Oil Rises to Trade Near 10-Day High
Bloomberg reports that Oil traded at the highest price in two weeks on speculation cold weather in Europe will increase fuel demand.
Articles Tagged "futures"
Crude Oil Rises From Lowest Level in a Week
Bloomberg reports that Oil rose from the lowest level in a week after the U.S. economy grew more than previously estimated in the third quarter.
Oil Has Biggest Weekly Decline in Three Months
Bloomberg reports that Oil fell, posting its biggest weekly loss in three months.
Oil Rebounds From Four-Week Low
Bloomberg reports that Oil rose, rebounding from a four- week low.
British Petroleum Oil Spill Draws Criminal Speculation
The oil spill liability could extend well beyond British Petroleum as Transocean Ltd., Halliburton Co. and Cameron International Corp. all had some exposure to this series of current events.
JX Spends $5.4 Billion for Copper Mines and Oil Fields
JX Holdings Inc (5020.T), Japanese oil and mining giant, confirms its interest in 500-billion yen ($5,37-billion) worth of exploration and development of copper mines and oil fields in the next three fiscal years. The article is quoted saying: JX Holdings, through Nippon Oil and Nippon Mining, has stakes in several mines and oil and gas [...]
Medvedev of Russia Interested in Oil and Gas Syria Projects
Russian President Dmitry Medvedev has confirmed Russia’s great interest in the oil and gas projects in Syria. Russian Deputy Foreign Minister Alexander Sultanov told the official Syrian Arab News Agency, “A main trend in the economic cooperation is currently reflected in the oil and gas projects, including transportation of energy resources, electric power, water and [...]
South Parse: Talking Turkey
By Duncan Sutherland – Exclusive to Gas Investing News Market news What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches. Barring a major depression of the sort where people make shoelace soup, winter means more demand for natural gas. So, [...]
South Parse:Warning signs
By Duncan Sutherland – Exclusive to Gas Investing News Market news The high US$6 – mid US$7 NYMEX future price seems to be relatively stable given the incredible volatility of other commodities and market indices. Though this stability is preventing gas investors from riding the same emotional rollercoaster that most other investors have boarded, it has had a [...]
Upgrader:Harper’s gambit
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market news The short to medium term outlook for oil sands and heavy oil projects remains negative. As the barrel price for light sweet crude remains (relatively) low, new investments in oil sands projects are unlikely to be forthcoming. The combination of low prices and [...]
