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Saturday, November 21, 2009 3:36 AM

Crude Oil

Type: Keyphrase
Name: Crude Oil
First Reported 11/19/2009 - Updated 12 hours ago - 3 Documents (in Energy)
BG Group plc - Click to view image in its original context
BG Group plc
After a back-and-fourth week, crude oil prices are set to finish near the lower end of its established range between $75 and $82. Yesterday, crude prices tumbled as fears grew surrounding to on-going economic recovery. Analysts have increasingly doubted ... [Proactive Investors.co.uk - 12 hours ago]
First Reported 12 hours ago - Updated 6 hours ago - 5 Documents (in Market News)
General Electric Company - Click to view image in its original context
General Electric Company
There's No Business Like FOX BusinessThanks to a last minute rally, stocks ended off their lows on Friday but it wasn’t enough to prevent Wall Street from falling into a three-day slump.Today's MarketsThe Dow Jones Industrial Average fell 14.28 points, ... [FOXBusiness.com - 6 hours ago]
First Reported 11 hours ago - Updated 6 hours ago - 3 Documents (in Energy)
Valero Energy Corporation - Click to view image in its original context
Valero Energy Corporation
NEW YORK (MarketWatch) -- Crude futures fell Friday for a second straight session, reducing their weekly gains as a rebounding dollar and weaker stock markets continued to weigh on commodities trading.Gasoline futures rose after Valero Energy Corp., the ... [MarketWatch - 6 hours ago]
First Reported 11/19/2009 - Updated 11/20/2009 - 2 Documents (in Environment)
LONDON -- Crude oil fell for the first time in four days as the dollar gained against the euro, dulling the appeal of commodities as a currency hedge.Oil fell from a one-week high reached Wednesday after the U.S. Department of Energy said crude stockpiles ... [China Post - 11/20/2009]
First Reported 11/19/2009 - Updated 13 hours ago - 2 Documents (in Energy)
Oil falls first day in four on dollar, jobs data (Nov. 19)Techs drag on Asian markets, Nikkei drops 0.5% (4:56a)Stocks close lower on tech, economic jitters (6:05a)A reality check for investors mulling sale of gold (7:00a)Story Quotes Comments Screener ... [MarketWatch - 13 hours ago]
First Reported 11/19/2009 - Updated 11/19/2009 - 2 Documents (in Environment)
(RTTNews) - Crude oil finished moderately higher on Wednesday as traders considered data showing a drop in inventories last week.Light sweet crude for December delivery rose to $79.58 per barrel, up 44 cents on the session. Prices reached as high as $80.23 ... [Forex TV - 11/19/2009]
First Reported 11/19/2009 - Updated 11/19/2009 - 2 Documents (in Energy)
U.S. crude oil production for October averaged 5.36 million barrels per day, continuing at levels not seen since 2005, according to API's Monthly Statistical Report.Crude production from the Lower 48 states averaged 4.67 million barrels per day, up from ... [Rigzone - 11/19/2009]
First Reported 7 hours ago - Updated 6 hours ago - 2 Documents
Aramco expected to drop Dubai/Oman crude assessment price as its basis for Asian exportsReutersSingapore/Dubai: Saudi Arabia is all but certain to adopt the Dubai Mercantile Exchange's (DME) Oman crude oil futures contract as its benchmark one day, oil ... [Gulf News - 6 hours ago]
First Reported 11/19/2009 - Updated 11/19/2009 - 3 Documents
Abuja The Federal Government will reduce fuel importation by 40 per cent after the Kaduna and Warri refineries commence full operation by mid December, the Minister of State for Petroleum, Mr. Odein Ajumogobia, SAN, said in Abuja yesterday.Ajumogobia, ... [AllAfrica.com - 11/19/2009]
Entities: Refinery, Warri, Kaduna
First Reported 7 hours ago - Updated 6 hours ago - 2 Documents (in Economy)
LOS ANGELES (MarketWatch) -- Mexican stocks lost ground Friday, ahead of the arrival of the country's report on how its economy fared during the third quarter, and as investors continue to take gains off the table in the wake of recent highs.The benchmark ... [MarketWatch - 6 hours ago]
First Reported 18 hours ago - Updated 13 hours ago - 2 Documents
New York's main contract, light sweet crude for December delivery dipped by two dollars to US$77.4, while London's Brent North Sea crude for January fell to US$77.8. As the dollar rose and doubts of a sustainable global economic recovery resurfaced, oil ... [Plastemart.com - 13 hours ago]
First Reported 11/19/2009 - Updated 11/19/2009 - 2 Documents (in Energy)
LONDON (Reuters) - OPEC could decide to raise oil output slightly at its ministerial meeting next month if there were to be a substantial rise both in oil demand and prices, Nigeria's oil minister said on Thursday.Asked on the sidelines of an oil and ... [Reuters Africa - 11/19/2009]

Quotes

...exploration companies were initially opposed to the idea of building a refinery and, instead, wanted to build a pipeline to export the crude oil. "Then I made a trip to Iran, which is not a popular country in some parts of the world. Through the president, I learnt that they have nine refineries and are building another seven." He said the discovery of petroleum deposits in Uganda is a signal that there may be oil in other parts of the western rift valley, which is shared by...
"When oil prices failed to take out their highs of $US82 a barrel, it left a lot of people long crude oiloil futures liquidating their positions as they reassessed where this oil market is going to go."
Light Louisiana Sweet rose 35 cents to $2.00 a barrel over West Texas Intermediate. Mars sour gained 45 cents to $1.70 under WTI. "I would suspect the trade is 99.5 percent done by Monday" an analyst said, noting pipeline scheduling is due Wednesday, the day before the U S Thanksgiving holiday. December WTI expired down 74 cents at $76...

More Content

All (15057) | News (12948) | Reports (1) | Blogs (1859) | Audio/Video (11) | Fact Sheets (233)
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Economic concerns, rising U.S. currency push st... [Canoe Money - 4 hours ago]
US stocks join global retreat [The Age - 4 hours ago]
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Crude Exits December Contract at Trading Ran... [Rigzone - 5 hours ago]
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In Focus
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Blogs

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A Wiser Use of Borrowed Money [The Market Oracle - 4 hours ago]
PM By: Andy_Sutton It nearly slipped through the cracks this week as mediastocracy marveled at the apparent lack of inflation as the PPI and CPI reports his the ...
UPDATE 5-Valero shuts Delaware refinery, takes ... [Economy-Finance - 6 hours ago]
* Sees charge of $1.7 bln-$1.8 bln, cuts of 550 jobs * Expects reduced operating expenses * Shares firm 1.1 pct in early trade * Refinery lost more than ...
Rig Count Growth Mostly Positive (BHI, OIH, DIG... [24/7 Wall St. - 9 hours ago]
Baker Hughes, Inc. (NYSE: BHI) has released its data on the weekly rig counts and most are up. We are watching the key ETF products react via the Oil Services HOLDRs ...
Valero to Permanently Close 210,000 bpd Delawar... [Green Car Congress - 9 hours ago]
Valero Energy Corporation intends to permanently shut down its Delaware City, Delaware refinery due to financial losses caused by very poor economic conditions, ...
Valero to Permanently Close 210,000 bpd Delawar... [Green Car Congress - 12 hours ago]
Valero Energy Corporation intends to permanently shut down its Delaware City, Delaware refinery due to financial losses caused by very poor economic conditions, ...
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Audio/Video

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Schork Says Crude Oil's Decline Linked to U.S. ... [Bloomberg - YouTube - 1 hour ago]
Sieminski Says Oil Demand `Weak' Despite U.S. R... [Bloomberg - YouTube - 11/13/2009]
Fritsch Says Dollar Remains Key Driver of Gold ... [Bloomberg - YouTube - 11/10/2009]
Meir Says Crude Oil Prices Could Reach $90 By Y... [Bloomberg - YouTube - 11/04/2009]
Oil surges [Reuters Video: Business - 08/19/2009]
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