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Jumat, 05 Agustus 2011

Oil Prices Bleed on European Bond Buying

April-June Natural gas prices NGc1 rose about 3 percent from year-ago levels to average $4.38 per million British thermal units. US crude oil prices CLc1 soared 32 percent to average $103.49 a barrel during the period. Plains Exploration & ProductionOil prices continued to fall for the fourth straight day, but will this trend continue? Today, the Bank of Japan announced it will expanded its monetary easing plan (USD/JPY reacted and hiked up); ECB will announce itsGas prices in Arizona

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