decline | Oil Investing, Oil Mining, Oil Minerals, Oil Metals, Oil Exploration

Tag Archive | "decline"

Oil Has Biggest Weekly Decline in Three Months

Friday, November 19, 2010

Bloomberg reports that Oil fell, posting its biggest weekly loss in three months.

Continue reading "Oil Has Biggest Weekly Decline in Three Months"

Crude Falls, Ending Streak, As Dollar Rebounds

Tuesday, November 9, 2010

The Wall Street Journal reports that Oil futures fell Tuesday, ending a six-day streak of higher prices as the dollar rebounded.

Continue reading "Crude Falls, Ending Streak, As Dollar Rebounds"

Crude oil headed for $71.55 a barrel

Tuesday, May 5, 2009

Crude oil fell on Tuesday, snapping four days of gains, on concern a U.S. government report will show stockpiles climbed from the highest level since September 1990. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year.

Continue reading "Crude oil headed for $71.55 a barrel"

Oil Price Peaks And Slides

Monday, April 6, 2009

Oil prices vaulted 9 per cent in NY Thursday, in tandem with a powerful stocks rally, as investors cheered G20 agreements to combat the global downturn and an easing of US accounting rules. On Friday, oil prices settled above $52 a barrel, slightly lower on the day after a report that US unemployment in March soared to a 25-year high. But optimism that the economy will soon turn around curtailed losses.

Continue reading "Oil Price Peaks And Slides"

Crude refiners decline on weaker won

Monday, March 2, 2009

Shares in crude refiners fell across the board on Monday in Korea as the won hit a fresh 11-year low against the U.S. dollar. For full story, click here

Continue reading "Crude refiners decline on weaker won"

Benchmark:South of US$60

Tuesday, November 11, 2008

It is obvious that a barrel price below $60 on the NYMEX is bad news for oil companies. Part of the drop reflects a strengthening American dollar, but recent demand forecast revisions are bleak. Governments, companies and investors think a prolonged recession or period of low growth is in the offing, and everyone should take note.

Continue reading "Benchmark:South of US$60"

Oil Prices decline; US Inventories Stable

Thursday, November 6, 2008

Oil prices are declining after the U.S. government said that the country’s inventory of crude oil is stable. For full story, click here

Continue reading "Oil Prices decline; US Inventories Stable"

Benchmark: Things fall apart?

Tuesday, November 4, 2008

Along with OPEC production cuts and healthy company numbers, (both discussed below) the market is clearly disjointed. The tenor of discussions in the business pages and networks lately suggests that Yeats was right, and the centre cannot hold. Recession or recovery, echo boom or bust, few are predicting prolonged instability somewhere between these extremes.

Continue reading "Benchmark: Things fall apart?"

OPEC weekly oil prices keep declining

Monday, October 27, 2008

Weekly average oil prices of the Organization of Petroleum Exporting Countries fell to $61.53/ barrel last week, the lowest price since the end of March 2007. For full story, click here

Continue reading "OPEC weekly oil prices keep declining"

Oil declines, OPEC Cut Won’t Be Enough

Friday, October 24, 2008

Crude oil declined, heading for its 4th weekly fall, as OPEC’s decision to cut output by 1.5 million barrels a day failed to ease concerns fuel demand will slump. Mike Wittner, head of oil-market research at Societe Generale SA, said: The market expected a cut of 1 to 1.5 million barrels a day, and it got [...]

Continue reading "Oil declines, OPEC Cut Won’t Be Enough"

The Oil Investing Email Newsletter

Get our exclusive independent commentary on oil trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »

Simply fill in your name and email to make better investment decisions.