Government Uncovers Oil Price Manipulation
Monday, July 28th, 2008Is 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 Price Soars: Just below $117 on Asian/Pacific Hours
Sunday, April 20th, 2008Concern 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 [...]
Oil Price Flirts $114 Level
Tuesday, April 15th, 2008The current crude oil price is creating global concern. With price hitting unheralded levels of $113.93 dollars per barrel today where will this end? Are we looking at $130 or $140 per barrel by the year end?
Recent volatilty in the financial markets, significant weakness in the dollar and uncertainty about deliveries are adjudged to have created [...]
