Crude Oil in Corrective Recovery
The Street reports that crude oil is in corrective recovery and is expected to stay there for the short-term.
The Street reports that crude oil is in corrective recovery and is expected to stay there for the short-term.
Bloomberg reports that Russian stocks are up for the fifth day as crude oil rose to $95 a barrel.
CNBC reports that Exxon Mobil's (NYSE:XOM) oil pipeline that spewed crude oil into Montana's Yellowstone River was temporarily shut down in May.
Depending on the investment time frame and assumed risk, opportunities currently exist in both the oil and natural gas sectors supported by current and projected market fundamentals.
Spot market oil prices fell to a two-week low in New York on speculation that the worst earthquake in Japan’s history will hurt growth and reduce fuel demand in the world’s third largest economy.
Bloomberg reports that gasoline gained in New York due to political tension in the Middle East.
Bloomberg reports that Oil rose from the lowest in three weeks.
Bloomberg reports that Crude oil, heating oil and gasoline advanced more than 1 percent.
Bloomberg reports that Crude oil rose to a 27-month high on speculation that the U.S. will be able to sustain an economic recovery this year.
Bloomberg reports that Crude oil may rise to as much as $150 a barrel over the next three to four years.
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