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[OIL FUTURES] Oil Falls for Second Day on Expectation of U.S. Inv…

Baja energy BLOG | May 12th 2008

Oil fell in New York for a second day on expectations that U.S. crude supplies probably gained for a fourth week on falling demand in the world's largest consumer. Crude supplies likely advanced by 2.5 million barrels to 325.6 million barrels in the read more

OiL PRICES: Another day, $109USD

Diario Energia |BAJAENERGY BLOG | March 11th 2008 by Manu T. Laveaga

Oil prices topped $109 a barrel for the first time today as investors sought refuge from the anemic dollar. Speculation that rising prices for oil and other commodities will offset the falling dollar has driven oil up from $87 a barrel in January. O read more

OiL PRICES: It is hit $102 as dollar sinks against Euro

Baja energy BLOG | February 27th 2008

Oil prices broke through a new intraday high of $102 a barrel today as a slide in the U.S. dollar prompted investors to pump more money into energy futures as a hedge against inflation. The dollar sank to a record low against the euro after the rele read more

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