All Posts Tagged With: "crude oil"
Commodity Trading Challenges, Opportunities in Commodity Markets
The commodity trading universe is now based on a modern, open, well regulated network of commodity exchanges across all time zones. Primary producers and end users can trade commodities within agreed and well defined regulations and using standardised contracts and dispute mechanisms. With the result that today it is much easier to smoothly trade across the range of commodities from gold to rice and from crude oil to aluminium and sugar.
30Jul2009 | William Davies | 0 comments | Continued
Gas prices surge 9%: Don’t fear $4
Gas prices have surged nearly 9% over the past two weeks, but analysts say a reoccurrence of last summer’s record highs of $4 a gallon is not on the horizon. Gasoline prices have escalated about 18 cents during the past 13 days, with the national average hitting $2.226 a gallon on Monday, according to a survey by motorist group AAA. While prices have been on a tear, they are still some 46% lower from the all-time high of $4.114 a gallon hit last July.
16May2009 | JR Rooney | 0 comments | Continued
Crude Oil Prices Today
For the past several months crude oil prices have been difficult to understand. The price fluctuations have been extreme. While moving from a high of about $147.00 a barrel in July 2008, to a recent low of just under $32.00 a barrel, crude oil prices experienced gut wrenching daily volatility. To say that the market have been unusually volatile is an understatement.
20Jan2009 | Gerald Greene | 0 comments | Continued