posted by
jingco
29 days ago
in Fundamental, Gold, Oil
made popular 29 days ago
With deflation looking to be on the way, it's interesting to see gold rallying 1.5%, just as global stocks and some commodities such as crude oil sink on the realization that U.S. growth, and likely global growth as well, really is slowing.
posted by
fxcashmonster
19 days ago
in USD, Oil
made popular 19 days ago
Crude oil prices continued their downward spiral during the week as new data confirmed that U.S. economic growth is slowing.
posted by
ashpotter
18 days ago
in USD, Oil
made popular 18 days ago
Crude oil prices were lower again Monday after the US dollar strengthened and most US equities markets moved very little, and after crude opened higher on hopes that recent mergers rumors and activity meant that economic conditions were improving
posted by
sparksy
18 days ago
in USD, Oil
made popular 18 days ago
Oil stayed close to a six-week low below $74 a barrel on Monday as bulging US inventories and a lack of hurricane activity in the Gulf of Mexico countered a weaker dollar.
posted by
grink
19 days ago
in Oil
made popular 19 days ago
The explosion on April 20 aboard the Deepwater Horizon, a drilling rig working on a well for the oil company BP one mile below the surface of the Gulf of Mexico, led to the largest accidental oil spill in history. It was not until July 15 – 86 da
posted by
mintyheart
18 days ago
in Oil
made popular 18 days ago
World stocks rebounded from a one-month low on Monday as a slew of corporate takeover activity supported investor sentiment and boosted the price of oil.
posted by
yosoybeloved
18 days ago
in USD, Oil
made popular 18 days ago
World oil prices fell once more on Monday, hitting near six-week lows after failing to sustain early gains won on the back of a weaker dollar.
posted by
Valerie
5 days ago
in Fundamental, Gold, Oil
made popular 5 days ago
Now, almost all the currencies are somewhat correlated with gold and oil prices. Oil is the commodity that drives the global economy so you can well understand the effect of rising oil prices on the global economy.
posted by
yaymenow
19 days ago
in USD, Oil
made popular 19 days ago
World oil prices fell on Friday for the third straight session amid worries that weakening growth in the United States could curtail energy demand.
posted by
wisaac
18 days ago
in USD, Oil
made popular 18 days ago
Gasoline futures plunged to a six- month low on speculation that supplies are ample as the driving season nears an end and as a rising dollar lessened the allure of dollar-denominated commodities.