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London, Thursday, January 31, 2008 ARANCA News Report (www.aranca.com) :Oil was up to over $92 per barrel yesterday in the wake of the Federal Reserve’s decision to cut interest rates. The price of US crude stood at $92.33 per barrel at the close of trading, having risen by 69 cents. The rise came directly after [...]
London, Tuesday, January 22, 2008 ARANCA News Report (www.aranca.com) :Organization of Petroleum Exporting Countries’ (Opec) weekly average oil price dropped by $3.65 last week taking the barrel price to $87.18. The weekly dip came after the daily average oil price continued to fall throughout the week, falling from $88.62 to $86.06 over the last five [...]
London, Wednesday, January 16, 2008 ARANCA News Report (www.aranca.com) :The hedge fund industry largely defied turmoil in the financial markets to grow significantly last year, new data has revealed. According to a study from industry tracker Hedge Fund Research hedge funds garnered a record $194.4 billion of fresh investment in 2007. This was some 54 [...]
