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February, Wednesday

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News // Markets & Stocks

DGCX: Two New Crude Contracts To Be Traded

Dubai Gold and Commodities Exchange, DGCX, informed yesterday that it would start trading two new crude oil futures contracts since May, 27
21 May 2008 , 08:476180

Gas Moves To $4 On Surging Oil

More gas and oil records fell Monday as retail fuel prices struck new highs and crude settled above $127 for the first time, tightening the squeeze on drivers planning holiday road trips next weekend
20 May 2008 , 11:305060

Supply Concerns: Oil Continues Picking Up

Oil extended its rally on Tuesday past $127 a barrel, driven by renewed fears of supply disruption and OPEC's reluctance to raise output at its next meeting in September
20 May 2008 , 11:184670

Breaking Oil Prices To Brake Stock Market

US stocks will face major obstacles to extending their gains next week if the price of oil continues to break records, as fears about inflation and the discretionary spending power of the embattled American consumer are forced into the spotlight
19 May 2008 , 11:485230

Oil Soars To New Records On Supply Concerns

Monday oil rose to a record high near $128.00 a barrel on concerns over fuel supplies
19 May 2008 , 10:358590

Oil Prices Rise in Asia

Friday oil rose in Asia following a whipsaw overnight session in which the expiration of options played havoc with prices
16 May 2008 , 10:545280

PetroChina and Hutchison Move Up At HK Stock Market

There some hot stocks on the move in Hong Kong on Thursday
15 May 2008 , 12:227560

Gas Prices: Above $3.75 A Gallon

Wednesday gas prices held above $3.75 a gallon Wednesday, while oil prices fell after an Energy Department report gave a mixed picture of the nation's petroleum reserves
15 May 2008 , 11:026470

Strong Greenback Won’t Let Oil Leap Back

Thursday oil declined below $124 on picking up U.S. distillates stocks and Iran's reassurances that it would not cut crude exports added to a firming U.S. dollar to limit the upside
15 May 2008 , 10:224980

Oil Sticks To $126 On Iran News

On Wednesday U.S. crude oil futures maintained strength to hold near $126 per barrel after they retraced the previous day on a report Iran said it was mulling a proposal to cut production
14 May 2008 , 09:135830

Oil Slips Below $124 On Chinese News

Tuesday oil eased below $124 a barrel as a year-on-year fall in China's April oil imports, the first time in 18 months, raised questions over demand in the world's second largest oil consumer
13 May 2008 , 10:075320

Gasoline Hits $3.72 a Gallon

The prices for gasoline jumped to an average $3.722 a gallon picking up 10.9 cents in a week and the fourth consecutive record
13 May 2008 , 08:276170

Oil Won’t Sink Below $126

Monday oil prices moved close to the extremely record levels above $126pb on concerns of supply disruptions in the world's largest crude producing region in the Middle East
12 May 2008 , 08:526370

Airlines and Oil Refiners Extend Losses In HK Due To Oil Leaps

Airlines and oil refiners extended their losses as crude oil prices edged close to 124 usd a barrel
08 May 2008 , 12:078380

Oil Having Rest After Incredible Leaps

Oil stopped climbing up on Wednesday after getting to a record $123 a barrel in the previous day's session on supply concerns
08 May 2008 , 09:476460

Oil’s Record $122: It May Well Surge To $200pb!

Oil prices soared to a record $122 a barrel Tuesday on supply concerns and the weak dollar, extending a rally that has doubled prices over the past year and has some experts forecasting a potential spike to $200
07 May 2008 , 08:198770

Crude Reached $120 On Supply Concerns

Crude futures topped $120 a barrel for the first time Monday on supply concerns
06 May 2008 , 10:405120

Gold: Hedge Against Inflation

Gold continued picking up on Tuesday, adding nearly 2 percent in New York, helped by bargain hunting and unbelievably-high crude oil, which enhanced the metal's appeal as a hedge against inflation
06 May 2008 , 08:035530

Oil Prices Rise Again

World oil prices rose in Asian trade on Monday after fresh unrest in Africa's biggest crude producer, Nigeria
05 May 2008 , 14:215620

Gold Rallies On Bargain Hunting

Gold rebounded on Monday as bargain hunters snapped up bullion after a fall to a four-month low last week, but trading was thin in the absence of Japanese speculators
05 May 2008 , 14:026090