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Oil prices fall on increased Opec output hopes
" Oil prices have fallen on hopes that the Opec cartel of oil producers might be about to boost production for the first time in two years. US light crude was down $1.61 at $103.84 a barrel, while Brent crude was down 85 cents at $114.19 a barrel. US crude oil prices been...Learn About Crude Oil Futures
Crude oi is one important kind of commodities. Therefore, a real asset that can be traded through exchange houses through futures contracts, exchange traded notes, royalty trusts, and oil and gas exploration companies. Sometimes we talk about energies terms to mention about...
Crude Awakening Blockades UK's Busiest Oil Refinery for 5 Hours
This is not a rally, a demo or a march but mass direct action aimed to disrupt the flow of oil into London, said the headline on the paper handout given to Crude Awakening protesters when they boarded a train... The complete Guide to Heating Oil
A thorough look at heating oil. How it’s made and the economics behind it. Gasoline Prices to Approach $5 Per Gallon by 2010!
If experts in the oil and gas and financial services industries are on target, Americans should expect to see fuel costs rise during the remainder of 2009. In particular, they should expect to see gas prices... Crude Oil Price to Jump 31 Percent!
By Bob McCarty at BobMcCarty.com When Rush Limbaugh mentioned Goldman Sachs’ prediction about the price of oil on his radio show today, I decided to share the statement American Petroleum Institute President Jack... Oil slips to $38 on US retail sales data
The Prices of Crude Oil continues to decline. Oil slipped back towards $38 a barrel on Wednesday, giving up big early gains after news of worse-than-expected US retail sales figures depressed stock markets and hit... But overnight the price of oil rose 85¢ to $43.48 on the Lebanese
But overnight the price of oil rose 85¢ to $43.48 on the Lebanese attack on Israel The Feb NYMEX oil contract closed at $42.63, down substantially from $48.58 the day before and under the 10-day and 20-day moving averages. The WSJ says the 12% drop is the biggest...falling oil prices that set the stage for the us dollar currency
falling oil prices that set the stage for the us dollar currency recovery The Feb NYMEX oil contract closed at $48.81 from $46.34, breaking the 20-day moving average to the upside as well as the linreg channel top. This is quite frightening since it was falling oil prices... Oil price slides to 20-month low
Despite hope from the oil markets that demand from China would see an end to the oil price slide prices today fell to a 20 month low. Wether this will be reflected anytime soon in price falls at fuel pumps is...
created by Paul Conneally | 3 years ago | updated 3 years ago
379 views | 67 recommendations | 10 comments
379 views | 67 recommendations | 10 comments
Oil traders think it will go well under $50
Oil traders think it will go well under $50 The Nov NYMEX Crude Oil futures contract rose to $71.85 at the close on Friday after $69.85 the day before, but events are racing ahead. OPEC will hold its meeting early on Oct 24 and announce a cut of 1-2 million barrels per day,...Oil Prices are down 18% from a year ago and have dropped 51% from the record ...
Oil Prices are down 18% from a year ago and have dropped 51% from the record $147.27 a barrel reached on July 11 The Nov NYMEX oil futures contract closed lower at $74.53 from $78.63 the day before. It is now firmly under the $80 key level. Today it fell further to $71.21,...Gasoline Price Makes Biggest Drop Ever
The average rate for a gallon of gasoline in the US fell drastically, as the largest drop on record. Consumer demand, falling oil prices and the worldwide financial crisis have all driven the price of gas...
created by Terri Potratz | 3 years ago | updated 3 years ago
250 views | 4 recommendations | 2 comments
250 views | 4 recommendations | 2 comments
Crude Oil price fall could result in a production cut
Crude Oil price fall could result in a production cut The Nymex Crude Oil futures contract closed a bit higher than the day before at $90.06, from $88.96, although the chart is fairly clear-the crude oil trend is downward. We are sticking to our idea that a price of $80 is...Tomorrow we get the US Crude Oil inventory report
Tomorrow we get the US Crude Oil inventory report The Oct Nymex Crude oil futures contract spiked to a high of $130 yesterday and closed at $120.92 off the low of $103.35. Don’t panic—the high is a function of the Oct contract rolling off into the Nov. Crude Oil Traders...NowPublic on Facebook
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