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Monday, December 01st, 2008

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Posts Tagged ‘ Crude Production ’

Oil Hits Record Before Easing - Lethal Violence in Nigeria.

Apr 29th, 2008 | By Doug Casey | Category: Oil Investment & Alternative Energy

In the energy market Monday, crude for June delivery spiked higher, shooting to yet another record intraday high of $119.93 before easing to close at $118.75/barrel, up 23 cents. June reformulated gasoline fell 2.3 cents, to $3.0307/gallon.

Tags: Crude Production, Energy Market, gas prices, Grangemouth, Labor Dispute, MF Global, Nigeria, Nigerian oil crisis, Oil Crisis, Oil Shipments, Rebel Groups, worker strike
Posted in Oil Investment & Alternative Energy | Comments2008-04-29+17%3A19%3A46Doug+Casey

Nigeria Attacks Trigger New Highs for Oil

Apr 22nd, 2008 | By Contrarian Profits | Category: Featured, Financial News, Oil Investment & Alternative Energy

This from Bloomberg:

Royal Dutch Shell Plc said a militant attack on a pipeline has cut as much as 169,000 barrels a day of Nigeria’s Bonny Light crude production as rebels claimed responsibility for two more strikes today.

Crude futures contracts in New York have hit fresh highs of $117+ a barrel on the news of the attacks. Crude oil prices climbed to a new record after Shell said exports would be cut — the highest since futures started in 1983.

Tags: Crude Futures, Crude Production, Garry White, Nigeria, Oil Price, Oil Traders, Oil Wealth, peak oil, Royal Dutch Shell
Posted in Featured, Financial News, Oil Investment & Alternative Energy | Comments2008-04-22+14%3A01%3A42Contrarian+Profits

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