Energy

Chinese apparent oil demand weakened in July and may decline further in coming months but analysts still see further price gains as the uptrend in global oil consumption remains intact.

A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

The TechWizard believes more weakness should be expected for the price of crude oil.

The Dow recovered from a 110 point fall on higher jobless claims to close down 58 on low volume.

If crude oil futures are showing the direction for global risk appetite, this week’s retreat has a lot further to go.

If crude oil is showing the short term direction of global risk appetite, more weakness should be expected for equities.

The QE2 remains at port but it will be kept fully supplied. After a wild ride, the Dow closed down 54. (Locked for subscribers until 10:00 AEST)

A glance through the latest expert views and predictions about commodities, with positive fundamentals identified for copper but some caution on oil and iron ore prices given recent market moves.

Wall Street was eagerly anticipating QE2 last night, on minimal volume. Dow up 45.

A glance through the latest expert views and predictions about commodities with Deutsche Bank on new commodity indices, Citi positive on metal prices and Credit Suisse looking at transaction multiples in Oz coal stocks.