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 [...]
Articles Tagged "months"
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 [...]
Aluminum Investing News reports aluminum price has fallen more than 50% since July last year. To kick off 2009, the aluminum market received some positive news as the metal climbed to a three-week high in Shanghai trading. The announcement of a plan by the Chinese government to buy 290,000 metric tons of the metal to [...]