Javno.hr Oil Falls More Than $100 From July Record on US RecessionBloomberg- 1 hour ago… their bets that New York crude-oil futures would drop in seven of the past eight weeks, according to a US Commodity Futures Trading Commission data. …As oil prices plummet, OPEC meets to consider another production cut World Socialist Web Siteall 92 news articles Written by "futures tradin...
Results 1 - 10 of 367 for "CRUDE"
Today’s tickers: RIMM, BP, NXY, MMM, USB, WFC, GS & GE RIMM – Research in Motion – Terrible results from fellow-handset maker, Palm clouded the prospects for RIMM as well as the mobile phone industry sending shares of the Canadian manufacturer of the Blackberry device 7% lower to $37.02. The company recently faced delays in shipping its novel Blackberry Storm, but news tha...
Research in Motion (RIMM) – Terrible results from fellow-handset maker, Palm clouded the prospects for RIMM as well as the mobile phone industry sending shares of the Canadian manufacturer of the Blackberry device 7% lower to $37.02. The company recently faced delays in shipping its novel Blackberry Storm, but news that Palm recorded revenues of $190 million from sales of its seven-year o...
Here's my premise. EUR/USD is bottoming....... .....when it reverses, badly-battered crude will rally.......... .......thus I have bought DIG....... ..........and DBA....... Shout out to G.W.: <yoda voice>War does not make one great..........</yoda voice>. Twerp.
No Cairo cuts means sliding crude, but probably only for a couple of weeks.
Crude-oil futures fall 4.7% to close at the lowest level in more than three years as worries continue that a global economic slowdown will cut into energy demand.
OPEC is once more rattling the saber of crude oil production cuts in an effort to prop up the price of the black stuff. Whether the cartel will be successful in its aims is open to question. OPEC has a notoriously bad record when it comes to acting as a single entity. Each of the 13 members has its own agenda, and getting those agendas to mesh is nearly impossible. What this means for US consum...
Spiders - December S&P E-mini Futures: The market will probably drop to 760-70 before resuming its rally to 1000. Today resistance is in the 845-50 zone. QQQ: The Q’s should hold support in the 25-26 zone and then resume their rally to 34. TLT - March Bonds: The market will probably reach the 1998 high at 135 before it turns lower. March 10 Year Notes: The notes will probably reach 128 b...
Just as with natural gas and crude oil, electricity use is off as the economy heads into its second year of recession. The lack of demand for electricity affects the bottom line for generators like Duke Energy (NYSE:DUK), Dynegy Inc. (NYSE:DYN), and American Electric Power (NYSE:AEP).The delivery system for electric power in the US is old and needs to be upgraded or replaced. Electricity suppl...
Markets pulled their socks up last week, with global equities putting some distance between the November lows and Friday’s close. The FTSE 100 enjoyed a 13% weekly gain, while the Dow, S&P500 and Nasdaq are up 17.1%, 19.9% and 18.3% from the November lows respectively. The week started well with traders liking what they saw in the massive bailout of Citigroup (C). The US government ef...