1. QUOTE from:
    Oil prices flirt with record high close to US$106
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    With the troubled US dollar foremost in traders' minds, all eyes will be on a crucial US jobs report later Friday that could further punish the greenback and drive oil prices higher, analysts said. "The well planned scenario for today is for weak US employment number, further fall in the dollar and further gains in oil" said PetroMatrix analyst Olivier Jakob. Full Article at Channel News Asia
    The well planned scenario for today is for weak US employment number, further fall in the dollar and further gains in oil
    SOURCE: Channel News Asia 21 months ago
All quotes from:
Oil prices flirt with record high close to US$106
  1. The weaker dollar is still providing support for most dollar-denominated commodities, as they become relatively cheaper for foreign investors and with many using commodities as a hedge against inflation.
    SOURCE: Channel News Asia 21 months ago
  2. The dollar is continuing to slide, with the greenback reaching a fresh record low
    SOURCE: Channel News Asia 21 months ago
  3. The commodity boom continues with oil, gold and copper all hitting fresh highs. I see this trend continuing at present
    SOURCE: Channel News Asia 21 months ago

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