Matthew Buckland Oil Quotations

Yesterday's better than expected U.S. housing data combined with resurgent oil prices looks set to leave equities under a degree of pressure.

We're looking at a somewhat flat start to the week. Oil prices look set to play a key role in directing equities.

Softer oil prices may lend some support across the board.

Today's market may well face a struggle for direction. Uncertainty over oil prices and the future direction for U.S. interest rates has made it a somewhat choppy week.

Falling oil prices look set to weigh on the petrochemicals sector.

Equity markets finished last week on an upbeat footing but the resurgent price of oil and the fact some Asian markets have been closed for the week's opening session to mark the Chinese New Year may make further direction difficult to find in the short term.

The resurgent price of oil may make further direction difficult to find in the short term.

Oil prices creeping back towards the key $60 mark may well provide some support for the petrochemicals sector.