Monday 26 October 2009

What a Price to Pay - Michael Damian (1991)

We have added a crude oil price chart which you will now find on the right hand side of this blog. It will reflect 15-minute updates throughout the day so you can be assured of the latest read even as you check us out.

Having said that today seems to be one of those times when you might not want to check out as often how the commodity is doing given that gains from last week are being returned due to a strengthening of the US dollar. As of my entry it is down to just over $78 a barrel. This in turn is affecting the share prices of energy stocks.

Let's see whether the bulls will return this week...

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