Daily Archives: 29. October 2008

Crude Oil Up 10% –

Crude oil shot up almost 10% today as the central bank cut rates.  This is expected to have the effect of increasing demand for oil.  Opec is also expected to cut production at the next meeting. To view a related article, … Continue reading

Posted in Banking, Economic News, General, Interest Rates, Investments, Oil, OPEC, Options & Futures, Regulatory | Leave a comment