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Sunday, November 22, 2009 1:55 AM

Light Sweet Crude Oil

Type: Keyphrase
Name: Light Sweet Crude Oil
First Reported 11/20/2009 - Updated 11/20/2009 - 8 Documents
Oil prices remained depressed Friday amid a strengthening dollar and concerns over sustainable economic recovery.New York's main contract, light sweet crude for December delivery, dropped 74 cents to end the week at 76.72 dollars after slumping by more ... [France24 - france - 11/20/2009]
First Reported 11/20/2009 - Updated 11/20/2009 - 7 Documents (in Market News)
Oil prices traded mixed on Friday and were likely to stay under 80 dollars amid high energy inventories in the United States, the world's biggest energy-consuming nation, analysts said.New York's main contract, light sweet crude for December delivery, ... [France24 - Americas - 11/20/2009]
First Reported 11/20/2009 - Updated 11/20/2009 - 6 Documents
Oil rose in Asian trade today as investors bought the commodity at more attractive prices, but concerns over the strength of the global economic recovery has injected caution into the market.New York's main contract, light sweet crude for December delivery, ... [Outlook India - 11/20/2009]
First Reported 11/20/2009 - Updated 11/20/2009 - 2 Documents (in Energy)
SINGAPORE, Nov 20 - Oil rose in Asian trade Friday as investors bought the commodity at more attractive prices, but concern over the strength of the global economic recovery has injected caution into the market.New York's main contract, light sweet crude ... [CapitalFM - 11/20/2009]
First Reported 11/20/2009 - Updated 11/20/2009 - 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 - 11/20/2009]
First Reported 11/20/2009 - Updated 11/20/2009 - 2 Documents
TORONTO - Highlights at the close of Friday's world financial market trading.Stocks: S&P/TSX Composite Index - 11,579.33 down 20.97 points S&P/TSX 60 - 688.99 down 1.59 pointsDow - 10,318.16 down 14.28 points; S & P 500 - 1,091.38 down 3.52 points; Nasdaq ... [Canadian Business Magazine - 11/20/2009]
First Reported 11/20/2009 - Updated 11/20/2009 - 1 Documents (in Energy)
SINGAPORE, Nov 20 (Reuters) - The Asia-Pacific light sweet crude market rose on Friday as demand for January-loading Malaysian crude rose and after India's ONGC cancelled a tender to sell January Russian Sokol cargo.Traders said the strong demand for ... [Reuters UK - 11/20/2009]
First Reported 11/20/2009 - Updated 11/20/2009 - 1 Documents
Oil prices slumped Thursday as investors locked in profits amid a rise in the dollar.New York’s main contract, light sweet crude for December delivery, fell $2.12 to $77.46 a barrel, a day after soaring past the sensitive $80 mark.London’s Brent North ... [Ar Riyadh - 11/20/2009]
First Reported 11/20/2009 - Updated 11/20/2009 - 1 Documents (in Energy)
New York -- Crude oil prices climbed briefly over $80 per barrel overnight, then settled down Wednesday.After peaking at $80.23 per barrel, December delivery of light, sweet crude hit $79.63 Wednesday. The spike occurred after the American Petroleum Institute ... [The Money Times - 11/20/2009]
First Reported 11/20/2009 - Updated 11/20/2009 - 1 Documents (in Energy)
(RTTNews) - Crude oil continued to decline on Friday on demand concerns and finished below $77 per barrel.Light sweet crude for December dropped to $76.72, down 74 cents on the session. Prices hit as low as $76.20 after briefly challenging $78.For the ... [RTTNews.com - 11/20/2009]
First Reported 11/20/2009 - Updated 11/20/2009 - 1 Documents (in Market News)
In a week dominated by continued flows of cheap money into world markets, investors faith in higher-risk assets, such as shares, commodities and higher-yielding currencies, is beginning to wane.Confidence that the US Federal Reserve will keep its interest-rate ... [National Business Review - 11/20/2009]
First Reported 11/20/2009 - Updated 11/20/2009 - 1 Documents
From: Dow Jones NewswiresOIL declined 1 per cent today as US equities faltered, reviving concerns about the pace of economic recovery and oil demand.Light, sweet crude for December delivery settled down US74 cents, or 1 per cent, at $US76.72 a barrel ... [The Australian - 11/20/2009]

Quotes

The price of December delivery light sweet crude "fell below $80 per barrel, as the U S dollar rebounded against the euro, and unseasonably mild weather in the United States raised concerns about crude oil demand levels" wrote analysts at Sucden Financial Research, MarketWatch reported Thursday
The trend for oil is bullish, according to Mark Sturdy from Seven Days Ahead Thursday. He sees Nymex light sweet crude rising to $90.50 a barrel. "The story of short sterling and the short sterling futures yields strip is basically over-pessimism" he said. He sees the short sterling Dec 10 Liffe moving to 98.17 in the short term
Asked about the indications of the oil price for 2010, the minister said that it was early to judge. "This will depend on the (global) economic recovery. Maybe this (price rise) is the effect of stimulus packages. Let's give it more time" he said.Oil fell slightly in Asian trade on Tuesday after overnight gains spurred by a weak dollar and hopes of improved energy demand amid a global...
...'Not much happened last night,' Mr Kimber said of the overnight session on Wall Street. "There wasn't much of lead. We finished quite weakly yesterday. 'Most of the focus still seems to be on the resources. All the commodities are leading the market today and that's what's holding it up.' New York's main contract, light sweet crude for December delivery, added 41 US cents to $US79.55 a barrel."

More Content

All (1293) | News (1283) | Reports (0) | Blogs (9) | Audio/Video (0) | Fact Sheets (0)
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Oil extends losses as dollar strengthens [Xinhua News Agency - 11/21/2009]
10:06amOil slips on demand concerns [The Australian - 11/20/2009]
Wall Street closes lower as investor lose risk ... [National Business Review - 11/20/2009]
Financial market highlights: TSX down 20.97 poi... [Canadian Business Magazine - 11/20/2009]
Oil prices wobble on recovery concerns [France24 - france - 11/20/2009]
Oil prices wobble on recovery concerns [France24 - Science - 11/20/2009]
Oil prices wobble on recovery concerns [France24 - Business - 11/20/2009]
Oil prices wobble on recovery concerns [France24 - Africa - 11/20/2009]
Oil prices wobble on recovery concerns [France24 - Middle East - 11/20/2009]
Oil prices wobble on recovery concerns [France24 - Asia Pacific - 11/20/2009]
Oil prices wobble on recovery concerns [France24 - europe - 11/20/2009]
Oil prices wobble on recovery concerns [France24 - culture - 11/20/2009]
Oil Drops Below $77 On Stronger Dollar, Demand ... [RTTNews.com - 11/20/2009]
Energy Stocks: Valero, Cloud Peak in focus in l... [MarketWatch - 11/20/2009]
Cable & Wireless, Shire and GlaxoSmithKline... [Proactive Investors.co.uk - 11/20/2009]
Rio Tinto, BHP, Kazakhmys and Vedanta inch lowe... [Proactive Investors.co.uk - 11/20/2009]
Gols, Silver and Platinum retreat, but Randgold... [Proactive Investors.co.uk - 11/20/2009]
Crude oil prices slide below $80 [The Money Times - 11/20/2009]
Delaware Official: Valero Shutting Delaware Cit... [Nasdaq - 11/20/2009]
FTSE 100 slides as Hammerson, British Land and ... [Proactive Investors.co.uk - 11/20/2009]
Cable & Wireless, Shire and GlaxoSmithKline... [Proactiveinvestors United Kingdom RSS feed - 11/20/2009]
Rio Tinto, BHP, Kazakhmys and Vedanta inch lowe... [Proactiveinvestors United Kingdom RSS feed - 11/20/2009]
Gols, Silver and Platinum retreat, but Randgold... [Proactiveinvestors United Kingdom RSS feed - 11/20/2009]
FTSE 100 slides as Hammerson, British Land and ... [Proactiveinvestors United Kingdom RSS feed - 11/20/2009]
Barclays, RBS, lloyds, HSBC and Standard Charte... [Proactive Investors.co.uk - 11/20/2009]
FTSE 100 turns negative as TUI Travel and Thoma... [Proactive Investors.co.uk - 11/20/2009]
Lonmin, Fresnillo and Randgold advance as gold,... [Proactive Investors.co.uk - 11/20/2009]
British Land, Hammerson and Segro fall to weake... [Proactive Investors.co.uk - 11/20/2009]
Oil slips amid strong dollar [Ar Riyadh - 11/20/2009]
Dow Jones, S&P 500 and Nasdaq fall as US Do... [Proactive Investors.co.uk - 11/20/2009]
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Gold ekes out small gain, other metals hold steady [Economy-Finance - 12 hours ago]
NEW YORK— Gold prices finished higher for a sixth straight day Friday, rising even as the dollar strengthened. The December contract added $4.90 to settle at $1,146.80 ...
Risk Trade On for Wednesday. [WSJ.com: MarketBeat - 11/18/2009]
Soft U.S. industrial production numbers for October Tuesday and Ben Bernanke’s somewhat downbeat speech Monday, curbed some of the risk appetite of market participants ...
Gordon Currie on Where to Invest in Energy Righ... [Long Investment Ideas from Seeking Alpha - 11/16/2009]
Arjun Rudra submits:The most recent U.S. Department of Energy’s weekly report paints a sorry state of U.S petroleum demand, with primary weakness coming from the ...
Peak Silver and Mining by a Falling EROI [The Market Oracle - 11/04/2009]
EROI = Energy Returned On Energy Invested - The Peak of World Silver Production may be just around the corner due to a falling EROI (energy returned on energy invested). ...
PetroChina Reports Lower Earnings [Asian Energy - 10/29/2009]
By YVONNE LEEPetroChina Co. the largest listed Chinese oil company by capacity, said Wednesday its third-quarter profit fell 23% from a year earlier because of lower ...
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