Articles Tagged "declines"

$ Deals In The Making For Oil

Crude Investing News reports high dollar deals in the making for oil recently. Suncor is set to be Canada’s biggest energy company and largest industrial concern. With its greater weighting on the TSX, the beefed-up firm is likely to see early demand for its shares from index funds. It is also set to attract big investors that need [...]

Crude oil headed for $71.55 a barrel

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 [...]

Oil Price Peaks And Slides

Crude Investing News reports oil prices sliding and peaking at various periods. Oil prices soared higher on the prospects of a rebound in energy demand. “The market thinks the worse is behind us and that we’re heading toward recovery at the end of the year, early next year,” Fitzpatrick said. Spreading worldwide recession has ravaged [...]

Platinum’s future eludes analysts

Platinum Investing News reports platinum prices have been volatile in 2008 reaching a high of $2,290 an ounce. When surveyed, only a handful of analysts were willing to voice their predictions for the platinum market in 2009.  Those who were willing to give their forecast had a wide range of opinion. At the high end [...]