Archive for July, 2006

07-18-2006

Oil price soon over 100 dollars?

Due to the conflict between Lebanon and Israel an oil price of over 100 dollars could be possible in th near future. Let’s just hope that there will be few hurricanes in the Mexican Gulf this hurricane season, otherwise the oil price will go up even more if the oil riggs in the Gulf can produce oil as they should.

Not only the oil is getting more and more expensive due to the conflict, but also gold and ethanol.

Posted by bylla in Economics, English, Ethanol, Oil | No Comments »

07-14-2006

Oil price over 78 dollar

Due to the conflict between Israel and Lebanon the oil price rised above 78 dollar this morning. Pacific Ethanol, Inc (NASDAQ: PEIX) is up 2.56% in the morning trade today and Bluefire Ethanol Fuel (Other OTC:BFRE.PK) is up 0.94%.

Posted by bylla in Energy, English, Ethanol, Oil, Stock Market | No Comments »

07-07-2006

Oil prices up!

Oil prices are back at all-time highs above $75 per barrel. XETHANOL CORPORATION (AMEX:XNL) was traded up 1.04% since yesterday to $9.70 per stock.

Posted by bylla in Economics, English, Ethanol, Oil, Stock Market | No Comments »

07-06-2006

Oil price over 75 dollar

Yesterday when the trading at New York Mercantile Exchange, Nymex, closed the oile price had increased by 1,7 percent to $75,15! The reason for the price increase was the North Korean misile test :(

Posted by bylla in Economics, English, Oil | No Comments »

07-04-2006

The dollar below 7 swedish crowns

According to Stefan Mellin at Danske Bank we should expect to see a dollar below seven swedish crowns before the end of 2006. This is fantastic news for americans looking for swedish investments, but it’s terrible for swedes with investments in US (like myself :( ). Let’s see if he’s correct or not.

The important thing here if the Fed will continue to increase the federal funds rate or not…..

 

USD

GBP

EUR

JPY

USD

-

1.8420

1.2806

0.00872

GBP

0.5429

-

0.6953

0.00473

EUR

0.7809

1.4383

-

0.00681

JPY

114.7320

211.3405

146.9335

-

Posted by bylla in Currency, Economics, English | No Comments »

07-03-2006

Oil Price vs Ethanol stocks

When I compared the price for NYMEX crude oil and the stock price for two ethanol producing companies I noticed that when the oil price increased or stod still the ethanol stocks did the same. When the oil price stod still or decreased the ethanol stocks decreased.

The ethanol stocks reacted much more then the change in the oil price and that can be because the stock market have to consider much more variables then just the price for fuel (in this case the oil)…. I’m sure you will be able to find similar relationships between other types of fuel and the oil price.

Ethanol stocks vs the oil price. (C) AndreasBylund.com

The blue line above is Xethanol Corporation (AMEX:XNL), the green line is Pacific Ethanol Inc (NASDAQ:PEIX) and the red line is the price for NYMEX Light Sweet Crude Oil. Data from Energy Information Administration, Nasdaq and American Stock Exchange.

Too bad I didn’t knew this at the beginning of the year since both Xethanol and Pacific Ethanol have gone up over 100% this year only!

Posted by bylla in Energy, English, Ethanol, Oil, Stock Market | 1 Comment »

07-02-2006

World Cup, now European Cup

FIFA World Cup has turned more into FIFA European Cup or something like that now when there are only European nations in the semi finals :D (Germany vs Italy and Portugal vs France). Lets just hope that the “hooligan experts” CrimGirl wrote about have all returned home to England so that they don’t ruin the finals…..

If you’re like me and simply can miss any episodes of CSI and Navy SCI, then you will love CrimGirl.com. It’s a crime blog written by a really cool girl called Courtney. She got degrees in both criminology and psychology, and a private investigator’s license… and she’s cute too :D . I can recommend Top 10 lessons from CSI, but I think you will be able to find a lot of other interesting stuff too.

Posted by bylla in English, Fun, World Cup | No Comments »