All Posts Tagged With: "New York Mercantile Exchange"
Speculators Are Bleeding You Dry
Once they started going long on oil it was fairly easy to perpetuate the run… all they have to do is buy at the ask price and oil just keeps going up and up.
Gas Prices Roar to a New Record for the 22nd Straight Day
Back when it was Esso, the Exxon Mobil Corp. (XOM) predecessor urged motorists to “put a tiger in your tank.” These days, consumers probably feel more like they’ve got a tiger by the tail. And they should, for their family budget is certainly getting mauled.
Oil Falls after Bernanke Warns of Recession
Crude oil prices have fallen following Bernanke’s utterance of the ‘R’ word at yesterday’s congressional hearing.
Concern that crude and fuel stockpiles are higher than average also weighed on crude prices. US gasoline stockpiles are above their five-year seasonal average.
Crude oil for May delivery fell by as much as $1.28 to $103.55 a barrel on the New York Mercantile Exchange in electronic trade. Yesterday crude oil jumped nearly $4 a barrel.
Gold Takes a Tumble on Stronger Dollar
Gold futures have shed over 4% so far today in what MarkeWatch is calling “a broad-based commodities sell-off.”
According to the site, “gold for June delivery tumbled $41.80, or 4.5%, to $879.70 an ounce on the New York Mercantile Exchange. Other metals futures were also sharply lower, with platinum selling off 7%.”
Latest News
- Base Metals Savaged1:58pm CDT
- Crude Still Slipping1:55pm CDT
- Dollar Flat Amid Dreadful Data1:52pm CDT
- Gold Edges Up, but Silver Hammered Again1:47pm CDT
- Brazilian Oil Takes Another Step Closer to Nationalization3:32pm CDT
- Resource Stock Roundup Friday, September 5th, 200812:01pm CDT
- Base Metals Treading Water11:53am CDT
- Crude Slips Further, $106 Seen as Support Level11:50am CDT
- Dollar Continues to Squash Euro11:47am CDT
- No Relief in Sight for Gold and Silver11:43am CDT
- Global Investing Roundups Friday, September 5th, 20089:39am CDT
- Weak Labor Market and Slowing Retail Sales Put U.S. Stocks in a Tailspin9:18am CDT
- Protest at Tata Plant Evidence of Indian Identity Crisis9:04am CDT
- Tap Into Korea’s Profit Potential with MSCI Korea Fund (EWY)8:02am CDT
- Follow PIMCO into Fannie and Freddie Bonds6:05am CDT
- Why You Should Buy Puts on the Weakest S&P 100 Players Now5:37am CDT
- Dollar Rally Means Mining Stocks On Sale5:11am CDT
- And Then There’s This… Thursday, September 4th, 200811:31am CDT
- Resource Stock Roundup Thursday, September 4th, 200811:26am CDT