Posts tagged crude oil

Weekly crude oil update June 5, 2010

  • From the close of $73.97/ barrel last week, crude oil started the week with modest growth, but on Tuesday, prices fell $1.86 to $72.58 due to weak Chinese manufacturing data which raised concerns that crude demand from the world’s fastest growing economy might be slowing.
  • On following days, with the release More >

Weekly crude oil and currency update May 29, 2010

Crude Oil

Crude oil traded with a negative bias towards the beginning of the week and touched a weekly low of $67.15 per barrel in the near term contract on NYMEX. But thereafter it regained all of the lost ground rising $2.76 on Wednesday and $3.04 on Thursday. Crude prices finally closed More >

Weekly market update: May 3, 2010

Dear readers, if you will remember we used to post monthly market review till some time back. Modifying that a bit, we have come out with the weekly version of the update covering equity, currency, gilts, crude oil and a brief note on China interest rate move.

Equity markets