Crude, Heating Oil Increase on Service Expansion: Oil Products
Bloomberg reports that Crude oil, heating oil and gasoline advanced more than 1 percent.
Continue reading "Crude, Heating Oil Increase on Service Expansion: Oil Products"
Bloomberg reports that Crude oil, heating oil and gasoline advanced more than 1 percent.
Continue reading "Crude, Heating Oil Increase on Service Expansion: Oil Products"
Wednesday, August 12, 2009
Oil levels were nearing levels that would likely prompt an increase in supply from the OPEC. Such an action would likely cause oil prices to drop. Furthermore, evidence of a bottoming out of the recession is still a bit patchy. The latest data on industrial production for some of the larger countries continues to remain negative.
Continue reading "Normalcy Trends Chase Higher Oil"
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Wednesday, January 5, 2011