Crude, Heating Oil Increase on Service Expansion: Oil Products
Bloomberg reports that Crude oil, heating oil and gasoline advanced more than 1 percent.
Continue reading "Crude, Heating Oil Increase on Service Expansion: Oil Products"
Bloomberg reports that Crude oil, heating oil and gasoline advanced more than 1 percent.
Continue reading "Crude, Heating Oil Increase on Service Expansion: Oil Products"
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.
Continue reading "Crude Oil May Reach $150 in Four Years"
Tuesday, November 23, 2010
Abcnews reports that Oil prices dropped for a third day on Tuesday with persistent worries about the global economy.
Continue reading "Oil Prices End Lower on Growing Global Uncertainty"
Wednesday, November 17, 2010
Washingtonpost reports that Oil prices continued to slide on lingering concerns about economic stability in Europe.
Continue reading "Oil continues to slide, natural gas rises 5.6 pct"
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).
Continue reading "Breaking Market Alert"
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.
Continue reading "Oil Price Drops on Job Losses"
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Wednesday, January 5, 2011