2011 Oil Market Trends
Spread between WTI and Brent crude the emerging oil story of 2011.
Spread between WTI and Brent crude the emerging oil story of 2011.
Oil prices gained as much as 1 percent with analysts offering further support; expecting a decline of 1 million barrels of U.S. oil supplies from 363.2 million last week. Oil inventories have not fallen nationwide for two consecutive weeks since January.
Cinch Energy Corp. (TSX:CNH) reported that the company has drilled and is casing a potential Wabamun gas well.
FairWest Energy Corporation (TSX VENTURE:FEC) that the company is continuing to operate under the terms of a Forbearance Agreement with its principal lender which was designed to allow the Company to comply with the terms of its credit facility with the Bank.
Sherritt International Corporation (TSX:S) reportec that the company has approved a quarterly dividend, with respect to the first quarter of 2010, of $0.036 per common share, payable April 14, 2010 to shareholders of record as of the close of business on March 31, 2010.
Delphi Energy Corp. (TSX:DEE) announced the company's crude oil and natural gas reserves information for the year ended December 31, 2009.
Xtreme Oil and Gas, Inc. (PINKSHEETS: XTOG) reported the Company has filed the Form 10 with the Securities and Exchange Commission (SEC).
Magnum Hunter Resources Corporation (NYSE Amex: MHR) (NYSE Amex: MHR-PC) reported that the Company has closed on the previously announced acquisition of privately-held Triad Energy Corporation and affiliates, an Appalachian Basin focused energy company.
PanTerra Resource Corp. (TSX VENTURE:PRC) reported that the terms of its previously announced private placement have been revised.
The Articlebase.com analyzes the Tips for Trading the Crude Oil Market :
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