The expiration of October trading certainly played a disproportionate role in the record one-day gain, as it exercised a huge pressure on short positions. The meteoric rise also illuminates how much the vacillation is due to speculative activity.
Continue reading "Benchmark: Hedge grows"
Tuesday, July 29, 2008
Crude oil gain for a second day on concern that the recent attack on Royal Dutch Shell pipeline in Nigeria will trigger more violence. For full story, click here
Continue reading "Oil gains for a second day Nigeria violence"
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Monday, September 22, 2008