News for Spread Betters

Previous

Next

There's a new Investor Edition of CMC Markets' spread betting platform... and it's exclusive to DigitalLook.com users...

Get full details about Marketmaker:Investor Edition here.

News for Spread Betters

Previous

Next

There's a new Investor Edition of CMC Markets' spread betting platform... and it's exclusive to DigitalLook.com users...

Get full details about Marketmaker:Investor Edition here.

Unsecured Loans

Previous

Next

Lighten the load of all those repayments with a low rate unsecured loan. This month's selected offers:

1. Barclays Loans
2. Halifax Loans

AMEX Platinum

Previous

Next

Money back on your spendings? With American Express Platinum MoneyBack card, you can get

• 5% Money Back* during your first 3 months, then
• standard Money Back rate up to 1.5% with
• typical APR 18.9% variable

Why look further? Apply now!

Digital Look's Best Picks

Previous

Next

Your money can work for you! Get it going with one of this month’s high interest current accounts:

1. A&L Premier Direct
2. Coventry First Account
3. Co-operative Current Plus

Date: Friday 29 Aug 2008

LONDON (ShareCast) - Oil prices fell Thursday as traders weighed up concern about oil production facilities in the Gulf of Mexico as Tropical Storm Gustav approaches against fears about declining demand.

The oil platforms in and around the Gulf of Mexico make up over a quarter of US oil production and fears about damage to these facilities pushed crude above $120 a barrel earlier in the session.

However a report by the Energy Information Administration showing natural gas supplies in storage surged by 102bn cubic feet in the week ended 22 August took natural gas prices down more than 6% and weighed on crude prices.

Crude for October delivery settled down $2.56 at $115.59 a barrel on the New York Mercantile Exchange.

Oil traders also took profit on crude futures after gains this week and following reports that the International Energy Agency and the US government were poised to release oil from emergency reserves if Tropical Storm Gustav disrupted US oil production.

Among precious metals gold settled $3.20 higher, after a volatile session, at $837.20 an ounce on the New York Mercantile Exchange. The yellow metal was boosted by its safe haven qualities as concern turned to tensions between Russia and the West.

Bigger gains were limited for gold however as the dollar strengthened against major currencies after US gross domestic product grew faster than expected and as oil prices declined.

Silver for October was up 0.9% at $13.63 an ounce, October platinum rose $43.50 to $1,484.20 an ounce while September copper fell around 5 cents to $3.43 a pound.

• News Channel