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Oil Prices Sink as Dollar Hits Three-Month High
10 hours ago ago from The HEAT Zone - Heating Oil News & Information Blog - Save On Home Fuel Now
As of 8:51 am EST, the price of crude had fallen by .91 percent to reach $72.00 a barrel and the price of heating oil had dropped by .91 percent. HEAT USA Price Report Today’s average retail heating oil price per gallon: Up $0.07 Morning projection (for Friday’s average price per gallon): Down $0.03 Oil prices declined as the dollar reached a three-month high against the euro. Federal Reserve chairman Ben Bernanke’s ...
Related contentOIL-PXS - Crude Oil; 121709
18 hours ago ago from Phinanz.net
For the week ending 121509 the price of crude oil decreased 2.71%, from $72.59 per barrel on 120809, to $70.62. On 121508 crude oil was trading at $44.61 per barrel, 36.83% below the most recently reported level. Chart Link: Cushing, OK WTI Spot Price FOB (Dollars Per Barrel)
Related contentThe Energy Report- Getting So Much Better All The Time
16 hours ago ago from Commodity Futures,Forex, and Options Trading News, Articles and Trading Strategies
12/17/2009 The Feds got to admit it's getting better, better, a little better all the time. It cannot get no worse. The Fed has to admit it's getting better, better. It's getting better since you've been mine, getting so much better all the time. The Fed did not give us an exit strategy but they did give us a timeline (oh no, now the enemy can wait us out) for ending purchases of mortgage backed securities. They see a pick up in the ...
Related contentCrude Stays Above $72 Even As Dollar Surges
6 hours ago ago from Finance Room
Crude prices came back from early losses to finish virtually unchanged on Thursday, withstanding a furious rally by the dollar, which set a 3-month high against the euro. Crude for January lost a penny to $72.65 a barrel as traders weighed a slew of economic data one day after the Federal Reserve held tight on its record low interest rates near zero. Mots clés Technorati : Oil , fvtaiwan Posted in Oil
Related contentOil remains firm in Asian trade
23 hours ago ago from Macor Shipping
Global oil prices remained steady in Asian trade Wednesday as investors cashed in on a recent price drop. Light sweet crude for January delivery was seen trading at $70.79 a barrel at 11.30 a.m Singapore time while Brent crude was at $72.06 a barrel at the same time. The contract will terminate later today. Crude prices were also supported by the latest Organization of Petroleum Exporting Countries prediction that global energy demand will ...
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Oil dips near $72 on stronger dollar
16 hours ago ago from CNN Money
TRADING CENTER Oil dips near $72 on stronger dollar December 17, 2009: 10:17 AM ET LONDON (Reuters) -- Oil fell toward $72 a barrel on Thursday as the dollar rose to a three-month high against the euro, outweighing a surprise drop in U.S. distillate stocks ahead of an expected cold snap. The U.S. Federal Reserve left interest rates unchanged but its optimistic ...
Related contentA Break at the Gas Pump
3 hours ago ago from The New York Times
HOUSTON This holiday season, consumers can expect a gift that should ease their burdens a bit: modestly lower gasoline prices. Toby Talbot/Associated Press Robert Bartell changing gasoline prices Monday in Montpelier, Vt. The national average for a gallon of gas is $2.59. Multimedia Brendan Smialowski for The New York Times Holiday decorations Monday at a Shell station in Fairfax, Va. Average gasoline ...
Related contentCrude Oil Down Stay Down After U.S. Jobless Claims - FOXBusiness.com
17 hours ago ago from FOX Business
Existing users please login User Name: Password: Remember me on this computer Home Thursday, December 17, 2009 Crude Oil Down Stay Down After U.S. Jobless Claims  By Nick Godt MarketWatch Pulse  NEW YORK -- Crude oil futures stayed under heavy ...
Related contentOil dips on stronger dollar
10 hours ago ago from CNN Money
TRADING CENTER Oil dips on stronger dollar By Blake Ellis, contributing writer December 17, 2009: 4:22 PM ET NEW YORK (CNNMoney.com) -- Oil dipped to near $71 a barrel on Thursday as the dollar climbed to a three-month high against the euro. We had a strong dollar, and that was all about the fact that the Federal Reserve sent a very slight signal that we're seeing ...
Related contentBBC News - India food prices hit 10-year high
19 minutes ago ago from BBC
India is grappling with rising food prices Food prices in India have risen to a high of nearly 20% over last year, the highest rate in a decade. The federal finance minister Pranab Mukherjee has said the government was planning to import food to ease prices. A short supply of food due to lower farm produce following drought and floods has led to the rising prices. Overall inflation in India has risen to 4.78% in November, ...
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