Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Energy Futures Rise Slightly


MICHAEL BUSBY, Northville Industries, Melville, N.Y.: Energy futures rose bit but finished off highs as OPEC, NOPEC members met in Vienna bit did not issue news release... most expect 750,000 to 1,000,000 reduction next month...White House did not confirm speculation Bush to fill Strategic Petroleum Reserve... might do it but don't know how they going to structure it... might work deal with Saudis over cuts, storage...see crude drifting sideways in $22 area short term.

Precious Metals Are A Bit Higher

WILLIAM O'NEILL, Merrill Lynch, Princeton, N.J: Gold, metals higher as dollar slides, euro turns around from recent slide... Argentine debt problems having minimal impact on gold; it's no shock... gold in $275 to $287 intermediate trading range... traders at LME meeting last week very concerned about German economic decline; fear it worse than figures show... commodities overall focused on demand...Silver, a lagging parasite, following gold.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus