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Growth in oil stumbles- Oman Crude- $46.98 barrel!

René

Growth in oil stumbles- Oman Crude- $46.98 barrel!

"On the Dubai Mercantile Exchange, Oman crude oil closed at US$46.98 a barrel yesterday, the first time it has settled below $50 since it started trading on the exchange last year. On the New York Mercantile...

created by René | 3 years ago | updated 3 years ago
140 views | 0 recommendations | 1 comment

Oil price falls as Hurricane Gustav weakens

The price of oil has fallen to below $111 a barrel as Hurricane Gustav weakened on its approach to the US coastline. "A stronger dollar also helped reverse the course for oil prices, which had risen by nearly $3 to over $118 a barrel earlier in the session.Still,...

created by Rachel Nixon | 3 years ago | updated 3 years ago
264 views | 4 recommendations | 2 comments

multivu

New exchange for a new economic world order. Global Financial Market Summit ...

Deputy Chairman of the Monetary Authority of Singapore (MAS) and Minister of Trade and Industry, Mr. Lim Hng Kiang was the Guest of Honour at the Global Financial Market Summit 2008 where plans were announced to...

created by multivu | 3 years ago | updated 3 years ago
143 views | 0 recommendations | 0 comments

Oil hits record over $80 on tight supply

gryphon

Oil Prices Hit Record High

There Will Be Inflation. And a recession.Perhaps "seek refuge in commodities" should be America's new national slogan."Capping a relentless rise in recent years, oil prices hit a record high during the day on...

created by Jarrett Martineau | 3 years ago | updated 3 years ago
289 views | 0 recommendations | 0 comments

merrie

OPEC Agrees to Boost Crude Oil Output

Abdalla Salem El-Badri, OPEC's secretary general, in an astute decision to loosen OPEC's taps, based in part on the effects of the crisis in the U.S. subprime mortgage market, has agreed to boost crude production...

created by merrie | 4 years ago | updated 4 years ago
237 views | 0 recommendations | 0 comments

5 ways to profit from oil now

"1. Get active Gone are the days when it was relatively easy to see where the oil market was headed. Up until July the trend was definitively upward. Then it was definitively downward. Now the experts say that prices look like they'll swing in a tighter range for awhile,...