Hello everyone,
Here's what I have for this Thursday's price changes:
Heating and stove oils show a drop of 1.18 cents a litre.
Diesel fuel is expected to drop by 1.6 cents a litre,and...
Gasoline showing a small increase of 8/10ths of a cent a litre.
The amazing strength of the US dollar has probably come about as the
result of the weakness of the overall world economy. With consumer
demand remaining "lackluster", it would be good reason for investors to
start placing their faith in the strongest of currencies.
Until
such a time as any signs of world economic activity picking up, expect
commodities like oil and gold to continue to show weakness.
How long can that be expected remains a question in itself though, and perhaps a topic I'll pick up on another time!
That's it for this week!
Regards,
George
Twitter @GeorgeMurphyMHA
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