Oil

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Government Uncovers Oil Price Manipulation

Monday, July 28th, 2008

Is this really true? This was an interesting read over the weekend from the CNNMoney headliners wherefore the writer based most of her arguments on “Traders manipulated oil prices - U.S.” on an article by Steve Hargreaves on CNNMoney.
Earlier this month Nomi Prins wrote, Oil speculation: Why we don’t have answers on CNN Fortunes. [...]

Oil Prices See Rally Again!

Monday, June 23rd, 2008

Once again, oil prices, energy bills and global food shortages are hitting the limelights of our daily news and various airwaves. With household outgoing bills on its ascendency by the moments, many are asking the question, ‘when will this would end?’
In 2008, we have seen crude oil prices accentuating its position towards the $140 ~ [...]

Oil Prices Pause Within Sight of 120 Dollars

Thursday, April 24th, 2008

This was an interesting article I found researching for my Thursday trades today on Yahoo News. Futures speculators have been having a field-day amid housing market troubles.
SINGAPORE (AFP) - World oil prices paused within sight of the 120-dollar level on Thursday after a mixed report on US energy stockpiles, dealers said.
In Asian afternoon trading, New [...]

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