ft.com - 1/13/2009
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Oil prices continued to retreat, dropping below the $37 a barrel level, while base metals fell and gold eased as commodity markets staged a broad based retreat on Tuesday as more weak economic data pointed to a deepening global economic downturn. Nymex February West Texas Intermediate dropped ...
ritholtz.com - 1/12/2009
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ritholtz.com —
Yesterday’s 60 Minutes had a story on Oil
Speculation. Its not that they said anything wrong, its...
more that they told 10% of the story of the rise and fall of energy prices. Surprisingly thin, it completely missed all of the many other factors ...
(more)
Oil Speculation ?
ft.com - 1/19/2009
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ft.com —
Published: January 18 2009 23:33 | Last updated:
January 18 2009 23:33 Oil traders are quietly pricing...
some of their deals away from the West Texas Intermediate contract, traditionally the world’s most important oil benchmark, as it is being distorted ...
(more)
FT.com / MARKETS / Commodities - Signs of shift away ...
nytimes.com - 1/16/2009
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nytimes.com —
As demand for oil has plunged, companies up
and down the energy pipeline are acting in ways...
that would have been unimaginable until recently. >
(more)
Where Is Oil Going Next?
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Lunch Wrap
FT Alphaville —
... risk and the bond bubble - Signs of life in the corporate bond market - Why Citi’s selling - BlueGold coins it - Every commodity crash has a silver lining - Gold (sub) standard - Land grab - The ECB’s secret weakening - Reporting best practice on Markets Live On FT.com - RBS close to selling China bank sale - Weak pound fails to narrow trade gap - New Zealand dollar hit by S&P warning - Oil sinks below $37 as commodities retreat - Financials tumble ahead of end to short ...
Oil Sinks Below $37 as Commodities Retreat
Trader Daily Combined Feed —
... the delivery point for WTI which is a physically settled contract. Large amounts of crude oil have also been stored in offshore tankers but oil companies have started to deliver those supplies to the US mainland following the end of the tax year. Some traders expect further deliveries of crude from offshore tankers to Cushing to be evident in the next set of US weekly inventories data, due for release on Wednesday.
ICE February Brent lost 30 cents at $42.61 a barrel.
Continue reading on FT.com
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