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    News and Articles on Futures

    Archives: Futures

    Canadian Stocks Fall as Energy Shares Drop With Oil Prices; TD Bank Falls  Nov 21, 2009
    13 as lumber futures declined for a third day. slid 1. (Bloomberg -- Canada)

    Is it time to completely decontrol the sugar sector?  Nov 21, 2009
    ICE benchmark March raw sugar futures on Thursday fell 0. 56 cent to settle at 22. (India Times)

    Paly students face suspensions for egg fight  Nov 21, 2009
    Don't ruin kids' college futures because they threw some eggs ... It is unreasonable to jeopardize the futures of students who participate in an ongoing tradition in which they assume they can get away with this given the precedent that was set in the past ... If people are so worried about the "ruined futures" of these so called students has anyone bothered to think that their old enough to know right from wrong. (Palo Alto Online, CA)

    Stocks Slip on Dell Earnings  Nov 21, 2009
    Energy issues sank along with crude oil futures ... December gold futures, which fell at the outset Friday as the dollar index rose, were up $6 ... December West Texas Intermediate crude oil futures were lower at $76. (BusinessWeek)

    German Government Bonds Set for Weekly Gain on View Stocks Rally May Stall  Nov 21, 2009
    Traders reduced bets this month on an increase in interest rates by the European Central Bank, with the yield on the Euribor futures contract expiring in June sliding to 1. 12 percent today, from 1. (Bloomberg -- Germany)

    Students deserve a quality education  Nov 21, 2009
    It is becoming increasingly apparent that our children's education and futures are being jeopardized because our elected officials have drawn a line in the sand when it comes to providing a stable funding plan for our schools ... The bickering and unyielding positions are ultimately threatening not only our children's futures but the economic recovery of our state. (Shelby Twp Advisor & Source, MI)

    Natural gas plunges 12% this month  Nov 21, 2009
    With so much in storage, natural gas futures prices have plunged on the. The December contract fell from $5. (USA Today -- Money)

    Stocks fall for 3rd day as traders cash in gains  Nov 21, 2009
    The ICE Futures US dollar index, which measures the dollar against other major currencies, rose 0. 4. (USA Today -- Money)

    Sunil Duggal, CEO, Dabur India  Nov 21, 2009
    Secondly, early in the year, we increased focus on hedging (futures buying) among the strategies we adopted to mitigate inflation. We anticipated price increases in edible oils, plastics (for packaging material), herbs and honey (which requires seasonal stocking) and mango pulp. (India Times)

    Shares slide as mood turns sour  Nov 21, 2009
    What you need to knowThe was buying 92 US centswere lower for a fourth dayGold was trading at about $US1144Crude oil was hovering below $US78 a barrelDow futures were unchanged at 10,328. Commodity stocks were pulled down on worries that a sluggish economic recovery would crimp demand for metals. (Sydney Morning Herald -- Business)

    Oil eases on stronger greenback  Nov 21, 2009
    Stocks and equity futures retreated after European Central Bank President Jean-Claude Trichet said policy makers will withdraw emergency cash gradually to avoid fueling inflation ... 20 a barrel on London's ICE Futures Europe exchange ... Worries about the economy and a stronger (US) dollar have put pressure on oil,'' said Tom Bentz, a senior energy analyst at BNP Paribas Commodity Futures Inc. in New York. (Sydney Morning Herald -- Business)

    Sen. Moore learns how to improve government efficiency  Nov 21, 2009
    He said legislative leaders need to prepare for, and adapt to, an extended period characterized by uncertain, unpredictable futures, inadequate information and constant, rapid change. The session's focus was on what legislative leaders can do to help constituents and legislative colleagues to adapt to this scenario. (Allston Brighton TAB, MA)

    Crude prices follow world markets down  Nov 21, 2009
    46 a barrel with one day remaining until the futures contract expires on the New York Mercantile Exchange ... 64 on the ICE Futures exchange. (Business Report, South Africa)

    Dollar, Yen Advance as Decline in Stocks Reduces Demand for Higher Yields  Nov 21, 2009
    The chance of a June increase in the Feds target rate was 28 percent today, compared with 68 percent odds a month ago, according to interest-rate futures. South Koreas won weakened versus the dollar for a second day after Kim Jong Chang, governor of the Financial Supervisory Service, said yesterday without elaborating that government agencies plan to hold talks on what can be done to address inflows financed with low-interest dollar loans. (Bloomberg -- Japan)

    Gold slips lower as dollar firms  Nov 21, 2009
    U.S. gold futures for December delivery on the COMEX division of the New York Mercantile Exchange fell $1. 30 to $1,140. (Business Report, South Africa)

    Gold rises on greenback retreat speculation  Nov 20, 2009
    Gold futures rose, erasing an earlier loss, on speculation that the dollar will fall, boosting demand for the precious metal as an alternative investment ... "No one has faith in a sustained dollar rally," said Matt Zeman, a metals trader at LaSalle Futures Group Inc. in Chicago ... Gold futures for December delivery rose 70 US cents to $US1141. (Sydney Morning Herald -- Business)

    Universities worry about effects of merger talk  Nov 20, 2009
    Bounds said he hopes the recent questions over three universities' futures won't keep students from applying and enrolling. "We have eight vibrant campuses today," he said. (The Clarion-Ledger)

    Is the Fed Creating New Bubbles?  Nov 20, 2009
    Global investors can borrow dollars cheaply and invest the borrowed funds in assets ranging from Indonesian stocks to copper futures contracts, a strategy known as a carry trade. During Obama's recent Asian swing, China Banking Regulatory Commission Chairman Liu Mingkang warned that U.S. monetary policy is creating "new, real, and insurmountable risks to the recovery of the global economy, especially emerging-market economies." Bank of Japan Governor Masaaki Shirakawa and Hong Kong Chief... (BusinessWeek)

    What's Inside Pimco?  Nov 20, 2009
    But "the people at Pimco call it 'bonds plus.'" It generally involves derivatives: The fund buys futures contracts or other derivatives to get exposure to bonds instead of buying bonds directly. It puts down a fraction of the full value of the futures contract, or what is called "notional value," as collateral. (BusinessWeek)

    Sensex falls on weak global cues  Nov 20, 2009
    MUMBAI: The Bombay Stock Exchange 30-share index fell by 22 points at 1015 hours on Friday in sustained volatility caused by approaching expiry of futures ns contract ... The 30-share index fell by 22 points at 1015 hours on Friday in sustained volatility caused by approaching expiry of futures & options contract. (India Times, India)

    Reality check for 'Dogs football fans  Nov 20, 2009
    Bulldog fans may not see Fresno State running back Ryan Mathews, seen here, and coach Pat Hill again, with both of their futures uncertain. But last Saturday in Reno, she saw something she'd never seen before. (Fresno Bee -- Sports)

    Dilfer calling plays on TV  Nov 20, 2009
    He also shared his thoughts on Fresno State coach Pat Hill and star running back Ryan Mathews, and their futures. Dilfer -- fifth in career touchdown passes (53) and passing yards (7,631) at Fresno State -- said he stil 000016C7 l keeps up with the team he quarterbacked from 1991-93. (Fresno Bee -- Sports)

    Trader Vic Says Buy Gold, Aussie Dollar  Nov 20, 2009
    5 billion using his rules-based formulas, which buy long and sell short commodities and futures ... ETF behemoth Barclays Global Investors released Monday its first actively managed ETF in its iShares family and the first managed-futures ETF on the market: iShares Diversified Alternatives Trust. (Investors Business Daily)

    Gold ends flat, other commodities fall  Nov 20, 2009
    On the New York Mercantile Exchange, gold futures are up 70 cents at $1,141. 90 an ounce. (KGW Northwest NewsChannel 8, OR -- Business)

    Citizen zero  Nov 20, 2009
    What the slides suggest is that these two possible futures create a choice, and help us to see something of its scale. If we restrict migration, it might seriously worsen what's known as the dependency ratio of elderly to those of working age. (BBC News -- UK)

    BSE to shift currency, interest rate futures biz to USE  Nov 20, 2009
    MUMBAI: Asias oldest exchange, the Bombay Stock Exchange (BSE), is planning to shift its currency and interest rate futures business to the recently set up stock bourse, the United Stock Exchange (USE) ... BSE and USE have signed an agreement under which BSE gets a fee from USE for contracting its currency and interest rate futures to the latter ... BSE will cease to be in the currency derivatives space and we will operate the segments (currency and interest rate futures) using its (BSEs)... (India Times)

    Digital Medical Records' Privacy a Problem  Nov 20, 2009
    The REAL question is: why should Americans have to risk their futures because of electronic health systems. We should be able to benefit from technology WITHOUT being harmed. (CBS News)

    Bovespa Declines on New Tax Concern, Commodity Slide; Real, Bolsa Retreat  Nov 20, 2009
    Sugar futures fell the most in two weeks as the dollar rose, eroding the appeal of some commodities as hedges against inflation. Orange juice gained. (Bloomberg -- Latin America)

    Oil Hovers Below $78 as Traders Eye US Dollar  Nov 20, 2009
    In London, Brent crude for January delivery rose 36 cents to $78 on the ICE Futures exchange. Copyright 2009 The Associated Press. (ABC News -- Business)

    Asia Markets Fall as Weak Recovery Signs Pile Up  Nov 20, 2009
    6 percent but stock futures pointed to a lackluster start for Wall Street. Dow futures were off 3 points at 10,324 and Sres slipped 0. (ABC News -- Business)

    Take Stock in Florida: These books are worth reading  Nov 20, 2009
    While the world of trading commodities is for the very few, however happenings within the futures arena affects many other types of investments, and therefore all of us in some significant way ... Developing a stock investment plan without taking into account the seasonal nature of the futures world may no longer be a luxury ... A relatively new entrant into the annual investment book arena is the "2010 Commodity Traders Handbook" written by a 29-year veteran of the futures and options pits. (The News-Press -- Business)

    Gold soars; dollar sinks  Nov 20, 2009
    Gold futures for December delivery jumped to as high as $1,119 ... The ICE Futures U.S. dollar index, a widely used gauge of the dollar against other major currencies, slid 0. (The News-Press -- Business)

    Oil Trades Little Changed After Rising on Forecasts for a Weaker Dollar  Nov 20, 2009
    Futures are poised to increase 1 ... Ten of 27 analysts, or 37 percent, said futures will drop through Nov. 27 ... Seven said futures will rise. (Bloomberg -- Australia & New Zealand)

    JSE tracks weaker US futures  Nov 20, 2009
    The JSE ended in the red virtually across the board on Thursday amid weaker international markets, tracking Dow futures lower in particular ... A local trader said: "We tracked international markets down this afternoon, with an eye on Dow futures in particular. Not even the rand at its current R7.50/$ level against the dollar can keep commodities in the black. In a nutshell, weakness is across the board.". (Business Report, South Africa)

    Nifty looks for support at 4900 level  Nov 20, 2009
    The inability of the Nifty to open above 5060 on Thursday resulted in a broad-based selloff, highlighted by declining open interest in November futures along with a 25% jump in volumes. With Thursdays decline of more than 1%, Nifty November futures closed at a discount to the underlying index for the first time in the past seven trading sessions ... The inability of the Nifty to open above 5060 on Thursday resulted in a broad-based selloff, highlighted by declining open interest in November... (India Times)

    Japan's Bonds Gain a Second Week on Outlook for Interest Rates, Deflation  Nov 20, 2009
    Bond futures for December delivery advanced 0. 37 this week to 139. (Bloomberg -- Japan)

    Turnbull burnt by revolt on climate  Nov 20, 2009
    Senator Minchin's followers were claiming Mr Turnbull's ''henchmen'' were ringing young rebel senators and MPs and warning them they would be jeopardising their futures. Mr Rudd demanded Mr Turnbull guarantee there be a vote before Parliament rises for the year next Thursday. (Sydney Morning Herald -- Australia)

    Stocks slide after signs of subdued recovery  Nov 20, 2009
    The ICE Futures US dollar index, which measures the dollar against other major currencies, gained 0. 3 percent, weighing on commodities. (MSNBC -- Business)

    Jobless claims show layoffs ebbing  Nov 20, 2009
    U.S. stock index futures held their losses after the data, while prices for government bonds nudged higher. New jobless claims are being watched for signs of when job losses might bottom. (MSNBC -- Business)

    Stock futures mixed; Dell in focus  Nov 20, 2009
    04 percent, Dow Jones futures down 0. 04 percent and Nasdaq 100 futures up 0. (Yahoo News -- Press Releases)

    Oil hovers below US$78 in Asia Fri  Nov 20, 2009
    04 on the ICE Futures exchange ... 46 a barrel with one day remaining until the futures contract expires on the New York Mercantile Exchange ... 64 on the ICE Futures exchange. (The Star Online, Malaysia -- Business)

    S. Korea tightens control over forex liquidity  Nov 20, 2009
    As the economy heavily relies on external factors, we may face the same situation if we experience another crisis, said Jeong My-young, a currency strategist at Samsung Futures. The authorities are showing their determination to minimise the potential impact from hedging practices, she added. (The Star Online, Malaysia -- Business)

    Asian stocks fall for fourth day  Nov 20, 2009
    Futures on the Standard & Poor's 500 Index dipped 0. 1 per cent. The index retreated 1. (Sydney Morning Herald -- Business)

    US stocks drop as recovery fears grow  Nov 20, 2009
    1 per cent after US front-month crude futures, which expire on Friday, fell $US2. 12 lower, or 2. (Sydney Morning Herald -- Business)

    Dollar bruised as investors lock in profits  Nov 20, 2009
    Australian bond futures benefited however. December bill futures added 0 ... 93, and three-year bond futures rose 0. (Sydney Morning Herald -- Business)

    Opportunities exist for trading gold  Nov 20, 2009
    Trading gold in $US via OTC CFDs While CFDs based on the GOLD ETF are traded in Australian dollars, it is also possible to trade over the counter gold CFDs in American dollars over $US physical gold and American gold futures. According to Harley Salt, head of sales trading at CFD broker IG Markets, the late October gold price break above $US1000 sparked renewed interest in long gold positions. (Sydney Morning Herald -- Business)

    Racing to the future  Nov 20, 2009
    Cross-cutting approaches to long-range planning - such as the program developed by the Victorian Employers Chamber of Commerce and Industry and the broader Victorian community to address the challenges of physical infrastructure, innovation and industry, sustainability, and workplace futures - are critical to mobilising all segments of society. How well organisations plan for all of these seven global drivers of change will be critical to their success in the future. (Sydney Morning Herald -- Business)

    Best of both worlds: Quiroga's success story a round trip to Bolivia and back  Nov 19, 2009
    Hardly seen without a Blackberry, a laptop or something connecting her to her work, Quiroga s days revolve around helping her clients plan for their financial futures. Recently named one of the Boston Business Journal s yearly 20 on the Move, a list of Boston-area Hispanic executives who are at the top of their respective fields, you could say that she s going places. (Marblehead Reporter, MA)

    Re extends losses as shares fall  Nov 19, 2009
    In the currency futures market, the most traded near-month contracts on the National Stock Exchange and MCX-SX were quoting at 46. 5625 and 46. (India Times)

    India gold futures hover near all-time high  Nov 19, 2009
    MUMBAI: India gold futures edged higher on Thursday to hover near their all-time high boosted by a weaker rupee and stronger-than-expected US consumer prices stoking inflationary concerns, analysts said ... India gold futures edged higher on Thursday to hover near their all-time high boosted by a weaker rupee and stronger-than-expected US consumer prices stoking inflationary concerns, analysts said. (India Times)

    Bond yields steady as supplies wane  Nov 19, 2009
    In interest rate futures on the National Stock Exchange (NSE), the December contract was implying an yield of 7. 9930 percent, above its previous close of 7. (India Times)

    Market Watch: Sensex rangebound; realty, IT, banks down  Nov 19, 2009
    During the latter half of the session it could take cues from Dow Futures ean markets for any further direction. Among the indices, Bankex looks weak, while Metals look good d outperform, said HDFC Securities note. (India Times)

    Cropp to Lenders: Milk Prices Should Keep Climbing  Nov 19, 2009
    For example, on Sept. 2, 2008, Class III futures prices were running 2 or more higher than the cash prices. Even now, Some opportunities (to lock in futures prices that are better than the cash prices) are developing, Cropp said ... As of Oct. 26, this year, the December 2009 futures price stood at approximately 14. (Minnesota Farm Guide, MN)

    Gold inches down  Nov 19, 2009
    US gold futures for December delivery were steady at $1,142. 70 an ounce after closing on Wednesday at $1,141. (Business Report, South Africa)

    Gold hits record near $1 150 an ounce as dollar slips  Nov 19, 2009
    US gold futures for December delivery on the COMEX division of the New York Mercantile Exchange also hit a record $1148. 10 and were later up $7. (Business Report, South Africa)

    Oil stays above $79 amid mixed economic signs  Nov 19, 2009
    05 on the ICE Futures exchange. Copyright 2009 The Associated Press. (WCAX.com, VT)

    Fresno event a test of business creativity  Nov 19, 2009
    They are among a growing tide of students exploring business ownership for their futures. Nancy Kobata, who managed the competition for the Lyles Center, said an introductory entrepreneurship class at the university has grown from perhaps 40 students four years ago to more than 130 students this semester. (Fresno Bee -- Business)

    Going negative has risky allure for Coakley rivals  Nov 19, 2009
    If they go negative, the candidates also have to think about their own futures. If he loses the Senate race, Capuano, as a congressman, would have to work with the winner as part of the Massachusetts delegation. (Boston Globe)

    Mets ready to shop, spend on open market  Nov 19, 2009
    Unless free agents are basing their immediate professional futures on the quality of public school systems of the markets of the clubs pursuing them (see Mike Hampton, 2000) or some acquired apprehension about big city newspapering (see Barry Zito, 2007), money is the currency of the hour. So even if the Mets don't sign Holliday, Bay or Lackey, they will spend. (MLB.com -- NY Mets Mets)

    Rusal tests Hong Kong's waters  Nov 19, 2009
    A spokesman for Chow and Dickens, Scot Sapp [1], told Asia Times Online that the confidentiality provisions of the exchange charter and of the Securities and Futures Ordinance - the Hong Kong statute regulating the market - impose "a strict policy not to confirm or deny whether a company has applied to list on the Stock Exchange, or the progress of any application" ... As a member of the Listing Committee, I am subject to statutory obligations to preserve confidentiality under Section 378 of the... (Asia Times Online)

    Canada records inflation of 0.1%  Nov 19, 2009
    FROM OTHER NEWS SITES Why soaring home prices fail to budge inflation rate - 30 mins ago * Nikkei falls to 4-month closing low - 48 mins ago OIL FUTURES: Uncertain Demand Outlook Keeps Crude Under $80 - 1 hr ago * Wrong on the way down and up - 2 hrs ago Central Bank economist warns of asset bubbles - 4 hrs ago * Requires registration. SHARED. (BBC News -- Americas)

    Gold, silver, copper hit new highs as dollar falls  Nov 19, 2009
    Silver has jumped to its highest point since July 2008, while copper futures have risen to a 14-month high. Share this article. (KGW Northwest NewsChannel 8, OR -- Business)

    Outdoors clubs hit by slump  Nov 19, 2009
    Kimura and another Fresno board member are planning to attend a meeting of the state's 14 chapters this weekend in Southern California to discuss their futures. Options include forming a regional quail organization, joining a newly created club based in Missouri or waiting for a reconfigured Quail Unlimited to take shape, Kimura said. (Fresno Bee -- Sports)

    Elizabeth Warren Winning Means Banks Won't Sell When They Can't Explain It  Nov 19, 2009
    I got out my little notebook, and the senior partner started talking about frozen pork belly futures, Warren said, recalling an early meeting. How dumb do they think I am. (Bloomberg)

    Gold, silver, copper hit new highs as US$ falls  Nov 19, 2009
    The ICE Futures US dollar index, a widely used measure of the dollar against other currencies, was down 0 ... December copper futures settled up a quarter of a cent at $3 ... Gasoline futures rose 0. (The Star Online, Malaysia)

    FBM KLCI little changed; selling pressure continues  Nov 19, 2009
    Meanwhile, on the commodities market, the three-month crude palm oil futures finally succumbed to profit taking after three consecutive days of gains. At 12. (The Star Online, Malaysia)

    Dollar slips as investors lock in profits  Nov 19, 2009
    US stock futures were in the red as well ... Australia's December bill futures rose 0 ... Three-year bond futures climbed 0. (Sydney Morning Herald -- Business)

    Asian stocks sag on bank share sale plans  Nov 19, 2009
    Futures on the Standard & Poor's 500 Index lost 0. 3 per cent. The gauge fell 0. (Sydney Morning Herald -- Business)

    Gold forges record peak near $US1150  Nov 19, 2009
    Gold futures jumped to $US1153 ... Gold futures for December delivery rose $US1. (Sydney Morning Herald -- Business)

    Oil price rises as report signals supply decline  Nov 19, 2009
    Futures have traded between $74. 79 and $82 since Oct. 15. (Sydney Morning Herald -- Business)

    Nikkei falls sharply to four-month closing low  Nov 19, 2009
    On the Osaka Securities Exchange, the near-term December Nikkei 225 index futures contract was down 120 points to 9,550. Special Report. (Xinhuanet, China)

    Market Forecaster: Hogs rallied last week on strong cash trade  Nov 19, 2009
    Producers should be 100 percent covered through February with either futures or options or a combination. No need to lock in feed costs other than hand-to-mouth buying as harvest lows will be formed soon. (Sioux Falls Tri-State Neighbor, SD)

    Palm Beach Community College 'bursting at the seams' thanks to economic downturn  Nov 19, 2009
    "I have a Bright Futures scholarship and only pay a couple hundred dollars for books," said Hernandez, 20. "I was disappointed, but I think I made the right decision.". (The Palm Beach Post)

    Outdoors clubs hit by slump  Nov 19, 2009
    Kimura and another Fresno board member are planning to attend a meeting of the state's 14 chapters this weekend in Southern California to discuss their futures. Options include forming a regional quail organization, joining a newly created club based in Missouri or waiting for a reconfigured Quail Unlimited to take shape, Kimura said. (Fresno Bee)

    Historical center loses state funding, will stay open (5)  Nov 19, 2009
    Historical center loses state funding, will stay open - Somerset - Daily American. We have no intention of closing, said Charlie Fox, historic site administrator at Somerset Historical Center. (Somerset Daily American, PA)

    JSE opens flat, eyes European markets  Nov 18, 2009
    "We have already priced in those gains. US futures are slightly negative to flat at the moment. There is little direction. We will have to wait for the European markets to open before we can see any real moves," he said. Dow Jones Newswire reported that another round of buying in commodities producers, including Exxon Mobil, helped the DJIA close higher for the ninth time in 10 sessions, though Home Depot and Target weighed on consumer stocks and kept the broader stock gains muted. (Business Report, South Africa)

    Malawi's miracle  Nov 18, 2009
    Ms Hines is now exploring whether using futures market contracts to buy fertiliser would remove some of the financial uncertainties around the programme. There is also some concern in Malawi that increasing the use of factory-made fertiliser will lead to a long-term degradation of the soil on which the country depends. (BBC News -- Business)

    The benefits of a nuclear Iran  Nov 18, 2009
    Fraught with the fear and danger of unknown futures, a parked nuclear warhead is a menacing threat. Once fired, it is useless, spent on well understood, mutual, and arithmetically assured destruction. (Asia Times Online)

    Eleven most pleasant surprises so far this Thrashers season  Nov 18, 2009
    Let s stop looking back in agony and look forward with a team that s definitely in the top third of the league in bright futures. KovyRules. (Atlanta Journal-Constitution -- Sports)

    Gold, silver hit historic highs on global demand  Nov 18, 2009
    In New York, gold futures rose on Monday, with the most-active contract climbing above $1,140 an ounce, as a drop in the US dollar attracted more investors into the precious metals. Gold for December delivery ended up by $22. (India Times)

    Dollar dips on profit-taking  Nov 18, 2009
    Aussie bond futures were soft, hurt by remarks from RBA watcher Terry McCrann that the RBA may raise interest rates by 25 basis points next month ... December bill futures fell 0 ... Three-year bond futures were down 0. (Sydney Morning Herald -- Business)

    Oil Rises for Third Day as U.S. Supplies Drop; Asia Stocks Decline on HSBC  Nov 18, 2009
    Pursuing a low interest rate policy doesnt make it favorable to hold dollars so buying commodities has been one of the strategies investors have been able to take, , head of futures at Saxo Bank A/S, said in a Bloomberg Television interview. Were seeing the rally in crude, the rally in equities and the rally in gold all highly correlated. (Bloomberg -- Asia)

    Cropp to Lenders: Milk Prices Should Keep Climbing  Nov 18, 2009
    For example, on Sept. 2, 2008, Class III futures prices were running 2 or more higher than the cash prices. Even now, Some opportunities (to lock in futures prices that are better than the cash prices) are developing, Cropp said ... As of Oct. 26, this year, the December 2009 futures price stood at approximately 14. (Minnesota Farm Guide, MN)

    Oil above $79 after crude supply drop  Nov 18, 2009
    34 on the ICE Futures exchange. Read business stories in. (India Times)

    Gold hits another high, Asian shares rebound  Nov 18, 2009
    US crude futures rose 54 cents to $79. 68 a barrel by 0043 GMT, after settling up 24 cents on Tuesday, after an industry group reported a larger-than-expected drawdown in US crude stocks last week. (India Times)

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