All Posts Tagged With: "Energy Market"
Crude Plunges
In the energy market Thursday, crude for July delivery plummeted, closing at $131.93/barrel, down $4.75. July reformulated gasoline plunged 11.4 cents, to $3.3526/gallon.
Crude Backs Down
In the energy market Friday, crude for July delivery pulled back, closing at $134.86/barrel, down $1.88. July reformulated gasoline fell 6.74 cents, to $3.4626/gallon.
Oil Comes Storming Back
In the energy market Wednesday, crude for July delivery skied higher, to close at $136.38/barrel, up $5.07. July reformulated gasoline shot up 15 cents, to $3.47/gallon.
Meanwhile, Crude Heads for the Moon
In the energy market Thursday, crude for July delivery headed for the moon, rocketing heavenward to close at a record $138.54/barrel, up $10.75. July reformulated gasoline shot 21.8 cents higher, to $3.548/gallon, marking a two-day gain of nearly 11%.
Crude Takes Back Lost Ground - Buying Frenzy Develops Late in Day
In the energy market Thursday, crude for July delivery recovered its recent losses, closing at its highest level in a week, at $127.79/barrel, up $5.49, or 4.5%. July reformulated gasoline rocketed 13.45 cents higher, to $3.3345/gallon.
Oil Moves Lower
In the energy market Wednesday, crude for July delivery retreated again, closing at its lowest level in a month, $122.30/barrel, down $2.01. July reformulated gasoline plummeted 15 cents, or 4.5%, to $3.20/gallon.
Ben also Sinks Crude - Though Analysts see Little Long-term Effect
In the energy market Tuesday, crude for July delivery collapsed, closing at $124.31/barrel, down $3.45. July reformulated gasoline fell 3.75 cents, to $3.3525/gallon.
Solar Stock Ersol Rises on Bosch Deal
Solar stock Ersol rose to a new record after German engineering giant Bosch said it paid $157 a share, a premium of more than 60%, for a controlling stake in the company. This from The Guardian:
Shares in leading German solar stocks rose substantially on expectations that other big players, including oil groups, are on the prowl in a market that grew to €6.6bn last year and is forecast to top €18bn by 2020.
Crude Inches Higher - Traders look for New Floor after Major Profit Taking
In the energy market Monday, crude for July delivery inched higher, closing at $127.76/barrel, up 41 cents. July reformulated gasoline opened as front-month contract by adding 4 cents to $3.39/gallon.
Oil Little Changed - Gallon of Regular Sets Another Record
In the energy market Friday, crude for July delivery moved higher, closing at $127.35/barrel, up 73 cents. June reformulated gasoline added a penny in its last day as the front-month contract, to $3.41/gallon.
Latest News
- What This Physical Gold Shortage Means for Smart Investors11:15am CDT
- Base Metals Rally Modestly, Bailout has At Least that Much Positive Effect11:13am CDT
- Crude Unchanged, Few Think Bailout will Affect Oil11:08am CDT
- Dollar Moves Higher as Bailout Bill Passes10:57am CDT
- Hold Altria (MO) for Solid Dividend Payouts10:44am CDT
- Wipeout! Dow Plunges Below 10,000 Mark10:22am CDT
- Why Bank of America (BAC) Will Triumph in This Crisis10:09am CDT
- FOMC Minutes Will Get The Most Attention, Earnings Are Upon Us Again9:36am CDT
- Wells Fargo and Citigroup Continue to Battle for Wachovia9:28am CDT
- Citigroup Takes Issue with Wells Fargo Bid for Wachovia9:17am CDT
- Early Indicators: Europe’s Turn8:37am CDT
- Ignore the Economic Reports8:36am CDT
- Gold Marks Time, Silver Rises and Platinum Falls12:27pm CDT
- Banco Santander (STD) Is Protected from EU’s Banking Crisis1:44pm CDT
- Global Nuclear Power Renaissance Is Well Underway1:26pm CDT
- Resource Stock Roundup Friday, October 3, 200811:13am CDT
- Aluminum Battered by Slumping Auto Sales11:06am CDT
- These 4 Stocks Will Suffer as Spending Dives11:03am CDT
- Crude plummets, Analyst Sees ‘Mass Hysteria’11:01am CDT