Commodity Watch

Crude Oil

msnbc.com: Oil & Energy

Gas prices’ run likely won’t top $3 a gallon (Wed, 10 Mar 2010)
As the economy recovers, energy prices are rising and that is placing extra strain on families' budgets.
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Chevron to shed 2,000 jobs this year (Tue, 09 Mar 2010)
Chevron Corp. says it will cut 2,000 jobs this year and will continue reducing its work force through 2011.
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Average cost of gas matches its high for the year (Mon, 08 Mar 2010)
In this March 5, 2010 photo, an overview of the ConocoPhillips oil refinery is seen in Rodeo, Calif. Oil prices headed higher toward $82 a barrel Monday, March 8, extending gains from last week amid signs the global economy may be improving. (AP Photo/Ben Margot)Motorists are well down the road to higher pump prices as warmer weather and the driving season approach.

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Gold

Commodity Online Bullion News

NCDEX to cut trade time in non agri commodities (Wed, 10 Mar 2010)
India s commodity bourse National Commodity Derivatives Exchange Ltd (NCDEX) said on Wednesday that it will reduce trading time by 25 minutes for non agri commodities trading in order to save daylight timing.
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Gold advances in Asia as euro gains (Wed, 10 Mar 2010)
Gold prices showed signs of recovery in Asian trade Wednesday after the euro bounced slightly higher against the dollar.
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Ultra ETFs: What is the trap hidden inside? (Wed, 10 Mar 2010)
You see these ultra ETFs aren't designed for long term investing. History shows that many of them actually lose money when the market rises over a period of several months. And when the market moves lower over the same period. That's because they reset on a daily basis... meaning you need a continuous sustained move in one direction to really make money.
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