Oil rises jump more than $10 to new record high
June 6th, 2008shot up more than $10 to a new record above $139 Friday after a major investment bank predicted a spike to $150 in the coming weeks and rising tensions in the
Voyager Petroleum Announces Factoring Agreement With BLN Capital Funding, LLC Through Fifth Third Bank
June 6th, 2008HINSDALE, Ill., June 6, 2008 (PRIME NEWSWIRE) — Voyager Petroleum Inc. (OTCBB:VYGO) (Frankfurt:DXD) is pleased to announce that it has entered into a factoring agreement with BLN Capital Funding LLC, for up to $1 million in purchase order, inventory and receivables financing. Management believes this credit facility will provide the working capital necessary to generate additional revenue by accelerating production at the Detroit facility. The company is marketing its eco-friendly, re-processing method for reclaimed used oil and working diligently to inform regional automotive and industrial customers in the Midwest of its processing capabilities.
Oil rises jump almost $7, closing in on record
June 6th, 2008suggesting it could raise interest rates. “We had a rally of something like $12 in about 24 hours. It makes no fundamental sense,” said Stephen Schork, an analyst and trader in Villanova, Pa. “With o…