Not exact matches
Yesterday, on a
spike in volume, the ProShares Ultra Dow Jones - AIG Crude
Oil ETF (UCO) broke above its
recent downtrend line and set a new 4 - day high.
While the inflation impact from higher
oil prices and commodity prices in general, continue to pump up inflation expectation and push bond yields higher, keep in mind that much of the
recent spike in Yields is about as much about supply as it is about inflation.
The
recent attack on Syria by U.S. and ally forces has raised the prospect of another major
spike in
oil prices, according to JPMorgan Chase & Co..
It reduces our dependence on volatile prices, set by whatever the most
recent unrest in the Middle East is; for example, over the last month, we have seen a 10 %
oil price
spike on news of a restart of Egypt's unrest — and they're not even a major
oil producer!
Until the
recent spike in gas prices, much of the discussion about solving our transportation problems — namely, emissions from cars and dependence on foreign
oil — centered on increasing the efficiency of the vehicles we drive through higher CAFE standards and new designs.
The
recent cold snap - and the ensuing
spike in home heating
oil prices - underscores the decarbonisation challenge in Northern Ireland, argues Policy Exchange's Matt Rooney