Oil prices will stay low for years to come, derivatives markets say, keeping a lid on inflation and helping boost global growth.
HC Technologies LLC and Tudor Investment Corporation announced the formation of LaunchPad Trading LLC, a joint venture established to actively seek the next generation of trading talent.

Today’s AM LBMA Gold Prices were USD 1,085.00, EUR 996.05 and GBP 694.56 per ounce.

After getting thwarted by the dollar, crude oil futures came roaring back on a mix of demand expectations and a slew of rumors. Traders had me look into rumors, like an early release of the American Petroleum Institue supply report, and talk that the Energy Information Administration was going to revise downward its crude oil inventories.
A price war is brewing between Canada and Latin America over who will satisfy U.S. Gulf Coast refiners’ hunger for heavy oil.
Oil advanced for the first time in three days amid speculation that an escalating conflict in Libya may pare a global surplus that’s driven crude into a bear market.
Crude oil fell, heading for a fifth weekly loss on concern that OPEC’s refusal to cut production will worsen a global glut. Trading volume on the day after Christmas was the lowest this year.
Oil rose for the second time in three days after the U.S. economy expanded at the fastest pace in more than a decade in the third quarter.
The slump in oil that drove U.S. prices down as much as 50% from this year’s high is spurring the most bullish bet by hedge funds in four months.