posted by
grink
1597 days ago
in USD, Oil
made popular 1596 days ago
Crude oil fell for a second day in New York on forecasts the U.S. economy will worsen, curtailing demand in the world’s biggest energy-consuming country.
posted by
xjessicax
1597 days ago
in Oil
made popular 1597 days ago
Crude oil traded little changed after falling yesterday on signs the economy in the U.S., the world’s biggest energy consumer, contracted further in November and December, pushing oil inventories higher.
posted by
odell
1597 days ago
in USD, Oil
made popular 1597 days ago
All that money you're saving these days at the gas pump? You might want to put it in the bank.
posted by
sassygirl
1598 days ago
in Fundamental, Oil, Inflation
made popular 1598 days ago
Falling oil prices could provide one of the few bright spots for the UK economy this year, helping consumers to feel that they are better off and cushioning the impact of a recession, according to research out on Monday.
posted by
MrLee
1598 days ago
in Oil
made popular 1598 days ago
Crude oil traded little changed near a five-week high on speculation that OPEC is implementing a 9% production cut and concerns an expansion of the Gaza Strip conflict may disrupt Middle East supplies.
posted by
czarinacleopatra
1598 days ago
in Oil
made popular 1598 days ago
The entry of the troops escalated the 10-day-old conflict, threatening stability in the Middle East, the world's largest oil-producing region.
posted by
stephenie
1598 days ago
in Oil
made popular 1598 days ago
The steepest plunge in crude prices on record may be setting up oil investors for a rally this year, if history is any guide.
posted by
eriathwen
1603 days ago
in CAD, Oil
made popular 1603 days ago
During early European deals on Wednesday, the Canadian dollar fell sharply against its major counterparts as the crude oil prices fell for a second day, heading for a record annual drop, on speculation that U.S. fuel stockpiles are increasing as
posted by
sassygirl
1603 days ago
in USD, Fundamental, Oil
made popular 1603 days ago
Commodities had the biggest annual decline in five decades as demand for energy, metals and grains tumbled in the second half because of the recession.
posted by
Sylvanna
1603 days ago
in USD, Fundamental, Oil
made popular 1603 days ago
Many investors said good riddance on Wednesday to one of the worst years on record and prayed that government rescue plans will pull the global economy out of its fierce tailspin later in the new year.
posted by
sassygirl
1604 days ago
in Oil, Retail Sales, Consumer
made popular 1604 days ago
Oil prices fell $1 on Tuesday as fear about demand in a sickly world economy outweighed expectations of further Saudi supply cuts in February and tension in the Middle East due to the Israeli-Hamas conflict.
posted by
BloodDiamond
1604 days ago
in Fundamental, Oil, Inflation
made popular 1604 days ago
The oil price gyrated wildly in 2008, hitting an all-time high above $147 a barrel on July 3 – followed by four-year lows. The big question now is: Where next?