JAMES E VAN BLARICUM, JAMES VAN BLARICUM, SIGNAL OIL AND GAS, JIM E VAN BLARICUM http://jimevanblaricum.busythumbs.com/ Sat, 21 Nov 2009 19:52:58 +0000 FeedCreator 1.7.2 http://jimevanblaricum.busythumbs.com/entry_id/654286/action/viewentry/ Jim E Van Blaricum - Oil price down as Iraq fear eases <br /> <br /> Global oil prices have fallen in Friday trading on the news that an attack on an Iraqi export pipeline was not as serious as earlier thought. <br /> <br /> The price of benchmark US light sweet crude fell $1.96 to settle at $105.62 a barrel while Brent crude lost $1.23 to $103.77 at end of London's <br /> trading day. <br /> <br /> "The [Iraqi] problem is not as serious as we thought," said oil analyst David Johnson of Macquarie Research. Signal Oil and Gas<br /> <br /> A slightly stronger dollar had also lessened demand, analysts said. <br /> <br /> Banking worries - James Van Blaricum<br /> <br /> The attack on the pipeline in Basra came earlier in the week as Iraqi government forces continued their assault on militias in the city and <br /> <br /> surrounding areas. Signal Oil and Gas<br /> <br /> Last week US light crude hit a record high of $109.72 a barrel, driven by the continuing weak dollar. <br /> <br /> Meanwhile the dollar was volatile in Friday trading, as continuing worries over the health of the US banking sector was tempered by positive news <br /> <br /> that the rate at which commercial banks lend to each other had come down slightly. James Van Blaricum<br /> <br /> A weaker dollar generally increases the price of commodities such as oil and gold, as investors see them as a haven for their funds. <br /> <br /> The dollar had edged higher against the euro and the pound, erasing earlier falls. Jim E Van Blaricum<br /> <br /> One euro was worth $1.5797, while sterling dropped below $2 at $1.9948. <br /> <br /> But the dollar's gains were expected to be short-lived ahead of a week brimming with key US economic data, including March employment figures. <br /> <br /> The dollar hit a record low against the euro of $1.5904 earlier this month. <br /> <br /> http://www.myspace.com/jim_van_blaricum<br /> http://www.squidoo.com/jim-van-blaricum<br /> http://blogs.ign.com/jim_van_blaricum/<br /> http://www.linkedin.com/in/jamesvanblaricum<br /> http://www.soulcast.com/jim_van_blaricum/<br /> http://blogs.ign.com/james-van-blaricum/<br /> http://jimvanblaricum.tblog.com/post/1969982937<br /> http://signaloilandgas.tblog.com/post/1969985220<br /> http://journals.aol.com/jamesvanblaricum/james-van-blaricum/<br /> http://signal-oil.weebly.com/<br /> http://signal-oil.ireporter.tv/<br /> <br /> <br /> <br /> <br /> <br /> http://www.signaloilandgas.com <br /> http://www.jim-van-blaricum.net <br /> http://www.jim-van-blaricum.org <br /> http://www.jimvanblaricum.net <br /> http://www.jimvanblaricum.org<br /> http://www.signal-oil-and-gas.com <br /> http://www.signaloilandgas.net <br /> http://www.signaloilandgas.org <br /> http://www.jim-van-blaricum.com <br /> http://www.james-van-blaricum.com <br /> http://www.jamesvanblaricum.net <br /> http://www.oil-signaloil.com<br /> http://www.oil-jimvanblaricum.com<br /> http://www.gas-signaloil.com<br /> http://www.gas-jimvanblaricum.com<br /> jimevanblaricum @ BusyThumbs Tue, 06 May 2008 07:28:35 +0000