Crude, Heating Oil Increase on Service Expansion: Oil Products
Bloomberg reports that Crude oil, heating oil and gasoline advanced more than 1 percent.
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Tag Archive | "york mercantile exchange"
Crude Oil May Reach $150 in Four Years
Wednesday, December 8, 2010
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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Oil Prices End Lower on Growing Global Uncertainty
Wednesday, November 24, 2010
Abcnews reports that Oil prices dropped for a third day on Tuesday with persistent worries about the global economy.
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Oil continues to slide, natural gas rises 5.6 pct
Wednesday, November 17, 2010
Washingtonpost reports that Oil prices continued to slide on lingering concerns about economic stability in Europe.
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Buyers To Buy If Prices Weaken
Friday, September 25, 2009
If bearish sentiment continues for a bit, expect to see a potential break below support levels around $67.35. Further declines in shipping rates due to reduced Chinese demand can be expected to continue, highlighted by expectations for a 50 per cent drop in freight rates in the next four months.
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PetroChina, Canada Ink Deal
Tuesday, September 1, 2009
Prices of light, sweet crude on the New York Mercantile Exchange are currently trading at half their peak hit in July last year. This has led some producers to postpone oil sands projects as they are capital-intensive and need crude futures above a certain threshold to be viable. US oil demand is also in the doldrums due to the global economic downturn, making it harder for producers to justify investments in new crude oil production. However, PetroChina has gone ahead with its investment in Canadian oil sands.
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- Adira Energy Ltd. – Developing Energy Resources in Israel
- Blackbird Energy Inc. – Exploration and Development of Crude Oil and Natural Gas Assets
- Hyperion Exploration Corp. – Focused on Cardium Light Oil in West Central Alberta
- Manitok Energy Inc. – Oil and Gas in the Western Canadian Sedimentary Basin
- Pennant Energy Inc. – Oil and Gas Exploration at the Bigstone Property, Northern Alberta
- Primary Petroleum – Alberta Basin Bakken
- Simba Energy Inc. – Pursuing Oil and Gas Opportunities in West Africa
- Zone Resources Inc. – Developing the Girard Iron Property
Asides
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Wednesday, January 5, 2011