posted by
maximumpips
1812 days ago
in Daily, Oil
made popular 1811 days ago
Crude oil surged more than $10 a barrel to a record as the dollar weakened after the U.S. unemployment rate grew the most in two decades and Morgan Stanley said prices may reach $150 within a month.
posted by
JonDough
1812 days ago
in USD, Special, Oil
made popular 1812 days ago
Arguments that $4-a-gallon gas (or even higher) is here to stay are dead wrong. Housing's boom-and-bust cycle tells you why.
posted by
JonDough
1812 days ago
in USD, Oil
made popular 1812 days ago
Gasoline prices as measured in the daily AAA survey resumed their drive toward $4 a gallon Saturday, rising to just below the record level after a one-day retreat.
posted by
pipsmgee
1813 days ago
in Gold
made popular 1813 days ago
Gold futures climbed more than $23 an ounce Friday to log their biggest one-day dollar gain since February, as a larger-than-expected rise in the U.S. unemployment rate put severe pressure on the dollar, raising investment demand for the precious
posted by
JayP
1813 days ago
in USD, Oil, Employment
made popular 1813 days ago
Crude oil prices soared on Friday morning in U.S. trading and chased its record levels again, pushed by a weaker dollar as well as ongoing supply and demand concerns. Light sweet crude moved to $134.05, up $6.26 on the session. Prices climbed as
posted by
warrenbuffet
1813 days ago
in USD, Oil
made popular 1813 days ago
Oil is trading above $134 per barrel on an analyst prediction that prices could hit $150 by July 4.
posted by
odell
1815 days ago
in USD, Oil, Inflation
made popular 1814 days ago
Federal Reserve Chairman Ben Bernanke said Wednesday he does not believe the United States will experience the out-of-control prices seen with 1970s oil shocks.
posted by
supertrader
1815 days ago
in Fundamental, Oil
made popular 1815 days ago
Crude futures plunged Tuesday on a strengthening dollar after U.S. Federal Reserve Chairman Ben Bernanke said more rate cuts are unlikely.
posted by
supertrader
1816 days ago
in Fundamental, Sentiment, Oil
made popular 1816 days ago
Crude oil futures drifted over $1 lower in European trade Tuesday as competing concerns over near-term demand and global supply left market participants uncertain over the path of crude prices.
posted by
JayP
1816 days ago
in Fundamental, Sentiment, Oil
made popular 1814 days ago
George Soros, the billionaire hedge fund manager, will warn later today that the oil price has become a bubble that could trigger a stock market crash.
posted by
maximumpips
1817 days ago
in Gold, Metals
made popular 1816 days ago
Gold rose on speculation that investors may stock up on the metal after the biggest weekly drop in price since mid-March. Silver also gained.
posted by
fxmasta
1817 days ago
in Oil
made popular 1817 days ago
Oil closed another choppy session mildly higher for the day. Light sweet crude for July delivery ended the session at $127.76 per barrel, up 41 cents on the session. Crude touched as low as $125.22 in electronic movement but later rallied to as h