Tag Archive | "new york mercantile exchange"

Crude, Heating Oil Increase on Service Expansion: Oil Products

Wednesday, January 5, 2011

Bloomberg reports that Crude oil, heating oil and gasoline advanced more than 1 percent.

Crude Oil May Reach $150 in Four Years

Wednesday, December 8, 2010

Bloomberg reports that Crude oil may rise to as much as $150 a barrel over the next three to four years.

Oil Prices End Lower on Growing Global Uncertainty

Tuesday, November 23, 2010

Abcnews reports that Oil prices dropped for a third day on Tuesday with persistent worries about the global economy.

Oil continues to slide, natural gas rises 5.6 pct

Wednesday, November 17, 2010

Washingtonpost reports that Oil prices continued to slide on lingering concerns about economic stability in Europe.

Breaking Market Alert

Thursday, January 14, 2010

According to Wall Street News Alert's "stocks to watch" are: Fidelis Energy Inc. (PINKSHEETS: FDEI), Exxon Mobil Corporation (NYSE: XOM), Apple Inc. (NASDAQ: AAPL) and Chesapeake Energy Corporation (NYSE: CHK).

Oil Price Drops on Job Losses

Monday, February 9, 2009

The United States government statement that U.S. employers had slashed over a half million jobs in January, the highest yet in 35 years, lead to crude oil prices dropping just below $41 a barrel, way below the high of $147 a barrel last summer. There is a link between layoffs and the demand on oil, say analysts, as those laid off see no need for the daily commute, and buy less of petroleum products like toys and raincoats.

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