Oil Rises Above $40 on Israeli Attacks
Dec 29th, 2008 | By Contrarian Profits | Category: Financial NewsOil above $40 a barrel; geopolitical risk returns… Israeli air strikes go into third day… China to build up oil reserves while price is low
Posts Tagged ‘ London Brent Crude ’
Oil, Ignoring Record OPEC Cut, Hovers Near $40
Dec 18th, 2008 | By Contrarian Profits | Category: Financial NewsU.S. crude hovered near $40 a barrel on Thursday, around its lowest price since July 2004, amid doubts in OPEC’s ability to curb output quickly after the group announced record production cuts.
Oil Rises Above $50 Ahead of OPEC Meeting
Dec 15th, 2008 | By Contrarian Profits | Category: Financial NewsOPEC in agreement on need for deep supply cut… Saudi Arabia has cut supply by 8 percent – OPEC president… Russia offers OPEC “concrete support”
Oil Falls Towards $45, Goldman Cuts Forecast
Dec 12th, 2008 | By Contrarian Profits | Category: Financial NewsGoldman cuts 2009 oil price forecast… OPEC should make severe output cut, says president… Russia says ready to work with OPEC on output cuts
Oil Trims Gains as U.S. Inventories Rise
Dec 10th, 2008 | By Contrarian Profits | Category: Financial NewsU.S. weekly inventory report shows fuel stock rise sharply… Year-on-year rise in U.S. gasoline purchases- Mastercard… Russia says OPEC to make “significant cuts”
Oil Rises above $43, Saudi Deepens Cuts
Dec 8th, 2008 | By Contrarian Profits | Category: Financial NewsOil jumps 6 pct after fall to 4-year low last week… Saudi deepens some supply cuts ahead of OPEC meeting… Equity market bounce aids sentiment across commodities
