Daily Energy & Bullion Insight 9-Jun-2009
Summary
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 Newsletters
Daily Nifty Observer 09 03 2010   Source: Centre for Equity and Economic Research
Weekly Zinc Update (CMP-105.9) Chart as on March 5th 2010    Source: Centre for Equity and Economic Research
Weekly Lead Update (CMP- 101.3) Chart as on March 5th, 2010    Source: Centre for Equity and Economic Research
Weekly Gold Update (CMP- 16901) Chart as on March 5th, 2010    Source: Centre for Equity and Economic Research
Daily Nify Observer   Source: Centre for Equity and Economic Research
Weekly Crude Oil Update (CMP - 3724) -Chart as on March 5th, 2010    Source: Centre for Equity and Economic Research
Weekly Copper Update (CMP- 343.45)- Chart as on March 5th, 2010   Source: Centre for Equity and Economic Research
Weekly Aluminium Update (CMP-100.50) Chart as on March 05th, 2010    Source: Centre for Equity and Economic Research
Daily nifty observer   Source: Centre for Equity and Economic Research
Daily Nifty Observer   Source: Centre for Equity and Economic Research