Oil – The Wall Street Journal reported that crude oil futures dipped 1% amid concerns that the U.S. fiscal cliff negotiation is not making any progress.
Articles Tagged "crude oil futures"
Crude Investing News reports oil prices and its impact around the world. There are three catalysts for higher oil prices. Many analysts believe that oil prices will rise in the long-run for a number of reasons. Firstly, several developing countries are beginning to see an improvement in gross domestic product per capita, and as a [...]
Crude Investing News reports crude prices have increased with the positive outlook in the economy. Prices were also supported by concerns of disruptions to African oil supplies as Nigerian militants threatened to block waterways used for energy exports and a fire at a Sunoco Inc. refinery in Delaware affected operations. The June crude contract expires [...]
Crude Investing News reports crude oil did well for about 4 days and fell on Tuesday. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year. After nose-diving from [...]
Gold Investing News reports slumps in the crude and stock market lead gold futures to rise. Bargain hunters also stepped in after the benchmark gold contract lost nearly 3 per cent in the past two sessions to move below $870 an ounce, while a stronger dollar kept gold’s gain limited. For complete story, click this link. Follow developments [...]
Crude Investing News reports investors see sign of economic growth with higher oil prices. “It is almost as if the market wants to see oil rally,” says Phil Flynn, senior market analyst at Alaron Trading, a commodities trading firm, because of its status as a bellwether for the market. “Short term, the market is hoping [...]
Copper Investing News reports copper futures is on a positive momemtum at the beginning of the year. Copper started the New Year with a bang, but the positive movement was cut short as negative sentiment reigned supreme. Copper briefly moved up this week, on Tuesday, buoyed by investor short-covering and a steadier tone in the [...]