Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
Gold & Silver Prices
ArticlesNewsFlowGold & Silver PricesMarket Briefing

Oil Is Creeping Higher Just About Every Day

IMG Auteur
Tim Iacono
The Mess that Greenspan Made
Published : January 25th, 2013
143 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
FOLLOW : Dollar Oil
Disclaimer
Category : Opinions and Analysis

Few seem to have noticed, but energy prices just keep moving higher, almost every day. This morning, WTI crude oil hit $97 a barrel for the first time since the September sell-0ff and, all of a sudden, wholesale gasoline prices are back at their September level when pump prices were 50 cents higher than they are now.

Inventory remains quite high in Cushing, Oklahoma and the reason cited for this afternoon’s sell-off that took the oil price down more than a dollar a barrel was that a pipeline shutdown in the area might drive oil stockpiles even higher. Maybe the recent rise in the oil price has something to do with all that Fed money printing that, as of the first of the year, about doubled to $85 billion per month.

Signup now to access Tim Iacono's personal model portfolio and stock picks.
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
WebsiteSubscribe to his services
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Gold Editorials | Gold Resource News | Gold Fundamental | Gold Discoveries and Drilling Results | Gold Exploration and drilling | Gold In the News and Medias | Gold Most Read Press Releases | List of Copper mining companies | List of Lithium mining companies | List of Lead mining companies | List of Nickel mining companies | List of Zinc mining companies | List of Gold mining companies | List of Silver mining companies | List of Platinum mining companies | List of Diamonds mining companies | 金銀市價 | सोने_की_कीमत_और_रजत | Precio del oro y plata | أسعار_الذهب_الفضة | ราคาทองคำและเงิน | gold und silberwechselkurs
Contact us Privacy policy Disclaimer About us
copyright 24hGold
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.