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dailyfinance.com - 3/2/2009

Bears still in charge as oil plunges to $40

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Filed under: Energy So much for that nascent oil rally. In this oil market, the bears rule. True, the bulls have their moments, but these are fleeting, like that proverbial church mouse that sneaks out for a peak from time to time, only to be chased back into its hole by the parish cat. Oil's ...

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marketoracle.co.uk - 3/4/2009

Dow Jones Stock Market Forecast 2009 :: The Market Oracle :: Financial Markets Analysis & ...

— marketoracle.co.uk — Economy for 2009 Global crude oil production peaked in 2008. This will mean that there will be... no recovery from the recession. Global crude oil production had been rising briskly until 2004, then plateaued for four years. Because oil producers were ... (more) Dow Jones Stock Market Forecast 2009 :: The Market ...

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Comments vote downundo vote up GoldSeek.com found this 3/4/2009found this

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calculatedriskblog.com - 3/9/2009

The Oil Cushion

— calculatedriskblog.com — Last year I wrote a post about how falling oil prices would provide some cushion for the... U.S. economy: The Oil Cushion . Here is an update ... The following graph shows the monthly personal consumption expenditures (PCE) at a seasonally adjusted ... (more) The Oil Cushion

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Comments vote downundo vote up Abnormal Returns found this 3/9/2009found this

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nytimes.com - 3/10/2009

With the Economy Stalled, Could Oil Go Lower?

— nytimes.com — Oil options traders at the New York Mercantile Exchange. The price of crude oil has been rising... for the last three weeks. (more) With the Economy Stalled, Could Oil Go Lower?

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Comments vote downundo vote up The Mess That Greenspan Made found this 3/10/2009found this

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DailyFinance today: How much does a snow day cost, oil plunges, banks can expect haircuts, and Hollywood stands to benefit from tanking economy
BloggingStocks — ... As HSBC raises money, banks can expect haircuts all around Bears still in charge as oil plunges to $40 ...

Bears still in charge as oil plunges to $40
24/7 Wall St. — ... rally. In this oil market, the bears rule. True, the bulls have their moments, but these are fleeting, like that proverbial church mouse that sneaks out for a peak from time to time, only to be chased back into its hole by the parish cat. Oil’s free fall resumed in earnest Monday, as the world’s most important commodity plummeted $4.27 to $40.45 per barrel on renewed concern that a prolonged recession in the U.S. and internationally will reduce oil demand. Read more…. ...