Oil Price Peaks And Slides

Crude Investing News reports oil prices sliding and peaking at various periods.

Oil prices soared higher on the prospects of a rebound in energy demand. “The market thinks the worse is behind us and that we’re heading toward recovery at the end of the year, early next year,” Fitzpatrick said. Spreading worldwide recession has ravaged energy demand and slashed oil prices from their record peaks of above $147 last July. Investors bought into oil despite some very bearish supply numbers released by the government

On Friday, oil prices settled above $52 a barrel, slightly lower on the day after a report that US unemployment in March soared to a 25-year high. But optimism that the economy will soon turn around curtailed losses.

 

Get the Latest Resource Investing Stock Information

Get the latest information about companies associated with Resource Investing delivered directly to your inbox.

Cannabis
Cobalt
Copper
Copper - Mine Development
Copper - Prospecting and Exploration
Copper - Resource Definition/Pre Feasibility
Copper - Resource Expansion/Feasibility Study/PEA
Copper- Production/Mining
Critical Metals
Diamond
Gem
Gold Mine Development
Gold Production/Mining
Gold Project Generators
Gold Prospecting and Exploration
Gold Resource Definition/Pre Feasibility
Gold Resource Expansion/Feasibility Study/PEA
Graphite Production/Mining
Graphite Prospecting and Exploration
Graphite Resource Definition/Pre Feasibility
Graphite Resource Expansion/Feasibility Study/PEA
Industrial
Lead
Lithium
Magnesium
Molybdenum
Nickel
Palladium
Platinum
Potash
Precious
Rare Earth
Silver $0-15m
Silver $15-50m
Silver $250m+
Silver $50-250m
Tungsten
Uranium
Zinc

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Comments

Leave a Reply