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Gold and Oil News - September 20, 2007 8:00
FACTBOX-Why oil prices are at a record high
FACTBOX-Why oil prices are at a record high U.S. crude oil was trading above $82 a barrel on Wednesday, after hitting an all-time high of $82.38 the previous day.Investment flows from pension and hedge funds into commodities including oil have resumed in recent months after a hiatus earlier Source: c.moreover.com AP: Oil Prices Rise to […]
British Airways to suspend Detroit-London flights
British Airways to suspend Detroit-London flights NEW YORK (Reuters) – British Airways said on Wednesday it would suspend its daily flight between Detroit and London’s Heathrow Airport in March, citing the changing nature of the U.S. auto industry. Source: feeds.reuters.com August consumer prices dip 0.1 percent WASHINGTON (Reuters) – Consumer prices unexpectedly dipped 0.1 percent […]
Stocks point to plus open after big gain (AP)
Stocks point to plus open after big gain (AP) AP – U.S. stock futures pointed toward a higher opening Wednesday as Wall Street looked to extend its rally a day after a half-point rate cut from the Federal Reserve. Source: news.yahoo.com
Oil Prices Rise to New Records (AP)
Oil futures rose to new records Tuesday after the Federal Reserve cut interest rates by a larger than expected half percentage point, raising market hopes that economic growth will accelerate and lift demand even as crude oil and gasoline inventories are tight. Read More…
Stocks set to extend gains after Fed rate cut
PARIS (Reuters) – Stock futures pointed to a higher opening on Wall Street on Wednesday, as shares continue to rally following the Federal Reserve’s aggressive interest rate cut that eased fears over the outlook for the economy. Read More…
Stocks set to extend gains after Fed rate cut (Reuters)
Stocks set to extend gains after Fed rate cut (Reuters) Reuters – Stock futures pointed to a higher opening on Wall Street on Wednesday, as shares continue to rally following the Federal Reserve's aggressive interest rate cut that eased fears over the outlook for the economy. Source: news.yahoo.com
Bharat Petroleum Seeks Sweet, Sour Crude Oil Cargoes for November Loading
Bharat Petroleum Seeks Sweet, Sour Crude Oil for November By Nesa Subrahmaniyan Sept. 19 (Bloomberg) — Bharat Petroleum Corp., India’s third-largest refiner, is seeking crude oil for loading in November, said a trader who received offer documents. Read More…
NBA hires local Microsoft boss to lead China push
NBA hires local Microsoft boss to lead China push BEIJING (Reuters) – The National Basketball Association has hired the head of Microsoft’s China operations to lead a new push into a country that is already its largest market outside the United States, the league said on Wednesday. Source: feeds.reuters.com Fed slashes interest rates to buffer […]
Asia stocks jump after Wall Street surge (AP)
AP – Asian stock markets soared Wednesday in the wake of Wall Street’s overnight surge spurred by the U.S. Federal Reserve’s larger-than-expected interest rate cut. Read More…
Oil prices surge on Fed rate cut
Oil prices surge on Fed rate cut NEW YORK (AP) — Oil futures rose to new records Tuesday after the cut interest rates by a larger than expected half percentage point, raising market hopes that economic growth will accelerate and lift demand even as crude oil and gasoline inventories Source: c.moreover.com
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