Crude, Heating Oil Increase on Service Expansion: Oil Products
Oil – Bloomberg reports that Crude oil, heating oil and gasoline advanced more than 1 percent.
Oil – Bloomberg reports that Crude oil, heating oil and gasoline advanced more than 1 percent.
Silver – Kitco reports that Silver hit its highest level in 30 years Monday.
Gold – Gold futures fell for the first time this week as investors sold off their positions ahead of the year’s end. The metal reached a record $1,432.50 an ounce on Dec. 7 and is headed for a 10th consecutive annual gain.
Silver – Bloomberg reports that Silver will jump as much as 37 percent next year.
Oil – Bloomberg reports that Crude oil may rise to as much as $150 a barrel over the next three to four years.
Copper – Reuters Africa reports that U.S. copper futures maintained momentum near a two-week peak above $3.90 per lb early Wednesday.
Oil – Abcnews reports that Oil prices dropped for a third day on Tuesday with persistent worries about the global economy.
Oil – Washingtonpost reports that Oil prices continued to slide on lingering concerns about economic stability in Europe.
Copper – Reuters reports that U.S. copper futures trimmed losses as the dollar stumbled after the Federal Reserve said it would buy $600 billion of longer-term Treasuries by the end of the second quarter of 2011.
Crude Investing News reports oil prices reached a one year high with energy moving in an upward trend. Oil prices soared to a fresh one-year high near $76 a barrel Thursday in Asia on a weaker US dollar and growing investor optimism about an economic recovery. Benchmark crude for November delivery was up 72 cents [...]
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