crude oil

How much can you believe the analyst ?

Monday, July 14th, 2008

There was a point of time crude oil price went up to $147 per barrel. Some analyst would recommend you to buy Woodside Petroleum(WPL) or Santos Limited (STO) as petrol price is going up like shooting star. Credit crisis is hitting Australia quite badly and most banks suffered losses.  But ...

Double Edged Sword

Tuesday, June 24th, 2008

Australia economy is heading towards a double edged sword situation. Price of petrol has contributed to majority of the economy inflation. The value of the currency will become smaller if this is situation persist. Eventually what we will be able to buy will be lesser compare to what we suppose ...