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Tag Archive | "price"

Oil price declines do not hit BG earnings

Wednesday, February 11, 2009

Oil price declines do not hit BG earnings as hard as those of other listed oil and gas peers. For full story, click here

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Crude to average $70 next year

Sunday, February 8, 2009

Goldman Sachs Group Inc. expects crude to average $70 next year. Fror full story, click here

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Crude oil has slumped more than 70 percent

Sunday, February 8, 2009

Crude oil has slumped more than 70 percent in New York from a record in July as the global recession erodes demand. For full story, click here

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Dana Petroleum gains after operational update

Friday, February 6, 2009

Shares in Dana Petroleum gain 5.1 percent after the oil and gas producer says its average production for 2008 rose 29 percent to 39,400 barrels of oil equivalent per day (boepd), and its 2009 output is likely to be between 37,000 boepd and 41,000 boepd. For full story, click here

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Crude settled higher at $41.17 a barrel

Friday, February 6, 2009

The oil and gas group rose 1.9 percent as the price of crude settled higher at $41.17 a barrel. For full story, click here

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Crude oil for March delivery gained

Thursday, February 5, 2009

Crude oil for March delivery gained as much as $1.01 (nearly Rs49), or 2.5%, to $41.79 a barrel in electronic trading on the New York Mercantile Exchange. For full story, click here

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Oil prices rise on signs Opec is cutting supply

Thursday, February 5, 2009

Crude oil rose for a second day on signs that Organization of the Petroleum Exporting Countries (Opec) is implementing the record production cut announced in December. For full story, click here

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Oil falls below $42, Saudi says price to stabilise

Tuesday, February 3, 2009

Oil fell below $42 a barrel, in a retreat from session highs achieved earlier partly in response to a weak US dollar and comments from Saudi Arabia that OPEC supply cuts will stabilise the market. For full story, click here

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Oil majors’ outlook stable despite price drop

Monday, February 2, 2009

Credit ratings agency Moody’s Investors Service said that the financial outlook for oil majors’ is stable despite a sharp fall in oil prices. For full story, click here

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Oil prices higher amid hopes for economic rebound

Thursday, January 29, 2009

Oil prices rose on Wednesday as hopes for an economic rebound offset the impact of surging US crude oil inventories and a gloomy global outlook from the International Monetary Fund. Thierry Lefrancois of French investment bank Natixis, said: If US inventory stats continue to disappoint, we should expect to see a re-cheapening of WTI (West [...]

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