News
Oil prices rise 4% Brent
crude, used to
price many international types of
oil, gained $4.11, or 4%, to settle at $106.68 per barrel on the ICE Futures exchange in London. Andrew Lebow, MF Global senior vice president, said he expects
oil prices to swing from gains to
... read moreOil futures extend gains in Asian trading He said depressed
crude prices were “the first step in the road to real recovery.” “Not a recovery that's based on stimulus from the US, but a recovery that's based on real asset
prices, and real
prices that have been able to clear the market
... read moreGas Prices Are Expected to Drop Big Time, But When? Crude oil prices have dropped sharply over the past two weeks, and since retail gasoline rates follow the lead of crude, prices at the pump are expected to plummet going forward. When will drivers start seeing cheaper prices at gas stations?
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