OPEC rules out production increase
OPEC rules out production increase
OPEC Secretary General Salim al-Badri made this statement while responding to a call by US Energy Secretary Samuel Bodman, who Tuesday asked OPEC to increase its crude oil output to meet falling stock levels and spiralling prices. Al-Badri said there was
Source: c.moreover.com
AP: Soybean prices jump as crude oil rebounds and raises the appeal of soybean-based biofuels
NEW YORK (AP) – Soybean prices surged Wednesday as crude oil and gasoline prices climbed, making fuels such as soybean oil-based biodiesel more attractive as an alternative.Agricultural futures moved broadly higher as oil rebounded from a sharp decline a
Source: c.moreover.com
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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