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Nicholas M Ong
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Blogger on various topics, Nicholas is a big WordPress fan and has been blogging since 2003.
Recent Posts Tagged With 'crude oil'
Dow Jones dives 500 points and Lehman Brothers’s $639B bankruptcy
In the Red Again, Dow Loses Triple-Digits
Oil gushes past USD135 per barrel
In yesterday’s post, oil was at USD133 per barrel. In less than 24 hours, oil is now at USD135 per barrel. Analyst have said this and that about oil prices and what not. I guess the general consensus is unless the weakening dollar strengthens, ...
Oil at USD133 per barrel
The image to the left is courtesy of FOX Business News. Very appropriate since investors are using oil to hedge against the dollar. Ok, let’s see. My last post on oil prices was on May 16 when oil hit a USD126 high. that is less than a week ago...
Oil price closes above USD126 per barrel
It just won’t stop going up. In the past weeks, Wall Street had a couple of days where the dollar strengthened and traders saw gains on the major indices. On such days, oil prices dipped but only to return higher on the next day. At US$126 per ...
Crude oil to hit US$200 per barrel
I’ve been meaning to ask this question on “how has the increasing price of oil impact your daily lives?” for weeks now. Just this week, crude oil breached the US$120 per barrel mark. Some of you will recall that I anticipated this t...
Gold on the rise as record crude fuels inflation concerns - MarketWatch
The past weekend once again demonstrated the volatility of stocks and blue chips trading. Though the dollar did strengthen pushing all the major indices upwards for 2 days at least, the steam isn’t keeping up with the record rise in hedging on ...
