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Oil Market Summary for 03/15/2010 to 03/19/2010

Crude oil futures kept falling back from highs even though speculative funds increased their bets that prices are headed higher. The benchmark West Texas Intermediate contract ended the week at $80.68 a barrel, after nearing $83 earlier in the week, compared to $81.24 a week ago.

Recently, the Federal Reserve raised the discount rate after nearly 14 months from 0.5% to 0.75%. This article explains if more rate hikes in store and what this rate hike means for stock, bond, commodity, and cash investments. Read Federal Reserve Discount Rate and Your Investment Decisions .

Natural gas prices ended lower last week despite slightly supportive weekly inventory data and cold weather forecasts in the US, as a slide in crude and more bad economic news pressured prices.

Losing the Red Queen's Race

Posted by Oilprice.com on February 17th, 2010

The Red Queen's Race is an apt analogy for the meltdown in assets and debt now swamping the global economy.

Fed Chooses to Exit through Eye of Needle

Posted by Oilprice.com on February 16th, 2010

Ben Bernanke is making sure the Fed’s exit strategy goes as easily as a camel can pass through the eye of a needle. Instead of choosing to just sell assets and unwind the amount of securities it holds, the Fed chairman is seeking to be creative once again—as he was in the buildup of its balance sheet--and increase the amount of interest it pays on excess reserves.

I never contemplate the 'details' of energy wars, and that means the kind predicted for the future by Len Gould, as well as the one that Alan Greenspan - the former director of the United States central bank (or Federal Reserve System) - believes began in 2003, and to a limited extent is still taking place.

Greatly Exaggerated

Posted by Oilprice.com on February 8th, 2010

The U.S. Dollar is Finally Getting Invited Back to the Investment Party

The buck is up 6% against the euro in the last three weeks. Notwithstanding problems in Greece and Spain, and the attendant complications for the E.U., this is a pretty good performance.

Illustrating an important lesson. Don't count the dollar out too soon.

Daily Market Summary

Posted by Oilprice.com on January 26th, 2010

U.S. markets calmed Monday on good earnings news but Asian markets remained roiled overnight, down about 2 percent across the region. The Yen rose, reflecting a flight to safety as reports continued to circulate that China was tightening bank credit to pump the economic brakes.

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