Oil fell again for the fifth straight session, the longest losing streak in five months. All attention will now turn to the weekly oil inventory release, scheduled for 1530 this afternoon. Analysts polled by Platts expect a 600,000 build in crude stocks , whilst a Dow Jones Newswires poll expect an increase of 800,000

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Crude Oil

COMMODITYLEVELCHANGE
ICE BRENT CRUDE - JAN 10$75.88+$0.72
ICE WTI - JAN 10$73.38+$0.79
GASOIL - JAN 10$617.50+$3


Market News

  - Saudi oil minister sees 2010 increase in gas reserves

Major Economic News

TIMEMARKET DATA
1530Weekly Oil Inventories