Posts Tagged ‘West Texas Intermediate’
Gold and Oil News - November 7, 2012 22:11
Commodities Taken to Woodshed In Election Bloodbath
Equities have put in one of the worst days they’ve had in months today on the news that Barack Obama survived his recall vote yesterday. Tax rates on dividends and capital gains are likely to rise and the fiscal cliff is approaching rapidly. The truth is that there was little substantive difference between the two […]
Oil Prices Crack Below $90, Spread Widens
West Texas Intermediate crude prices fell back below $90 per barrel today as uncertainty over the situation in Spain continues to overhang the post-QEternity markets. Brent Crude held onto $108 per barrel putting the spread between them at $20, the most this year, which suggests the low WTI prices are more of an American phenomenon […]
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