Excerpt from:  Spread Betting North American Financial Markets
.
October 26, 2007

American Markets: Oil Prices

Spread bets and CFDs on oil prices
Spread betting and contracts for differences on American markets should take oil prices into account. Spread bets and CFDs on oil prices should consider that there is plenty of opportunity for prices to continue to rise. Bloomberg reports on oil prices:

``The door is open to $100,'' said Kevin Norrish, energy analyst at Barclays Capital Inc. in London. The dispute between the U.S. and Iran will ``continue to ratchet up in terms of tension.''

Oil prices will also likely affect American stock markets, as well as contribute to dollar weakness.

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