Oil

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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 [...]

Oil Price Soars: Just below $117 on Asian/Pacific Hours

Sunday, April 20th, 2008

Concern in earlier reports from Australia highlighted the precarious situation of oil price rise almost on a daily basis. Where will this end in the face of global risisng food  cost. Where do we go from here?
According to the report, “Oil held below $117 a barrel on Monday, supported by worries of supply disruptions in Nigeria and [...]

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