Статьи, помеченные тэгом ‘Cushing’

Oil prices are falling, gold increasing in price

Monday, May 24th, 2010

Gold prices may reach 1250 dollars by the end of the week. Oil prices are dropping every day. Quotes of the oil market on Friday, May 21 closed with a decrease in price amid fears about oversupply of oil in the U.S. and the possibility of slower economic growth in Europe. On the New York Stock Exchange New York Mercantile Exchange price of July futures for petroleum of mark Light Sweet fell by 0.76, or 1.1%, and its price was 70.04 dollars per barrel.

(more…)

Oil prices are in fear of a strong dollar

Saturday, May 22nd, 2010

Strong dollar saves OPEC from large losses in exports of oil, putting into question the willingness of OPEC to defend a certain price. This month, oil futures have fallen in price on American sites by 26%. 18-month intraday maximum of $ 87.15 per barrel on Thursday replaced a minimum of $ 64.24 per barrel. This is the lowest point since July 30. On Thursday, crude oil price set at $ 68.01 a barrel on the background of large stocks of raw materials, problems in Europe and the stock market crash.

(more…)