Philip Chua Business Blog

Posts Tagged ‘oil’

(SINGAPORE) Gold prices continued to head south yesterday, with some analysts predicting more selling pressure in the coming weeks.
The yellow metal retreated after the US dollar rebounded against the euro, while firmer oil prices offered little help as investors turned cautious on bullion after it failed to sustain recent gains.
Gold dropped below a psychological level of US$1,100 an ounce as unc… more

The German ZEW economic sentiment could have remained more or less unchanged in February, as the correlated indicators sent mixed signals. The ifo business expectations and the US ISM manufacturing index have both improved. The euro has depreciated and crude oil prices have gone down. However, German yield spreads have…

Forecasts for warmer weather, a stronger dollar and further signs the U.S. consumer is still hurting sent oil prices lower for the fifth straight day.

The Commodity Futures Trading Commission intended to stave off a repeat of the 2008 surge in oil prices.

The first week of the year saw the greenback giving back its gains back, more so to commodity currencies such as the Loonie, Aussie, and Kiwi. Against the Euro and Sterling, it was pretty much sideways. Surging oil prices can be attributed to the strength in the commodity currencies, even…

A string of exploding investment bubbles that started with the dot-coms and ended with mortgages and oil dominated the years from 2000 to 2009. Will the next decade be different?

Wall Street – Business – Investing – Financial Services – Directories

Oil prices on Thursday hit $80 a barrel for the first time in seven weeks as the dollar sank on the final day of the year.

Holiday travelers can expect gasoline prices to remain steady through the weekend even though oil prices spiked Wednesday on falling inventories.

Oil prices rose Tuesday for the first time in nine days with OPEC predicting energy demand will rebound faster than it had previously thought.

Oil prices crawled up to near $71 a barrel Friday as a forecast of an increase in oil demand next year added to the effects of a weaker dollar.