeed, the <a href="item/226644" target="_blank" title="oil prices, U.S. stock market, spread bets, CFDs, spread betting, contracts for differences, oil futures, futures trading, spread bets oil, commodities">U.S. stock market </a>is likely to serve as a barometer, measuring sentiment toward <span style="font-weight: bold;">economic stimulus</span>, and whether recent measures taken by the government are working.<br /><br /></span></font> 9 application/xml false captyx-hook._bottom:sociofluid CFDs commodities contracts for differences futures trading oil futures oil prices spread bets spread bets oil spread betting U.S. stock market Futures trading with GFT http://www.gftfutures.com Spread betting on commodities http://www.gftuk.com/land/index.asp?aid=53 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.6) Gecko/2009011912 Firefox/3.0.6 127.0.0.1 127.0.0.1 mmarquit 66.182.66.2 false true false false true 133514 blog blogsite/GFTUK/web