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Oil Up With Rising Risk Appetite on Greek Bailout Hopes

13 hours ago ago from Trade Crude Oil :: Bringing Oil Traders Together

Futures up for the second straight day from under $72 to around $73.80 with general risk asset rise on Greek bailout hopes. Crude rose on Monday, snapping three sessions of losses, as a weaker U.S. dollar, a cold snap and geopolitical tensions provided support. But fears over the euro zone’s sovereign debt woes continued to cast a pall over commodity and equity markets, with Wall Street closing Monday below the 10,000-level for the ...

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Company chiefs warn of ‘oil crunch’

4 hours ago ago from optimum population trust news watch

Sir Richard Branson and other business leaders will warn this week that the world is hurtling towards an oil crunch to match the financial crisis within five years. In a report due to be launched on Wednesday, the Virgin Group founder will say that the world is running out of oil and that the coming challenges may be more serious than the credit crunch. Sir Richard - whose airline and rail businesses are sensitive to volatility in ...

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What Causes The Prices Of Commodities Such As Gold/oil To Rise/fall?

12 hours ago ago from Stock -Finance

In the past few months, an area of the financial markets that has been well documented is the rising prices of commodities such as oil. I know they have since fallen, but im quite an amature when it comes to these kind of things. What factors made the price of oil rise in the first place? What factors made it recently drop a little? Why has the price of gold fallen recently. I very much appreciate the answers, as it is something i ...

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Oil Prices Head Higher in Commodities Trading

23 hours ago ago from Spread Betting Resource

Spread bets and CFDs should consider supply Spread betting and contracts for differences on oil prices should consider that they are moving a bit higher today. One of the main reasons is due to the fact that a recent cold snap in the U.S. has resulted in lower stockpiles. There are also hopes that a Greece rescue plan could help keep the global economic recovery on track, and that should help oil Related posts: Oil Prices Head ...

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DeGlobalization Means Relocalization

18 hours ago ago from Bluegrass reVISIONS

I love finding stories written by establishment people Our friend Jeff Rubin was Chief Economist at Canada's largest bank he now clearly sees what peak energy will do to the global economy .read and learn: Posted by Jeff Rubin on October 30th, 2009 Nothing is shrinking faster these days than global trade. For the first time in decades, world trade volume, the lifeblood of the global economy, is actually falling. And ...

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Oil rises 3% on weaker dollar

16 hours ago ago from CNN Money

Oil rises 3% on weaker dollar By Hibah Yousuf, staff reporter February 9, 2010: 3:25 PM ET NEW YORK (CNNMoney.com) -- Oil prices extended gains Tuesday as the dollar weakened against the euro after concerns over Europe's debt crisis eased. What prices are doing: Crude oil for April delivery rose $2.56, or 2.6%, to $73.75 a barrel. After falling nearly 8% over three consecutive sessions, crude prices rose 1% Monday to settle at $71.89. ...

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Exxon Scramble In Ghana Shows Resource Access Still Uphill Battle - FOXBusiness.com

15 hours ago ago from FOX Business

Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Energy Tuesday, February 09, 2010 Exxon Scramble In Ghana Shows Resource Access Still Uphill Battle   By Isabel Ordonez Dow Jones Newswires   ...

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