As Americans watch their wallets empty as quickly as gas prices climb, we all search for answers. Some experts say the seemingly endless rise in gas prices is being driven largely by oil speculation, the practice of buying and trading oil futures -- in an attempt to predict the cost of oil at a later date. Should you blame speculation for your pain at the pump?
Wall Street Journal - 15 Hours Ago
The development comes amid ongoing speculation over the health of Kuwait's financial sector and how it will be affected by the global financial crisis after ...
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Bloomberg - 20 Hours Ago
... instruments used to hedge risks or for speculation, based on the underlying prices of stocks, bonds, loans, currencies or commodities such as oil. ...
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Newsday - 21 Hours Ago
... sharp sell-off in crude oil futures and seemed to throw icy water on recent speculation that gasoline and heating fuels prices were upward bound again. ...
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Bloomberg - 22 Hours Ago
Japan’s currency gained for a fourth day versus the euro on speculation Israel’s war with Hamas in the Gaza strip will engulf other parts of the Jewish ...
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Bloomberg - 22 Hours Ago
Tokyo Electric Power Co. rose 1.3 percent, the first gain in four days, on speculation a stronger yen and cheaper oil will boost profit. ...
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Reuters - January 07, 2009
SI) may be in focus on on Thursday after oil prices slid 12 percent overnight, the largest percentage drop in seven years. US stocks suffered their worst ...
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Bloomberg - January 07, 2009
7 (Bloomberg) -- The euro rose against the dollar and the yen on speculation the European Central Bank will cut interest rates at a slower pace than its ...
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Bloomberg - January 07, 2009
The dollar traded near a three-week high versus the euro on speculation US President-elect Barack Obama’s $775 billion package of tax cuts and government ...
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Wall Street Journal - January 06, 2009
Speculation is common but is characterized differently by regulators. Vitol, along with other significant oil firms, has been under scrutiny as regulators ...
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Bloomberg - January 06, 2009
Futures also dropped on speculation that supplies rose last week. “We’re not out of the woods yet,” said Adam Sieminski, the chief energy economist at ...
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Finance and Commerce - January 06, 2009
Futures also declined on speculation that supplies rose last week. Oil for February delivery fell 21 cents, or 0.4 percent, to $48.60 a barrel at the 2:30 ...
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guardian.co.uk - January 06, 2009
The dollar jumped nearly 1.5 percent against a basket of currencies, particularly gaining against the euro, which fell sharply on speculation the European ...
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Bloomberg - January 06, 2009
6 (Bloomberg) -- US stocks gained, recouping yesterday’s losses, on speculation that a $775 billion package of tax cuts and government spending from ...
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Bloomberg - January 06, 2009
Soybeans climbed on speculation higher oil prices will increase demand for grains as a source of alternative fuel and concern that warm, dry weather will ...
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Wall Street Journal - January 06, 2009
These have all reinforced speculation, to the euro's further detriment, that the European Central Bank will have no choice but to cut its key interest rate ...
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Bloomberg - January 06, 2009
... prices advanced on speculation government spending will help ease the global recession. Petroleo Brasileiro SA, Brazil’s state-controlled oil company, ...
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Boston Globe - January 05, 2009
(Winslow Townson/Associated Press) DALLAS - Crude oil rose to a five-week high on speculation the conflict in the Gaza Strip may spread, disrupting oil ...
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Bloomberg - January 05, 2009
6 (Bloomberg) -- Japanese 10-year government bonds fell for a second day, the longest losing streak in almost a month, on speculation crude oil’s advance to ...
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Bloomberg - January 05, 2009
Chevron Corp. led a gauge of energy shares to its seventh straight advance as oil rose on speculation the conflict in the Middle East may cut supplies and ...
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Bloomberg - January 05, 2009
US stocks fell as concern that a slump in corporate profits will stretch into 2009 overshadowed speculation the government will step up efforts to revive ...
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