Posts Tagged ‘
Oil Market ’
Jul 6th, 2009 |
By Jason Simpkins |
Category: Featured, Oil Investment & Alternative Energy
While the long-term outlook for oil prices remains bullish, don’t be surprised to see a near-term correction. After tumbling to a low of $33.98 a barrel on Feb. 12, crude oil more than doubled in price, soaring to $69.82 on the New York Mercantile Exchange (Nasdaq: CME) – before tumbling nearly 4% on Thursday on a worse-than-expected jobs report.
Tags: CME, DB, Emerging Markets, Global Economy, GS, IEA, IMF, Jason Simpkins, JPM, Market Sentiment, MS, Oil Market, Oil Prices, Price Rally
Posted in Featured, Oil Investment & Alternative Energy |
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May 13th, 2009 |
By Martin Hutchinson |
Category: Featured, Oil Investment & Alternative Energy
With oil finally trading back above the $50-a-barrel level, it’s time to recognize that crude prices are probably not going to remain low for very long, and may end up fluctuating in the $50-$80 range – regardless of what happens to the prices of other commodities.
Tags: BP, Canadian Oil, CNQ, Crude Prices, ECA, IMO, Martin Hutchinson, Nationalization, NXY, Oil Investments, Oil Market, Oil Sector, OXY, PCZ, SU, Tar Sands, TLM
Posted in Featured, Oil Investment & Alternative Energy |
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Apr 14th, 2009 |
By Lee Lowell |
Category: Featured, Oil Investment & Alternative Energy
Having etched out new lows a few months ago amid the worldwide financial crisis, many commodity sectors appear to be doing their best impression of planes hovering over a busy airport: In a holding pattern.
Tags: Commodity Sectors, Crude Oil Futures, Lee Lowell, Oil Market, Opec, Opec Oil, Worldwide Financial Crisis
Posted in Featured, Oil Investment & Alternative Energy |
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Feb 9th, 2009 |
By Contrarian Profits |
Category: Financial News
OPEC says willing to cut production further from March… Impending U.S. stimulus package supportive… Dismal U.S. jobs data still weighs on sentiment…
Tags: Barack Obama, Bnp Paribas, Bpd, economic stimulus package, Oil Market, Oil Prices, Oil Supply, Opec
Posted in Financial News |
1 Comment »
Dec 29th, 2008 |
By Contrarian Profits |
Category: Financial News
Gold was firmer on Monday, tracking a climb in crude oil prices on the back of burgeoning tensions in the Middle East, although it retreated from earlier highs as oil gave up some of its gains.
Tags: British Pounds, Crude Oil Prices, Gaza Strip, geopolitical conflicts, Gold Futures, Oil Market, Precious Metal Prices, precious metals, silver prices, SLV, Spot Gold, US dollar
Posted in Financial News |
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Nov 14th, 2008 |
By Doug Casey |
Category: Financial News
In the energy market Thursday, oil managed to gain a little ground, with crude for December delivery closing at $58.24/barrel, up $2.08 on its last day as the front-month contract.
Tags: Arab Petroleum, Brazilian Waters, Chevron, Crude Stocks, Energy Information Administration, Energy Market, euro, Exxon Mobil, Global Recession, Hess, Oil Market, Opec, Petrobras
Posted in Financial News |
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Nov 12th, 2008 |
By Doug Casey |
Category: Financial News
In the energy market Monday, oil sank below the $60 benchmark, with crude for December delivery closing at $59.33/barrel, down $3.08. December reformulated gasoline lost 6.2 cents, to $1.3059/gallon. Early in the day, crude had fallen to $58.32, its lowest level since February, 2007, and yesterday there weren’t enough buyers to push it back over $60.
Tags: Amp, Crude Oil Prices, Doug Casey, Energy Market, gas prices, Mexico, Nigeria, Oil Exports, Oil Market, Opec, Opec Cuts, Stimulus Package
Posted in Financial News |
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Nov 3rd, 2008 |
By Doug Casey |
Category: Financial News
In the energy market Friday, oil moved higher, with crude for December delivery closing at $67.81/barrel, up $1.85. November reformulated gasoline fell 2.57 cents, to $1.4413/gallon.
Tags: Amp, Crude Oil Prices, Doug Casey, Economic Research, energy, Energy Market, Nymex, oil, Oil Market
Posted in Financial News |
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Oct 29th, 2008 |
By William Patalon III |
Category: Financial News
Consumer Confidence at All-Time Low; Home Prices Continue Collapse; OPEC Still Not Satisfied; Whirlpool Circles the Drain; Optimistic Wall Street; Banks Balk on Buyout; Stop the Presses?
Tags: Consumer Confidence Index, Credit Suisse Group, CS, DB, Deutsche Bank Ag, DHX, GCI, Oil Market, Opec, US stocks, Wall Street Banks, Whirlpool Corp, WHR
Posted in Financial News |
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Jun 16th, 2008 |
By Garry White |
Category: Oil Investment & Alternative Energy
The mooted plan by Saudi Arabia to hike oil production in July by 200,000 barrels is marginal. It is not going to have a significant effect on the oil price. I am also not sure if it is true, after all it was UN head honcho Ban Ki Moon who revealed the plan and not the Saudis.
Tags: commodities, Global oil Consumption, Oil Cartel, Oil Market, Oil Prices, Oil Production, Opec, Saudi Arabia
Posted in Oil Investment & Alternative Energy |
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