Gold Eases on Dollar but Eyes Hefty on Monthly Gain
Nov 28th, 2008 | By Contrarian Profits | Category: Financial NewsGold eases in quiet trade, traders eye next week’s data… Gold set for biggest gain since 1999 on safe haven buying
Posts Tagged ‘ Oil Cartel ’
Saudi’s Fail In Bid To Slash Oil Price: Here’s Why It’s Time To Buy Oil
Jun 16th, 2008 | By Garry White | Category: Oil Investment & Alternative EnergyThe mooted plan by Saudi Arabia to hike oil production in July by 200,000 barrels is marginal. It is not going to have a significant effect on the oil price. I am also not sure if it is true, after all it was UN head honcho Ban Ki Moon who revealed the plan and not the Saudis.
Careful Timing Could Mean Big Profits From The Worlds No.1 Coal Exporter
May 29th, 2008 | By Manraaj Singh | Category: Gold MarketIf you missed out on Indonesia before… don’t fret, because if I’m right, a second bite of the cherry is about to come your way.
Indonesia to Withdraw from OPEC Due to High Oil Prices
May 28th, 2008 | By Jennifer Yousfi | Category: Oil Investment & Alternative EnergyIndonesia, the sole Asian member of the Organization of the Petroleum Exporting Countries (OPEC), will withdraw from the oil cartel at the end of this year.
OPEC: No Increase in Production
Apr 7th, 2008 | By Contrarian Profits | Category: Featured, Financial News, Oil Investment & Alternative EnergyThe oil market is supplied with enough crude.
This is the view of the group’s secretary-general, Abdullah al-Badri, expressed on Saturday during a visit to Iran.
“Oil supply to the market is enough and high oil prices are not due to a shortage of crude but rather it is because of the decrease in the dollar’s value, shortage of refinery capacity and some political tensions in the world,” said a-Badri, according to the Iranian state news agency.