Oil futures briefly traded below $90 a barrel today after the weekly inventory report showed an unexpected increase in inventories. Analysts surveyed by Dow Jones were expected an increase of 300,000 but the report showed an increase of 4.3 million barrels which surprised many traders that we spoke to on the floor.
News regarding the U.S. […]
Archive for January, 2008
Recent Entries
- Revising my prediction on a higher oil price, since I was right
- Potential factors to push crude oil over $100 a barrel
- Oil Prices Update
- Crude Oil Futures Close Lower After Supply Surprise
- Crude Oil Prices Up On Economic Data
- Crude Oil Prices Drop After Release of Inventory Data
- Oil Trades Lower on Economic Concerns
- Crude Oil Trades Higher on Inventory Data
- Crude Oil Down for Third Consecutive Day After OPEC Comments
- Oil Closes Above $90 a Barrel
Recent Comments
- Why is the Dow … in Revising my prediction on a higher …
- Revising my pre… in Potential factors to push crude oil…
- RAJESH BAWEJA in Crude Oil Down on Inventory Update