Daily Energy & Bullion Insight 9-Jun-2009

Ventura Securities Ltd

fiogf49gjkf0d
Crude oil for July delivery gained as much as 1.2 percent to $68.90 a barrel in New York, and gasoline futures rose as much as 0.7 percent to $1.9488 a gallon.

Crude oil gained in New York, snapping two days of losses, as most Asian stocks rose after Nobel Prize-winning economist Paul Krugman said the U.S. recession may end this year, signaling increased energy demand.

Crude oil rose slightly above $68 a barrel on forecasts that the EIA released tomorrow will show oil inventories has declined last week which provided hopes the recession is abating.

Oil prices have more than doubled since February, in line with equities and currency markets.
Other Daily Reports & Newsletters
DAILY COMMODITY REPORT AS ON 25112011   Source: Kedia Stocks and Commodities
DAILY COMMODITY REPORT AS ON 06062011    Source: Kedia Stocks and Commodities
DAILY FOREX REPORT AS ON 06062011   Source: Kedia Stocks and Commodities
DAILY FOREX REPORT AS ON 03062011   Source: Kedia Stocks and Commodities
DAILY COMMODITY REPORT AS ON 03062011   Source: Kedia Stocks and Commodities
DAILY COMMODITY REPORT AS ON 02062011   Source: Kedia Stocks and Commodities
DAILY COMMODITY REPORT AS ON 01062011   Source: Kedia Stocks and Commodities
DAILY FOREX REPORT AS ON 01062011   Source: Kedia Stocks and Commodities
DAILY COMMODITY REPORT AS ON 24052011   Source: Kedia Stocks and Commodities
DAILY FOREX REPORT AS ON 23052011   Source: Kedia Stocks and Commodities
More Daily Reports & Newsletters from Ventura Securities L..