Posts Tagged ‘
Oil Market ’
Nov 20th, 2009 |
By Lord William Rees-Mogg |
Category: Featured, Financial News
The dollar nevertheless remains the world’s leading reserve currency, with the euro in second place. Investors are naturally anxious to protect themselves against markets, including currency markets, which have shown such a high degree of volatility.
The Chinese, who have the greatest number of dollars in their currency reserves, have already suffered substantial losses.
In what amounts to a crisis of the dollar, the euro is in second place as a reserve currency, but there are potential threats to the future of the euro, due to the weak productivity of the Mediterranean economies.
Tags: Carrying Costs, Currency Markets, Currency Reserves, Demise Of The Dollar, Devaluation Of The Dollar, Dollar Price, European Regions, Fleet Street, Oil Market, Place Investors, Price Of Oil, Productivity Growth, Reserve Currency, Speculators, Substantial Losses, Tangible Asset, Texas Oil, Trade Deficits, William Rees Mogg, World Stock Markets
Posted in Featured, Financial News |
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Jul 6th, 2009 |
By Jason Simpkins |
Category: Featured, Oil Investment & Alternative Energy
While the long-term outlook for oil prices remains bullish, don’t be surprised to see a near-term correction. After tumbling to a low of $33.98 a barrel on Feb. 12, crude oil more than doubled in price, soaring to $69.82 on the New York Mercantile Exchange (Nasdaq: CME) – before tumbling nearly 4% on Thursday on a worse-than-expected jobs report.
Tags: CME, DB, Emerging Markets, Global Economy, GS, IEA, IMF, Jason Simpkins, JPM, Market Sentiment, MS, Oil Market, Oil Prices, Price Rally
Posted in Featured, Oil Investment & Alternative Energy |
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May 13th, 2009 |
By Martin Hutchinson |
Category: Featured, Oil Investment & Alternative Energy
With oil finally trading back above the $50-a-barrel level, it’s time to recognize that crude prices are probably not going to remain low for very long, and may end up fluctuating in the $50-$80 range – regardless of what happens to the prices of other commodities.
Tags: BP, Canadian Oil, CNQ, Crude Prices, ECA, IMO, Martin Hutchinson, Nationalization, NXY, Oil Investments, Oil Market, Oil Sector, OXY, PCZ, SU, Tar Sands, TLM
Posted in Featured, Oil Investment & Alternative Energy |
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Apr 14th, 2009 |
By Lee Lowell |
Category: Featured, Oil Investment & Alternative Energy
Having etched out new lows a few months ago amid the worldwide financial crisis, many commodity sectors appear to be doing their best impression of planes hovering over a busy airport: In a holding pattern.
Tags: Commodity Sectors, Crude Oil Futures, Lee Lowell, Oil Market, Opec, Opec Oil, Worldwide Financial Crisis
Posted in Featured, Oil Investment & Alternative Energy |
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Feb 9th, 2009 |
By Contrarian Profits |
Category: Financial News
OPEC says willing to cut production further from March… Impending U.S. stimulus package supportive… Dismal U.S. jobs data still weighs on sentiment…
Tags: Barack Obama, Bnp Paribas, Bpd, economic stimulus package, Oil Market, Oil Prices, Oil Supply, Opec
Posted in Financial News |
1 Comment »
Dec 29th, 2008 |
By Contrarian Profits |
Category: Financial News
Gold was firmer on Monday, tracking a climb in crude oil prices on the back of burgeoning tensions in the Middle East, although it retreated from earlier highs as oil gave up some of its gains.
Tags: British Pounds, Crude Oil Prices, Gaza Strip, geopolitical conflicts, Gold Futures, Oil Market, Precious Metal Prices, precious metals, silver prices, SLV, Spot Gold, US dollar
Posted in Financial News |
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Nov 14th, 2008 |
By Doug Casey |
Category: Financial News
In the energy market Thursday, oil managed to gain a little ground, with crude for December delivery closing at $58.24/barrel, up $2.08 on its last day as the front-month contract.
Tags: Arab Petroleum, Brazilian Waters, Chevron, Crude Stocks, Energy Information Administration, Energy Market, euro, Exxon Mobil, Global Recession, Hess, Oil Market, Opec, Petrobras
Posted in Financial News |
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Nov 12th, 2008 |
By Doug Casey |
Category: Financial News
In 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.
Tags: Amp, Crude Oil Prices, Doug Casey, Energy Market, gas prices, Mexico, Nigeria, Oil Exports, Oil Market, Opec, Opec Cuts, Stimulus Package
Posted in Financial News |
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Nov 3rd, 2008 |
By Doug Casey |
Category: Financial News
In the energy market Friday, oil moved higher, with crude for December delivery closing at $67.81/barrel, up $1.85. November reformulated gasoline fell 2.57 cents, to $1.4413/gallon.
Tags: Amp, Crude Oil Prices, Doug Casey, Economic Research, energy, Energy Market, Nymex, oil, Oil Market
Posted in Financial News |
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Oct 29th, 2008 |
By William Patalon III |
Category: Financial News
Consumer Confidence at All-Time Low; Home Prices Continue Collapse; OPEC Still Not Satisfied; Whirlpool Circles the Drain; Optimistic Wall Street; Banks Balk on Buyout; Stop the Presses?
Tags: Consumer Confidence Index, Credit Suisse Group, CS, DB, Deutsche Bank Ag, DHX, GCI, Oil Market, Opec, US stocks, Wall Street Banks, Whirlpool Corp, WHR
Posted in Financial News |
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