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Thursday, March 18, 2010 6:34 PM

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First Reported Mar 17 2010 - Updated 12 hours ago - 3 Documents

$83 per barrel mark crossed by Crude oil prices

After a sharp run-up, boosted by the U. S. Federal Reserve's interest rate decision, crude oil prices closed in on $83 per barrel Wednesday.The Fed on Tuesday said it would maintain "exceptionally low" interest rates of zero to 0.25 percent "for an extended ... [Published 12 hours ago by Topnews.in]
First Reported Mar 17 2010 - Updated 19 hours ago - 1 Documents

Oil prices up for 3rd time in March

MANILA, Philippines - Local oil companies have raised prices of gasoline, diesel and kerosene by 50 centavos a liter.Petron Corp., the country's biggest oil retailer and refiner, took the lead in the latest oil price increase as early as 12 noon on Tuesday, ... [Published Mar 17 2010 by Philippine Daily Inquirer]
First Reported Mar 16 2010 - Updated Mar 16 2010 - 2 Documents

Crude oil prices rebound Tuesday

Crude oil prices rebounded Tuesday, topping $82 per barrel after the Federal Reserve elected to keep interest rates at historic lows.Traders are also concerned with an Organization of Petroleum Exporting Countries meeting in Vienna that convenes Wednesday. ... [Published Mar 16 2010 by Poten & Partners]
First Reported Mar 16 2010 - Updated Mar 16 2010 - 1 Documents

With the rise in dollar index, Crude oil prices comes down

Dropping below $80 per barrel on the New York Mercantile Exchange, crude oil prices fell on Monday, as the dollar index rose 0.5 percent.Losing $1.37, April delivery, light, sweet crude settled at $79.87 per barrel. Heating oil prices shed 0.031 cents ... [Published Mar 16 2010 by Topnews.in]
First Reported Mar 12 2010 - Updated Mar 13 2010 - 2 Documents

After hitting $82 mark Crude oil prices again comes down

After hitting a peak last reached two months ago, Crude oil prices settled at less than $82 per barrel on the New York Mercantile Exchange Friday.There has been a swing in the prices from $82.75 per barrel in early January to near $71 in early February ... [Published Mar 13 2010 by Topnews.in]
First Reported Mar 12 2010 - Updated Mar 12 2010 - 1 Documents

Oil dips on gloomy consumer sentiment

NEW YORK (CNNMoney.com) -- Oil prices fell Friday, as a preliminary consumer sentiment report came in worse than expected, overshadowing a rosy government retail sales report and a weaker dollar.What prices are doing: Crude for April delivery dropped ... [Published Mar 12 2010 by CNN]
First Reported Mar 11 2010 - Updated Mar 11 2010 - 1 Documents

Crude oil tops $82 per barrel

Crude oil prices topped $82 per barrel on the New York Mercantile Exchange as indications demand would rise trumped a report on increased stockpiles.The U.S. Energy Information Administration said Wednesday crude oil supplies rose by 1.4 million barrels ... [Published Mar 11 2010 by Poten & Partners]
First Reported Mar 05 2010 - Updated Mar 06 2010 - 3 Documents

Oil jumps to 2-month high on jobs report

NEW YORK (CNNMoney.com) -- Oil prices rose Friday following a better than expected employment report from the government, boosting optimism about recovering fuel demand.What prices are doing: Light, sweet crude oil for April delivery climbed $1.29, or ... [Published Mar 05 2010 by CNN Money]
First Reported Mar 03 2010 - Updated Mar 04 2010 - 6 Documents

Crude oil prices back under $81

Crude oil prices remained elevated Thursday morning after the previous run up above $81 per barrel despite rising U.S. inventories.The Energy Information Administration said U.S. stockpiles rose by 4.1 million barrels in the week ending Feb. 26. Gasoline ... [Published Mar 04 2010 by Poten & Partners]
First Reported Mar 01 2010 - Updated Mar 02 2010 - 3 Documents

Rise in dollar index makes Crude oil prices to settle under $79

As the dollar index rose sharply, up by 0.47 percent, crude oil prices settled under $79 per barrel Monday on the New York Mercantile Exchange.After dropping by 80 cents, April delivery of light, sweet crude settled at $78.75 per barrel on Monday after ... [Published Mar 02 2010 by Topnews.in]
First Reported Feb 26 2010 - Updated Feb 27 2010 - 4 Documents

Crude oil prices climb above $79 per barrel

With the dollar index down 0.52 percent, crude oil prices climbed solidly above $79 per barrel Friday on the New York Mercantile Exchange.Still holding within a new holding pattern between $78 and $80 that began in mid-February, the price of April delivery ... [Published Feb 27 2010 by Topnews.in]
First Reported Feb 16 2010 - Updated Feb 16 2010 - 2 Documents

Chicago gas prices drop 15 cents in month

"Oil prices have dropped considerably, which has given consumers some relief at the pump in the last month" says Beth Mosher, AAA Chicago's spokesperson.-- In Cook County, self-serve regular unleaded gasoline averages $2.83, which is down $.13 cents from ... [Published Feb 16 2010 by Chicago Tribune]

Quotes

...In fact, "China is in the midst of "the greatest bubble in history," said James Rickards, former general counsel of hedge fund Long-Term Capital Management LP. So, forget tulips, it looks like plum blossoms are all the rage. The characterizations get worse: "The Chinese central bank?s balance sheet resembles that of a hedge fund buying dollars and short-selling the yuan," said Rickards, now the senior managing director for market intelligence at McLean, Virginia-based consulting firm Omnis Inc. "As I see it, it is the greatest bubble in history with the most massive misallocation of wealth," Rickards said at the Asset Allocation Summit Asia 2010 organized by Terrapinn Pte in Hong Kong yesterday. China "is a bubble waiting to burst." Bloomberg reports that Mr. Rickards "joins hedge fund manager Jim Chanos, Gloom, Boom & Doom publisher Marc Faber and Harvard University professor Kenneth Rogoff in warning of a potential crash in China?s economy." Of course, not everyone agrees on what they see in China: "People making comments about bubbles possibly don?t have all the facts," HSBC Holdings Plc Chief Executive Officer Michael Geoghegan said in Shanghai today. "Regulators are in control of the banking industry, and have the ability to curb lending as needed," he said. On another topic of great interest recently that of Greece we have Harvard University?s Professor Martin Feldstein, (who warned almost two decades ago that the euro would prove an "economic liability,") who now says that Greece?s austerity plan will fail and the country may quit the single currency to fix its fiscal crisis. Bloomberg reports that Mr. Feldstein opines that: "The idea that Greece can go from a 12 percent deficit now to a 3 percent deficit two years from now seems fantasy. The alternatives are to default in some way or to leave, or both." His diagnosis clashes with that of European Central Bank President Jean-Claude Trichet, who calls Greece?s strategy "convincing" and rejects as "absurd" any speculation it might leave the euro zone. Investors nevertheless aren?t ruling out Feldstein?s analysis. Billionaire George Soros said last month that the euro "may not survive," and credit default swaps indicate a 22 percent chance"

More Content

All (279) | News (264) | Reports (0) | Blogs (13) | Audio/Video (0) | Fact Sheets (2)
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$83 per barrel mark crossed by Crude oil prices [Topnews.in - 12 hours ago]
Gold Advances for Third Day, Wholesale Inflatio... [Coin News - 15 hours ago]
Crude oil prices close to $83 per barrel [Poten & Partners - 16 hours ago]
Dow [ForexPros.com - 20 hours ago]
Crude Oil Prices Hang Above $82 [OfficialWire - Mar 17 2010]
Oil prices up for 3rd time in March [Philippine Daily Inquirer - Mar 17 2010]
Fed [ForexPros.com - Mar 16 2010]
Crude oil prices rebound Tuesday [Poten & Partners - Mar 16 2010]
Crude oil prices up tentatively [Poten & Partners - Mar 16 2010]
With the rise in dollar index, Crude oil prices... [Topnews.in - Mar 16 2010]
Crude oil prices settle under $82 [The Money Times - Mar 16 2010]
Crude oil prices close to $82 per barrel [The Money Times - Mar 16 2010]
Crude oil prices top $81 [The Money Times - Mar 16 2010]
Moody’s [ForexPros.com - Mar 16 2010]
Crude oil prices slide Monday [Poten & Partners - Mar 15 2010]
Florida gas prices inch toward $3 [Business Journal of Jacksonville - Mar 15 2010]
Papua New Guinea Oil and Gas Report Q2 2010 - n... [PR inside - Mar 15 2010]
After hitting $82 mark Crude oil prices again c... [Topnews.in - Mar 13 2010]
Lehman Brothers [ForexPros.com - Mar 12 2010]
Oil dips on gloomy consumer sentiment [CNN - Mar 12 2010]
Quality of Jamaican fuel is cause for concern [Jamaica Observer - Mar 12 2010]
With the expectations of rise in demand, crude ... [Topnews.in - Mar 12 2010]
Gold Edges Slightly Higher, Silver and Platinum... [Coin News - Mar 12 2010]
Christopher Dodd [ForexPros.com - Mar 11 2010]
Crude oil tops $82 per barrel [Poten & Partners - Mar 11 2010]
Delek US Holdings Reports Fourth Quarter and Fu... [FinanzNachrichten.de - Mar 11 2010]
Gold Slips Toward $1100/oz, Silver Retreats to ... [Coin News - Mar 11 2010]
OPEC [ForexPros.com - Mar 10 2010]
ETFs for Amped Energy Appetite [TheStreet.com - Mar 10 2010]
OSG stands by move to accept Shell surety bond [Philippine Star - Mar 10 2010]
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Blogs

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Daryl Hannah brings ethanol-powered Kill Bill T... [Autoblog Green - Mar 16 2010]
Filed under: Ethanol, Green Daily Daryl Hannah has promoted all kinds of cars powered by gasoline alternative recently, from her classic biodiesel El Camino to ...
Retailers vs rising gasoline prices [The Big Picture Blog - Mar 09 2010]
Just as retailers continued to power higher yesterday, AAA said the average price of a gallon of unleaded gasoline rose to $2.76, the highest since Oct ‘08. The ...
Coming Soon: Two More Futures-Based Commodity E... [ETFs News and Commentary from Seeking Alpha - Feb 28 2010]
ETF Database submits: Jefferies (JEF), an up-and-coming player in the commodity ETF space, has applied for SEC approval on two new commodity ETFs. The Jefferies ...
A Redundant Subsidy [The Oil Drum - Discussions about Energy and Our ... - Feb 17 2010]
Even if you are a staunch proponent of U.S. biofuel policy, it is hard to argue that the current subsidy on grain ethanol serves the purpose it was designed to serve. ...
February 10 2010: Where black swans lay their eggs [The Automatic Earth - Feb 10 2010]
William Henry Jackson The Lone Star State 1900 "Camp wagon on a Texas roundup" Ilargi: It’s becoming hard not to wonder if all these investors and speculators who ...
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