The political uprisings in the oil-rich region of the Middle East and North Africa are pushing oil prices to a dangerous level that threatens to force many still recovering economies into another recession. Wayne Atwell, Managing Director of Casimir Capital, spoke with Oil Investing News, a part of The Resource Investing News Network, about the possible implications for the resource markets.
Tuesday, January 4, 2011
Bloomberg reports that oil fell as the dollar advanced following an increase in American factory orders.
Continue reading "Gold, Oil, Copper, Slump as Dollar Gains"
Monday, October 26, 2009
All eyes are on oil majors, as they battle a refining slump. BP reports results Tuesday, followed by Conoco on Wednesday, Exxon and Shell on Thursday, and Chevron on Friday. Though the sector is up 20 per cent, refineries are struggling as demand remains limp. Is there a way out?
Continue reading "Down, Down, Down For Oil Majors?"
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Thursday, March 3, 2011