Friday, October 23, 2009
Crude Oil Commodity Trading
Light Crude Oil is on the same page as gold and silver, presently trading at support and liable to go in either direction.
Tuesday, October 20, 2009
Crude Oil Leading Commodity Boom
While copper and oil have been in the driving seat since the lows in commodities, the seasonal price averages of these commodities hint that copper, followed by oil should take a back seat to the gold market at some stage this fall, taking a breather while gold moves to the front.
Saturday, October 17, 2009
Crude Oil Commodity
Crude oil is a finite resource and is getting less and less plentiful. With continuing and increasing demand, this finite supply will need to be treated carefully. The US Department of Energy (DOE) "Annual Energy Outlook, 2007" estimated crude oil prices to be in the region of $57 per barrel.
Sunday, September 20, 2009
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