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ALARON TRADING CORP

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abtest

Oil soars to new six-month high above $65/barrel

May 30, 2009 - 12:00am

NEW YORK (AP) – Oil prices closed above $65 per barrel Thursday for the first time in six months as OPEC maintained crude production levels as expected and a pair of reports suggested a slightly brighter economic...

Business

Oil prices jump to new high for the year

May 6, 2009 - 11:23pm

SIOUX FALLS (AP) – Oil prices hit a new high for the year Wednesday ahead of a government report on the levels of crude in storage that have neared 19-year highs recently.

Oil hits year-high of $51.61 as dollar plunges

March 21, 2009 - 12:00am

A weakened dollar and evidence that OPEC has significantly slowed production sent oil prices soaring to new highs for the year Thursday. “I think we’ll see higher oil prices for a while,” said Michael...

Business

Oil hits high for 2009 as dollar plunges

March 20, 2009 - 2:18am

NEW YORK (AP) – Oil prices hit new highs for the year yesterday after a decision by the Federal Reserve to spend billions snapping up US bonds sent the dollar tumbling.

Oil rises above $45 as economy drags on US dollar

March 7, 2009 - 4:21am

NEW YORK (AP) – Everyday this week brought more evidence that the struggling global economy had more than its fill of cheap oil.

Oil prices end the week on the down side

February 28, 2009 - 4:46am

DENVER (AP) – After months of cutting oil production it appeared this week that oil producing nations had finally captured some control in the crude markets, at least until the latest batch of economic news...

Oil breaks out of weeklong price slide

February 14, 2009 - 3:37am

COLUMBUS (AP) – Oil broke out of a weeklong slump yesterday, soaring 13 percent, as traders prepared for a long Presidents Day weekend.

Oil prices rise as OPEC delays production projects

February 10, 2009 - 2:03am

NEW YORK (AP) – Oil prices rose sharply yesterday as OPEC announced member nations will table dozens of planned oil production projects due to falling prices.

Oil finishes higher on Bernanke comments

January 14, 2009 - 5:04am

COLUMBUS (AP) – Crude futures halted a weeklong price slide Tuesday, nudging higher after Federal Reserve Chairman Ben Bernanke said the stimulus package could provide a "significant boost" to the...

GLOBAL NEWS : Commodities markets expected to stabilize in 2009

December 30, 2008 - 11:49am

NEW YORK (AP) - During the first six months of 2008, commodities looked to be the savior of investors who were losing money in the stock market.