Posts Tagged ‘ICE dollar index DXY’
Gold and Oil News - October 9, 2012 23:58
Crude Oil Declines on Global Demand Uncertainty
Crude oil futures declined on Monday as investors remained uncertain over global demand of oil in reaction to slow Chinese economic growth. The World Bank on Monday reduced its growth forecasts for the East Asia and the Pacific region which created concerns over economic activity in the regions. The World Bank also indicated that Chinese […]
Energy Information Administration Reports Increase of 2.1 million Barrels in Oil Supplies
Energy Information Administration released its inventories report on Wednesday which reported gain of 2.1 million barrels in crude oil inventories for the week ending May 11th, 2012. Analysts were expecting the increase of 1.5 million barrels in crude oil supplies. EIA also reported gasoline stockpiles which fell 2.8 million barrels while analysts expected decrease of […]
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