Oil Hovers Around $85 on OPEC Hike, Economic Woes

By Pete Southern in Gold and Oil News | October 24, 2007 12:00 |

Oil Hovers Around $85 on OPEC Hike, Economic Woes
Oil & Gas, CommoditiesBy ReutersOil retreated below $85 a barrel on Wednesday, falling for the fourth consecutive session on forecasts that U.S. crude inventories likely rose again and on signs that OPEC was already boosting oil supply.U.S. light, sweet
Source: c.moreover.com

Ghana projects 650 000 tonnes of cocoa
main cocoa crop season has opened with the Ghana Cocoa Board, the industry regulator, projecting production of 650 000 tonnes for the period. “Our estimates are based on the projection of rainfall for the period and the figures may be revised in line
Source: c.moreover.com

Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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