Market Analysis

Fundamental

Technical

Futures

Central Banks

Forex Brokers

Trading Tools

More Tools

 

Crude oil dips but rebounds on late trading

08-07-2008 - Finotec  |   Futures Fundamental
Rate this article:
Currently 0.00/5
Rating: 0.0/5 (0 votes cast)
Previous Analysis | Next Analysis 
 
Text Size
Print
Email
Add a Comment
Add to Favorites

Crude oil fell more than $2 a barrel amid signs economic growth is slowing across Europe because of record commodity prices, which may curtail energy demand

Crude oil fell more than $2 a barrel amid signs economic growth is slowing across Europe because of record commodity prices, which may curtail energy demand. Oil dropped for the first session in four to $139.500 as German production, adjusted for seasonal swings, fell 2.4 percent from April, the biggest decline since February 1999, and the index of U.K. manufacturing production unexpectedly decreased to the lowest since September, slipping 0.5 percent from a month ago. Crude has since erased its losses and recovered back to $143 on bad figures out of the U.S stock market.
Content Provided by:
Finotec
Derivative and forex trading broker Finotec is a division of leading real-time Internet trading company Finotec Trading Inc, which pioneered the world of online forex trading in 1998. After launching our revolutionary forex online trading platform in 2001, we continued to improve our services and no...
 
Become a member and get 6 free Forex courses by OTA!

 
  • Charts
Forex pairs
 
  • Promotions
 
 

 
  • Webmaster Tools
Economic Calendar
Interest Rates
RSS
Live Currency Cross Rates
Exchange Rates Table
 
 
  • Survey

Which is the most important aspect when choosing a broker?

Fast withdraws
Leverage
Regulation
Technical Support

 
ForexPros.com Newsletter
 

 
  • Sponsored Links
 
 

Special Offers: