Oil prices hit a 15-month point on Thursday on indications that demand for the black gold was growing in the U.S, coupled with the ongoing tumult in Egypt, spurring fears about possible interruptions in oil supply…
Read More
Home» Posts tagged "Oil Pricing"
Daily Market Review - March 18th 2013
The recent bailout deal struck between the International Monetary Fund and the eurozone finance ministers has raised eyebrows all over the financial world. One of the terms of the strictly worded agreement forces Cypriot taxpayers to pay for the bailout directly from their savings accounts…
Read More Daily Market Review, Euro, Financial Daily Review, Financial News, Oil, Oil Pricing, USDDaily Market Review - March 12th 2013
The dollar continued to perform strongly following Friday’s data which showed that the U.S. economy added more jobs than expected in February, the unemployment dropping to 7.7 per cent. The stout data powered guesswork over the possible Federal Reserve’s easing program…
Read More Daily Market Review, Euro, Financial Daily Review, Financial News, Oil Pricing, USDDaily Market Review - March 11th 2013
The rallying dollar saw the euro approaching a three-month low against the dollar on Monday following Friday’s promising nonfarm payrolls bang which inspired optimism that the U.S. economic recovery is real and on track. EUR/USD hit 1.3025 during European trading hours and the major pair then consolidated at 1.3002…
Read More Daily Market Review, Euro, Financial Daily Review, Financial News, Oil Pricing, USDDaily Market Review - March 5th 2013
The past days witnessed a series of unsuccessful attempts to establish a price below 1.30 resulted in a period of deceptive tranquillity. If the current Italian deadlock persists, the calm might continue for a short period of time until political parties come to an agreement…
Read More Daily Market Review, Euro, Financial Daily Review, Financial News, Oil, Oil Pricing, USD