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Author Topic: COMMODITIES-US oil up on pipeline news; copper up too, gold down Back to Topics
mainenightowl
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Maine

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Message Posted: Jan 24, 2013 7:06:34 PM

NEW YORK, Jan 24 (Reuters) - U.S. oil prices rose on Thursday, as news that a troubled crude pipeline could be restored soon triggered a rebound from the previous session's losses, while copper closed higher due to strong global economic data.
Gold notched its sharpest drop in three weeks after failing several times to break above technical resistance.
In crop markets, cocoa hit seven-month lows on worries of thinning demand after chocolate-makers finished preparations for Valentine candy.
Visit Reuters for full article
REPLIES (newest first) Post a Reply
eomc17
Champion Author Tucson

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Message Posted: Jan 26, 2013 5:37:18 AM

The EXCUSE for the jump in oil prices due to the pipeline is completely BOGUS. Hey OBOZO, when are you planning to regulate these speculators, you BIG PHONY LIAR IN CHIEF????
DrCashFlow
Champion Author Massachusetts

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Message Posted: Jan 26, 2013 5:21:48 AM

pipelines and refineries. there's always something
bwatchingu
Champion Author Arkansas

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Message Posted: Jan 25, 2013 2:08:16 PM

excuses
doctorindyj
Champion Author Santa Fe

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Message Posted: Jan 25, 2013 11:33:08 AM

It's up and it's down. Mostly up. If you thought copper stealing was bad before it is probably going to get worse now.
WalkingWV
Champion Author West Virginia

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Message Posted: Jan 25, 2013 11:31:37 AM

Gas is up 35¢ here, $3.49!
fora_7
Champion Author Montreal

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Message Posted: Jan 25, 2013 7:18:17 AM

gas have gone quite up in the last days
flnobody
Champion Author Florida

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Message Posted: Jan 25, 2013 12:22:15 AM

"U.S. oil prices rose on Thursday, as news that a troubled crude pipeline could be restored soon triggered a rebound from the previous session's losses,"

I've always have been told. More oil means cheaper prices. HMMM, seems the gop and the oil company's have been lying. ò¿ó
davenles
Champion Author Texas

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Message Posted: Jan 24, 2013 10:41:35 PM

Screw oil, invest in chocolate. Corner the world's sweet tooth.
Night Owl
Champion Author Toronto

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Message Posted: Jan 24, 2013 10:14:55 PM

Greedy Wall Street oil speculators.
graceman
Champion Author Baltimore

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Message Posted: Jan 24, 2013 9:48:56 PM

What does this have to do with gas prices?
YumaFellow
Champion Author Arizona

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Message Posted: Jan 24, 2013 8:21:54 PM

Let's see….an oil pipeline is coming back online. That means more oil available. So the price goes up on that news? Usually more supply leads to a glut and prices go down. So…is there any reason to believe anything other than oil prices are a result of manipulation by the hedge fund managers and speculators?
TomT2Lee
Champion Author Cincinnati

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Message Posted: Jan 24, 2013 8:09:11 PM

and the beat goes on...
humblepie
Champion Author Toledo

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Message Posted: Jan 24, 2013 7:09:46 PM

oil is up just because its oil........duh
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