Where do you think oil prices will be next year? Go ahead, pick a number—any number—and you can probably find an expert somewhere who agrees with you. Andy Xie, the chief Asian economist for Morgan Stanley, says oil prices are about to collapse—recent prices of about $60 a barrel are far too high to last. The oil analyst Matthew Simmons says hogwash—we'll soon be paying $100 a barrel. Other pundits have staked out much of the wide real estate between those predictions.

Next Stop: $100 Oil? - Some analysts say record highs are only the beginning. Traders betting on rising global demand could push prices up further.

Noble Group investor exits the company - A week after Noble Group issues a convertible bond, shareholder Tiger Rock raises $229 million from the sale of its 9.4% stake in the Singapore-listed commodities company. [Finance Asia]

JPMorgan rides the commodities wave - JPMorgan Chase reported a 32 per cent jump in earnings to $3.3bn in the third quarter with a better than expected performance from its investment bank, particularly in commodities trading. [Financial Times - Financial Services]