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Crude prices finally came out of the shell. For the last couple of months prices were hovering in the range of $65-75. Last week it broke the confined range to make a high of $78.75 for the first tim
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October 25 1881: Pablo Ruiz Picasso,one of the most influential artists of the 20th century, was born. He is best known for co-founding the Cubist movement. 2004: Fidel Castro, Cuba s President, anno
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After the low period of the financial crisis, the benchmark prices of crude oil (Brent, WTI and Dubai) started moving along an upward secular trend from May. And except for a brief jolt between July
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NEW YORK (Reuters) - The U.S. dollar rose and global stocks fell on Friday as energy shares followed crude prices lower and investors worried about the pace of a fledgling U.S. recovery.
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SINGAPORE (Reuters) - The dollar's plunge has prompted Asian central banks to intervene to curb strength in their currencies and support exports, but they may change tack in 2010 to rely on currency
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NEW YORK (Reuters) - Oil prices may surge to $100 a barrel sometime in the next two quarters as the U.S. dollar weakens against the euro, Deutsche Bank energy economist Adam Sieminski said Friday.
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LONDON (Reuters) - World stocks broke a three-day losing run on Friday and hovered near their 12-month high, boosted by the Dow's return above 10,000 points, while the dollar briefly touched a new lo
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MUMBAI (Reuters) - The rupee trimmed gains in the afternoon session on Friday as domestic shares dropped early gains, but some dollar strength versus major units also weighed.
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