Phil Flynn

Alarm As US Hit By Jobless Jump

sky.com     05-Sep-2008   30 related          

3:10pm UK, Friday September 05, 2008 The US has been rocked by a huge jump in unemployment last month, sending alarm bells ringing for the global economy. Higher-than-expected jobless figures are a grim sign for global...                    

Oil prices off their lows

cnn.com     04-Sep-2008   518 related          

Futures sink as traders remain wary of softening demand despite a government report that showed a surprise decline in crude supplies. Last week's decline in imports reflects the industry's preparation for Hurricane Gustav,...                    

Natural Gas Drops Following Inventory Release

economicnews.ca     04-Sep-2008          

Natural gas futures contracts continued their morning-long downtrend on Thursday despite the release of weekly inventories coming in line with expectations. Natural gas is down $0.081 mmbtu to $7.177 after underground...                    

Commodities bubble burns big investment funds

iht.com     03-Sep-2008   30 related          

Commodities bubble burns big investment funds : The deflating commodities bubble is claiming its first casualties as large investment funds absorb staggering losses from bad bets that prices for oil, precious metals and...                    

Oil drops $4 as weakened Gustav hits U.S. Gulf Coast

reuters.co.uk     02-Sep-2008   3,321 related          

By Matthew Robinson LONDON (Reuters) - Oil plunged more than $4 on Monday as concerns that Hurricane Gustav would cause lasting damage to the U.S. oil sector eased after the storm weakened before hitting the Louisiana...                    

Relief for oil traders as Hurricane Gustav weakens

telegraph.co.uk     02-Sep-2008   32 related          

By David Litterick Oil continued its retreat as Hurricane Gustav weakened before hitting the Louisiana coast and traders breathed a sigh of relief that a potential disaster which would have savaged US oil production had...                    

Oil market waiting on Gustav

cnn.com     01-Sep-2008   165 related          

Crude spikes then falls as hurricane bears down on region that is home to 25% of U.S. crude production and 56% of imports. As Hurricane Gustav neared the Gulf coast Monday, oil prices fell after spiking more than $3 on...                    

UPDATE 7-Oil drops $4 as weakened Gustav hits US Gulf Coast

finance.cz     01-Sep-2008   55 related          

Gustav weakens to Category 2 as it hits Louisiana coast * Most U.S. Gulf oil output, nine refineries shut * Iran says $100 a barrel lowest acceptable price (Updates prices, Gustav details throughout) By Matthew Robinson...                    

Oil jumps on Gustav threat

cnn.com     31-Aug-2008   13 related          

Crude rises during a special electronic trading session . Oil prices rose in a special Sunday afternoon trading session as the world oil market reacted to the gathering threat of Hurricane Gustav. Gustav, a Category 4...                    

It may be too soon to exit oil-dollar bet

indiatimes.com     29-Aug-2008          

NEW YORK: The long oil/short dollar bet may be off the table for now as energy prices ease and the US currency rises, but inflation and inherent risks in commodities supply could bring this popular trade back. For over a...                    

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