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Oil Surges to Highest Price in 29 Months on Mideast Unrest, Supply Concern Bloomberg By Margot Habiby - Tue Mar 01 21:45:38 GMT 2011 March 1 (Bloomberg) -- Michael Yoshikami, chief investment strategist at YCMNet Advisors, talks about the surge in oil prices and the possible impact on the US economy. Crude oil jumped 2.7 percent today ... See all stories on this topic » | ||
Gold Futures Surge to Record on Demand for Haven Amid Middle East Turmoil Bloomberg Protests spread in the region, partly because food prices have soared. Crude oil in New York topped $100 a barrel today as Iranian protesters clashed with security forces in Tehran. Gold rose for the 10th time in 11 sessions. "The continued violence in ... See all stories on this topic » | ||
Tug-of-war over fuel price Calcutta Telegraph New Delhi, March 1: State-owned oil companies today said they wanted to hike petrol prices by Rs 2 a litre, a day after the budget failed to announce any measure to stem revenue losses. However, with five states going to the polls in April and May, ... See all stories on this topic » | ||
Japanese Stock Futures, Australian Shares Fall as Oil Surges; BHP Declines Bloomberg Futures on the Standard & Poor's 500 Index dropped 0.3 percent today. The index slipped 1.6 percent yesterday in New York as concern over surging oil prices overshadowed a report showing US manufacturing grew at its fastest pace in almost seven years ... See all stories on this topic » | ||
Stocks Stumble After Bernanke Sounds Cautious Tone On Oil Prices Forbes ... reassurance from Federal Reserve Chairman Ben Bernanke that the recent spike in oil prices wouldn't impact the US economy just yet. Bernanke was speaking before the Senate Banking Committee. Meanwhile, oil is trading at around $98 a barrel today. ... See all stories on this topic » | ||
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Forecasters Lining Up Behind Oil's Continued Run Barron's (blog) Still, the market will struggle as people are more concerned about oil than the strength of the US economy." A bulletin sent to clients today by Birinyi Associates notes that WTI prices reflect contracts settling in Cushing, Okla., home to North ... See all stories on this topic » |
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