${log.root}/lowem.log
Inflation, Investing and Everything


All | Musings | Tech | Java | Biz | Energy | Env

AddThis Feed Button
20071029 Monday October 29, 2007

Another day, another record ($92.79)

Another day, another record high in crude oil prices. $92.22 barely lasted one weekend. This morning, I got up, went to the office, and found myself sitting down to a new record : $92.79 per barrel Nymex crude oil delivery for Dec 2007.

This one looks dollar-driven. The news outlets are talking about the USD falling to yet another record low against the euro. At the moment of writing :

CAD/USD = 1.041667 (1.03 has been broken!)
EUR/USD = 1.4407 (1.43 has been broken!)
USD/SGD = 1.4531 (bye-bye 1.46)
SGD/MYR = 2.297297 (rising in tandem?)

The US dollar index, USDX, is at 76.894, having fallen below 77.

Compare this to the figures blogged earlier on 18 Sep 2007, barely one and a half months ago :

1. USD/SGD=1.5068 (how far the mighty have fallen)
2. SGD/MYR=2.310519
3. USD/CAD=1.0094 (notice how I've swapped around to CAD/USD nowadays!)
4. EUR/USD=1.3979 (compare & contrast!)

And the U.S. dollar index (was) : USDX=79.169

- Update : Scratch that last. The new record is :

$93.18
$93.19
$93.20

See also :

1. Oil rises to record $91.10 (26 Oct 2007)
2. Crude oil reaches record $90.02 after dollar drops against euro (19 Oct 2007)
3. Oil surges to record $88.20 (17 Oct 2007)
4. Oil futures hit new record above $86 (16 Oct 2007)
5. US dollar index falls below 80

(2007-10-29 10:13:26 SGT) [Energy] Permalink

Comments:

Post a Comment:

Comments are closed for this entry.




Most popular blog postings on lowem.log :

1. 2010 Honda Civic Hybrid preliminary specifications released
2. Singapore SIBOR rate falls to 0.69% in Jan 2009, lowest since Apr 2004
3. How to insert currency exchange rates into Google Spreadsheets
4. Live spot gold price quotes chart on COMEX
5. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
6. Singapore MRT rail network length to double by 2020
7. Singapore property market : Home prices fall 13.8% in Q1 2009
8. 2010 Honda Insight specifications released : 41 mpg, 1.3L, 98hp, i-VTEC, CVT

Featured articles on lowem.log :

1. ABC Guide to Beating Inflation in Singapore and Elsewhere
2. Baltic Dry Index falls 93% as shipping rates plunge, signalling global economic collapse
3. 2010 Honda Civic Hybrid preliminary specifications released
4. 2010 Honda Insight specifications released : 41 mpg, 1.3L, 98hp, i-VTEC, CVT
5. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
6. Peakoiler buys 2008 Honda Civic Hybrid FD3
7. NYMEX crude oil recovers from $32.40 low after 2.2 mbpd OPEC production cut announced
8. Singapore SIBOR rate falls to 0.69% in Jan 2009, lowest since Apr 2004





archives
search
sponsored links





bookmarks

about
my profile
contact me

personal
biow
ken
wenn

sites
photo gallery
wiki

blogroll
reviewem
sgenergycrisis
theenergycollective

quotes
live forex
real time gold
real time silver


navigation
decals

Click for Singapore, Singapore Forecast






rss feed for lowem.log

Get Firefox!

powered by
hosted by