Six Predictions for 2009
Dec 30th, 2008 | By Andrew Gordon | Category: Financial NewsHello 2009. What do you have in store for us? Will you finally put the immense problems of the economy behind you? What surprises are you going to spring on us?
Posts Tagged ‘ Oil Exports ’
Trade Deficit Grows, Despite Record Decline in Oil Prices
Dec 12th, 2008 | By Jason Simpkins | Category: Financial NewsThe U.S. trade deficit grew in October as both the volume of oil exports and our trade deficit with China surged to a record highs. A widening deficit means the United States will not be able to rely on trade to help pull the economy out of what may be the longest recession in the post-World War II era.
Crude Closes Below $60, Mexico Hedging Like Crazy
Nov 12th, 2008 | By Doug Casey | Category: Financial NewsIn the energy market Monday, oil sank below the $60 benchmark, with crude for December delivery closing at $59.33/barrel, down $3.08. December reformulated gasoline lost 6.2 cents, to $1.3059/gallon. Early in the day, crude had fallen to $58.32, its lowest level since February, 2007, and yesterday there weren’t enough buyers to push it back over $60.
China Invests Billions In Africa And We’re Set To Book a Massive Profit
Jun 6th, 2008 | By Manraaj Singh | Category: Emerging MarketsAmerica is an albatross around the neck of a great many Asian countries. But where China throws its money – success and profits flourish. We’ve seen it in the far east – and it now looks like we’re about to see it in Africa… If you’re fast enough you can be part of the next success story.
How Arabs Will Drive the Next Great Infrastructure Boom
Jun 5th, 2008 | By Dan Denning | Category: International InvestingFor the past several years, the Pilbara Region of Western Australia has witnessed a boom like few mining districts have ever seen.
Oil Exports Down
May 29th, 2008 | By Dave Gonigam | Category: Oil Investment & Alternative EnergyCould someone notify our clueless congresscritters? Fresh data from the U.S. Department of Energy show the amount of petroleum products shipped by the world’s top oil exporters fell 2.5% last year, despite a 57% increase in prices, a trend that appears to be holding true this year as well.
Asian Exports Continue to Surge Despite U.S. Slowdown
May 21st, 2008 | By Jason Simpkins | Category: International InvestingA stalling U.S. economy has typically been a cause for a concern among Asian exporters, which have traditionally been over-reliant on the American consumer for business.