Crude Oil Posts Its Highest Weekly Gain Since September 2008 - February 27, 2011 14:36

The US crude oil future surged on Friday and reported the highest weekly gain since September 2008 over political turmoil and escalating riots in Libya. On Thursday the crude oil price reached their highest in last 2.5 years.

Gold Futures Advance in Reaction to Political Unrest in Libya - February 26, 2011 1:43

Gold futures gained in electronic trading at Comex division of New York Mercantile Exchange as the riots and political unrest escalates in Libya. Gold futures contract for February delivery moved up 0.1 percent to $1,415 per ounce on Thursday’s Asian trading session. The crisis and clashes of public with government in Libya has made investors […]

Gold moving closer to all-time high - February 26, 2011 1:41

Gold prices have slipped a bit to close out the week, but an ounce of gold is holding steady over $1,400 as a run toward late December’s all-time intraday trading high of $1,431.50 appears inevitable in the coming weeks.

Crude Oil Declines by the End of the Week on Mideast Protests - February 22, 2011 23:34

The crude oil futures witnessed correction by the end of the week on Friday and as uncertainty spread among investors over violent riots in Yemen, Bahrain and Libya. However if we look at the weekly position the US light crude oil advanced 0.7 percent while Brent crude oil surged more than 1 percent over the […]

Dollar gains on global political uncertainty - February 12, 2011 14:25

It is a amazing that despite some improving signs on the domestic economy, it is developments in Egypt that have helped prop up the dollar in early Friday (February 11) currency trade.

Gold prices rise, oil falls - February 9, 2011 16:11

Oil prices are off this week, while gold prices continue to move higher after a near term drop to $1,314.90 on January 28th.

Oil prices higher on economic outlook - February 4, 2011 14:48

Oil prices are finishing off a second week of gains Friday (February 4) as the latest round of jobs data is expected to offer hope that the US economy is improving.

Dollar weakness pervasive - February 3, 2011 13:35

Dollar weakness across the board is the central theme in currency and oil trading midweek despite relatively stronger earnings reports from companies like Time Warner and Whirpool.

Gold and oil prices slump - January 21, 2011 17:28

Strong earnings this week from some powerful companies have bolstered optimism in an economic recovery. Friday (January 21) morning, General Electric said its fourth-quarter net income was $4.5 billion (compared to $3 billion in the same quarter last year), which amounts to $.42 per share (compared to $.28 cents in the same quarter).