Crude in New York Pares Gains
Bloomberg reports that Crude futures pared gains in New York while Brent crude extended its decline in London.
Continue reading "Crude in New York Pares Gains"
Bloomberg reports that Crude futures pared gains in New York while Brent crude extended its decline in London.
Continue reading "Crude in New York Pares Gains"
Monday, October 26, 2009
All eyes are on oil majors, as they battle a refining slump. BP reports results Tuesday, followed by Conoco on Wednesday, Exxon and Shell on Thursday, and Chevron on Friday. Though the sector is up 20 per cent, refineries are struggling as demand remains limp. Is there a way out?
Continue reading "Down, Down, Down For Oil Majors?"
Monday, March 9, 2009
After falling from $147 to $35 per barrel towards the end of last year, crude oil has once again gained and touched $45 per barrel on speculation that China's stimulus plan may spur demand for the commodity near term. However, some experts are of the view that this is not just speculation but real purchases driving the prices up.
Continue reading "The relation between gold price and oil price"
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Monday, January 31, 2011