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Wednesday, February 15th, 2012

Posts Tagged ‘ oil ’

Prepare for the Rebound in Drilling

Aug 3rd, 2009 | By Byron King | Category: Oil Investment & Alternative Energy

Do you remember this time last year? As spring turned to summer, energy prices were moving upward. By mid-July 2008, oil prices peaked at $147 per barrel. But as with Gen. Pickett and his famous charge at Gettysburg, that lofty level of $147 was the high-water mark for oil prices.



Global Slowdown and Plunging Profits Have ‘Big Oil’ Companies Searching for Ways to Rebound

Jul 31st, 2009 | By Bob Blandeburgo | Category: Oil Investment & Alternative Energy

In late January, Exxon Mobil Corp. (NYSE: XOM), the world’s most ubiquitous oil giant, capped off a whipsaw year in the global oil markets by reporting net income of $45.2 billion, an all-time record for corporate profits that shattered the former record it had set a year before.



Crude Continues to Climb

Jul 27th, 2009 | By Doug Casey | Category: Oil Investment & Alternative Energy

In the energy market, crude oil for September delivery rose 89 cents from Thursday to close at $68.05/barrel. August reformulated gasoline rose a quarter of a cent to finish at $1.9159/gallon.



Crude Continues to Rally

Jul 24th, 2009 | By Doug Casey | Category: Oil Investment & Alternative Energy

In the energy market, crude oil for September delivery shot up $1.76 from Wednesday to close at $67.16/barrel. August reformulated gasoline rose 7.49 cents to finish at $1.9132/gallon.



Crude Falls First Day in Six

Jul 23rd, 2009 | By Doug Casey | Category: Oil Investment & Alternative Energy

In the energy market, crude oil for September delivery [the new front-month contract] fell 21 cents from Tuesday to close at $65.40/barrel. August reformulated gasoline rose 2.63 cents to finish at $1.8383/gallon.



Crude Climbs Fifth Day Straight

Jul 22nd, 2009 | By Doug Casey | Category: Oil Investment & Alternative Energy

In the energy market, crude oil for August delivery rose 74 cents from Monday to close at $64.72/barrel. August reformulated gasoline climbed more than 2 cents to finish at $1.812/gallon.



Crude Still on the Rise

Jul 20th, 2009 | By Doug Casey | Category: Oil Investment & Alternative Energy

In the energy market, crude oil for August delivery climbed $1.51 from Thursday to close at $63.56/barrel. August reformulated gasoline rose more than five-and-a-half cents to finish at $1.7699/gallon.



Crude Oil Gains

Jul 10th, 2009 | By Doug Casey | Category: Oil Investment & Alternative Energy

In the energy market, crude oil for August delivery rose 27 cents from Wednesday to close at $60.41/barrel. August reformulated gasoline gained more than 3 cents to finish at $1.6638/gallon.



Crude’s Slide Intensifies

Jul 9th, 2009 | By Doug Casey | Category: Oil Investment & Alternative Energy

In the energy market on Wednesday, crude for August delivery accelerated its slide, closing at $60.14/barrel, down $2.79. August reformulated gasoline lost 9.95 cents, to $1.6333/gallon.



Crude Falls More

Jul 8th, 2009 | By Doug Casey | Category: Oil Investment & Alternative Energy

In the energy market on Tuesday, crude for August delivery prolonged its slide, closing at $62.93/barrel, down $1.12. August reformulated gasoline lost a penny, to $1.73/gallon.