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Fundamental Oil Report (2009-10-30)

30 October 2009 @ 03:19 am EDT


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Analysis	Crude oil slightly changed after yesterday's jump when the commodity rallied above $80 a barrel on better-than-expected U.S. GDP. Prices inclined 3% on Thursday on recovery signs as the world's largest crude consumer emerged from recession. GDP for the third quarter in the U.S. showed a growth of 3.5% beating estimates. After the news optimism prevailed in markets, causing higher demand on riskier assets. Most Popular Slideshows Blue Ivy Carter: First Photos of Beyonce's and Jay-Z's 'Child of Destiny' [PHOTOS] Whitney Houston Death: Pictures of the Pop Music Icon over the Years Princess Diana Film: 5 Beauties Rumored for the Royal Role [SLIDESHOW] Whitney Houston Dies Ahead of Grammys 2012 [PHOTOS] For more forex information, go to www.ecpulse.com Most popular Viewed Commented Emailed Who Is Paul McCartney Trends on Twitter; Users Wonder Why Four Alternatives For Redknapp As Tottenham Consider Future Spurs Abandon Promise of £16m Deal Payroll Tax Cut: House GOP Offers Unfunded Extension, Avoiding 2012 Battle Greece in Turmoil as EU Austerity Package Put on Hold First Photos of Beyonce’s Baby Blue Ivy Carter Reignite Surrogacy Rumors [PHOTOS] Blue Ivy Carter: First Photos of Beyonce's and Jay-Z's 'Child of Destiny' [PHOTOS] Debbie Cook: Scientology E-mail Lawsuit Finished as Horrific Details Emerge Dad Shoots Laptop Video Goes Viral on YouTube After Daughter’s Facebook Rant [VIDEO] Can Chocolate Cake for Breakfast Diet Help You Lose Weight? Whitney Houston’s Mother: Who is Cissy Houston? Qatar: Persian Gulf Paradise a Nightmare for Migrant Workers Pink Slime and Other Weird Food Additives You Don't Know You're Eating Diet Soda: Research Sparks Debate on Risks of Heart Disease, Stroke Deborah Feldman's 'Unorthodox' Chronicles Years of Shocking Repression in Hasidic Jewish Life First Photos of Beyonce’s Baby Blue Ivy Carter Reignite Surrogacy Rumors [PHOTOS] Follow IBTimes Facebook Twitter RSS Email ADVERTISE WITH US Most Popular on IBTimes Berlusconi MP caught ogling at escort website on iPad during debate New Comets, Asteroids Discovered by NASA (PHOTOS) 18 and Counting: Political and Social Unrest Ensnare the Globe News Corp And Apple Unveil "The Daily" Deadly winter snowstorm in US (PHOTOS) ADVERTISE WITH US IBTIMES PROFESSIONAL The Intelligent Investor Free Edition Get the day's most relevant news, data and anlaysis. eBusiness Solutions TAKE A TOUR The complete online business platform for your business ADVERTISE WITH US E-Newsletters We value your privacy. Your email address will not be shared. Home World US Economy Companies Tech Science Global Markets Education Real Estate Forex Commodities Gold & Silver Matters More Sections Fashion Auto Travel Health Law Entertainment Sports Luxury Art Books Tech & Trend Tools & Features Topics Blogs Market Data Stock Watch List Investment Calculator Financial Glossary Broker Center World Business Headlines Updates RSS Feeds IBTimes on Twitter IBTimes on Facebook E-Newsletters Services Forex Newsfeed Research Press Release About IBTimes News Licensing Media Kit Advertise with Us About IBTimes Contact Us Terms of Service Privacy Policy US Edition Australia Edition Brazil Edition Canada Edition China Edition France Edition Germany Edition Hong Kong Edition HK English Edition India Edition Italy Edition Japan Edition Korea Edition Mexico Edition U.K. Edition U.S. Edition © Copyright 2012 The International Business Times Inc. All Rights Reserved.