Tuesday, November 24th, 2009

Posts Tagged ‘ Crude Production ’

Frontier Oil: Buy Low, Sell High

Mar 30th, 2009 | By Andrew Snyder | Category: Oil Investment & Alternative Energy

Smart investors are looking beyond the current financial crisis. For a good shot at long-term profits, look towards the oil industry.



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.



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.