Bloomberg: Opinion snippets on oil futures

Crude oil price rose to a record on supply concerns from Nigeria and higher Asian demand. Comments on oil prices from Larry Chorn of Platts, Commodity Warrants Australia's Peter McGuire, Australia & New Zealand Banking Group Ltd.'s Mark Pervan, BP Capital LLC's Boone Pickens, Societe Generale SA's Mike Wittner, Moncrief Willingham Energy Advisers' B.J. Willingham, Oppenheimer & Co.'s Fadel Gheit and BGC Partners LP's Howard Wheeldon.

James Halloran, an energy analyst at National City Private Client Group, talks with Bloomberg's Matt Miller from Cleveland about some of the reasons for today's poor performance of energy stocks, despite record oil prices, and evidence of a change in consumer demand for fuel.

Category:

News & Politics

Tags:

• Dollar
• oil
• commodity
• inflation
• hedge
• investment
• portfolio
• Stagflation
• China
• US
• Euro
• recession
• Russia
• surplus
• capital
• EC

[seneca67]

I wonder if that dipshit understands that the way demand goes down is by people loosing their jobs, which results in less commuters. Remember, Saudi already increased supply, and the prices still went up!. Wake up people, the market is being manipulated,a nd it is time to nationalize!

[vitten]

these boys keep forgeting about the growing demand of China AN India they want all we have an who are we to tell them know!

[sh200kr]

damn!

[2resist]

200 soon and the sky is the limit