Crude oil prices may fall

By Pete Southern in Gold and Oil News | October 22, 2007 8:00 |

Crude oil prices may fall
NEW YORK: Crude oil may fall after hitting a record of more than US$90 a barrel, according to a report by analysts at Morgan Stanley. “Crude oil prices have overshot their fundamentals and are likely to come down sharply,” said Eric Chaney and Richard
Source: c.moreover.com

Commodities boom unstoppable
IRON ore and coal prices are taking another massive leap as Chinese, Indian and Japanese steel mills fret that they will not be able to get enough to meet their needs. It is an unexpected boost, which will put the Reserve Bank under pressure to raise
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.



Most Popular Content

Currency Articles - Nov 3, 2024 13:35 - 0 Comments

Pressure Mounts on the British Pound Following Autumn Budget

More In Currency Articles


Gold and Oil News - May 5, 2025 13:10 - 0 Comments

Crude Oil Prices Keep Sliding as Opec Floods Market

More In Gold and Oil News


LiveWire Economics Blog, Shares and Markets - Jun 11, 2025 21:37 - 0 Comments

Dow Jones and US Stocks Take a Breather as Inflation Cools and Trade Talks Reignite

More In Shares and Markets