Oil Rises to Trade Near 10-Day High
Bloomberg reports that Oil traded at the highest price in two weeks on speculation cold weather in Europe will increase fuel demand.
Continue reading "Oil Rises to Trade Near 10-Day High"
Bloomberg reports that Oil traded at the highest price in two weeks on speculation cold weather in Europe will increase fuel demand.
Continue reading "Oil Rises to Trade Near 10-Day High"
Tuesday, November 23, 2010
Bloomberg reports that Oil rose from the lowest level in a week after the U.S. economy grew more than previously estimated in the third quarter.
Continue reading "Crude Oil Rises From Lowest Level in a Week"
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"
Wednesday, November 17, 2010
Bloomberg reports that Oil rose, rebounding from a four- week low.
Continue reading "Oil Rebounds From Four-Week Low"
Tuesday, May 25, 2010
The oil spill liability could extend well beyond British Petroleum as Transocean Ltd., Halliburton Co. and Cameron International Corp. all had some exposure to this series of current events.
Continue reading "British Petroleum Oil Spill Draws Criminal Speculation"
Wednesday, August 12, 2009
U.S. crude futures extended gains to trade firmly above $70 a barrel on Thursday, after a 1 percent surged a day earlier, as Asian stocks followed Wall Street higher, offsetting a larger-than-expected build in U.S. crude inventories. For full story, click here
Continue reading "U.S Crude Surged above $70/bbl after 1% Gain"
Thursday, June 11, 2009
U.S. crude futures surged by $1.00 a barrel to hit a new seven-month above $71 on Wednesday, extending the previous session’s gain of 2.8 percent after data showed a steep dip in U.S. crude inventories. For full story, click here
Continue reading "U.S Crude Futures surged $1/bbl on lower U.S Crude Inventories"
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"
Thursday, April 23, 2009
New York’s main futures contract, light sweet crude for June, surged to US$48.8 while Brent North Sea crude for delivery in June rose to US$50.10. For full story, click here
Continue reading "Crude Oil futures rose to $48.8"
Monday, April 20, 2009
U.S. crude oil futures dipped more than $4 on Monday on curbed optimism about the economy as stock markets retreated, the dollar increased and oil inventories swelled. For full story, click here
Continue reading "U.S Crude Oil Futures dipped $4 on economy concerns"
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Monday, November 29, 2010