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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 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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