LONDON: The world faces an oil supply crunch within the next five years, British business leaders led by Virgin tycoon Richard Branson warned on Wednesday.
The rate at which oil is produced risks hitting a peak by 2015, sparking a surge in crude prices and living costs, said a report from the UK Industry Taskforce on [...]

global markets, oil Hide

VIENNA: The OPEC oil producers’ cartel held its forecast for modest growth in world oil demand this year on Wednesday, but warned the slow pace of economic recovery was clouding the outlook.
“The slow pace of the recovery in the world economy in 2010 is putting pressure on oil demand,” the Organization of Petroleum Exporting Countries [...]

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Think the TARP tax rocked the market? That doesn’t compare to the next possible jolt it may get.
But don’t panic –  this jolt should be bullish and take the market higher.
Now make no mistake – this is strictly chatter from the forex markets and they’re “the Wild West,” explains top trader Brian Kelly of Kanundrum. A [...]

China, forex, inflation, Interest rates, investments, stock market Hide

Fresh worries are emerging that prices of commodities, including energy, could nip incipient growth in the bud.
INVESTORS and speculators are shrugging off the generally muted expectations of economic growth among economists, and betting on a further upturn in prices of commodities. Underlying this optimism is a benign view of global economic growth that may well [...]

caution, commodity prices, inflation, investments Hide