All Posts Tagged With: "oil"
Crude Rebounds
In the energy market Friday, crude for July delivery rebounded, closing at $134.62/barrel on its final day as the front-month contract, up $2.69. July reformulated gasoline rose 8.7 cents, to $3.4392/gallon.
China Cuts Fuel Subsidies… But Don’t Believe This Myth About Oil
If something’s more expensive, less people will buy it. That’s NOT the case with oil. Take China. Yesterday, it did the unthinkable…It cut oil subsidies.
Vietnam’s Coming Resurgence Explained: 6 Reasons Why You Should Get In Now
The government is serious about tackling inflation. Investor confidence has returned. The IMF believes Vietnam is on the right track. Food inflation is set to fall drastically. Domestic manufacturing capacity increasing rapidly. Oil refinery set to come online in 2009.Let me explain this in a bit more detail…
A Little Perspective on the Oil Market
It’s hard to believe now, but crude oil was under $20 a barrel back in 2002. The U.S. economy was weak, and Chinese demand hadn’t entered overdrive yet.
Asking Too Much of a Fiat Currency
Trying to preserve buying power with advanced purchases of oil! Sort of like buying gold and silver, but messier. Stick with silver and gold. You’ll be glad you did, as your motives are the same as everybody else’s…
Report from the Editorial Meeting
Six times a year, the Agora Financial editors converge from all over the world on Baltimore to exchange ideas about the state of the world and what it means for your investments. Much of the discussion yesterday was frankly grim.
Inflation Goes Global
“Say goodbye to your money!”…bursting bubbles always lead to the same things…Inflation: Enemy Number Two…what kind of world would it be if people always behaved sensibly? Sicking “the fuzz” on terrorism…the bubble that always ends in the perp walk…and more!
Oil Drops as China Ratchets up Fuel Costs
Oil futures fell yesterday (Thursday) on news that China plans to sharply reduce fuel subsidies starting today, which is expected to have an effect on demand.
A Strange New Way to Invest
Biotech is no longer just a drugs game.
And Then There’s This…Friday, June 20th, 2008
The gold price lost about eight bucks (silver was down about 20 cents) from the open in Sydney on Thursday morning until about fifteen minutes before the Comex opened in New York yesterday morning.
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