Spot Crude Oil Rises Above $74
December 17, 2009 3:28 pm by Anton EljwizatFollowing a report from the U.S. Department of Energy yesterday, showing a decline in crude oil supplies, oil prices shot up and are now being traded at over $74.00 a barrel. However, I will illustrate below that crude oil may ...
USD and Crude Oil Lower on Bernanke Statements
December 8, 2009 10:22 am by Russell GlaserThe US Dollar fell today after Federal Reserve Chairman Ben Bernanke gave comments concerning the slow recovery of the U.S. economy which may keep inflation low. This hints towards a continued Fed policy of lower interest rates for the foreseeable ...
Crude Oil at 1-Year High
October 22, 2009 8:07 am by Greg HoldenCrude Oil finally reached its 1-year high mark yesterday with a closing price just over $81 a barrel. With little bearish news emerging from US inventory data yesterday, traders reattached themselves to the USD and equities, while buying into commodities ...
