Crude Oil May Reach $150 in Four Years
Bloomberg reports that Crude oil may rise to as much as $150 a barrel over the next three to four years.
Articles Tagged "crude futures"
Oil Volatility Strengthens as Futures Advance to 26-Month High
Bloomberg reports that Oil options volatility strengthened as the underlying crude futures rose to a 26-month high.
Commodities Advance as Dollar Gains; Gold, Crude Oil Futures End in the Green
NASDAQ reports that Commodities finished higher for the day as crude futures while gold futures rallied to a new record high as the dollar strengthened.
Oil Prices Climb on Supply Concerns and Bernanke Comments
Oil prices gained as much as 1 percent with analysts offering further support; expecting a decline of 1 million barrels of U.S. oil supplies from 363.2 million last week. Oil inventories have not fallen nationwide for two consecutive weeks since January.
Xtreme Oil and Gas, Inc. Completes Form 10 Filing
Xtreme Oil and Gas, Inc. (PINKSHEETS: XTOG) reported the Company has filed the Form 10 with the Securities and Exchange Commission (SEC).
Magnum Hunter acquires Triad Energy
Magnum Hunter Resources Corporation (NYSE Amex: MHR) (NYSE Amex: MHR-PC) reported that the Company has closed on the previously announced acquisition of privately-held Triad Energy Corporation and affiliates, an Appalachian Basin focused energy company.
Tips for Trading the Crude Oil Market
The Articlebase.com analyzes the Tips for Trading the Crude Oil Market :
Forecast of Crude Oil and Natural Gas in 2010
The MarketOracle presents a forecast of Crude Oil and Natural Gas in 2010:
Nigeria plans to sell oilfield assets this year
The Financial Times reported on Tuesday that Nigeria plans to sell oilfield assets this year containing as much as 2 billion barrels of reserves either relinquished by Western firms or unsold in three previous bidding rounds.
Iran’s Azadegan oil field output at 40,000 bpd
On Wednesday, it was reported that the daily output at Iran's Azadegan oil field has reached 40,000 barrels per day (bpd) and will soon hit 50,000 bpd.
