Oil Prices

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Latest blogosphere posts tagged “Oil Prices”

  • Dubai woes ease


    VerySmartInvestingAuthority Authority: 131
    Dow fell 154, decliners over advancers 5-1 & NAZ was off 37. The popular averages remain within striking distance of their 2009 highs set in the last week (or so). Banks however are not so fortunate. The Financial Index is waffling around the low end of its 190-210 range (shown in the chart below), a disturbing ...
    20 hours ago
  • Stocks tumble on Dubai debt crisis


    VerySmartInvestingAuthority Authority: 131
    Dow recovered to a loss of 130 after a plunge of 200 at the opening, decliners ahead of advancers 5-1 & NAZ dropped 26. Dubai worries dominate thinking. Banks slumped taking the Financial Index to the low end of its current trading range. S&P 500 FINANCIALS INDEX Value 194.19 Change -2.98 ...
    1 day ago
  • Bleed red ink: Alberta projects higher revenues, but deficit will still be a record $4.3B.


    InvestmentWatchAuthority Authority: 156
    EDMONTON - Alberta is boosting its revenue estimates by $3 billion at the midpoint of the fiscal year, but the province continues to bleed red ink. Premier Ed Stelmach’s Tory government is still predicting a record $4.3-billion deficit after retooling its revenue projections and trimming spending. Early ...
    1 day ago
  • Crude Oil my touch $100 Per Barell


    LEGAL & FINANCIAL UPDATES FROM TAX GURUAuthority Authority: 451
    Crude prices jumped to $78 per barrel and then tilted back. Crude prices have surged more than 60% since March. The Organization of Petroleum Exporting Countries and the U.S. Energy Information Administration recently boosted their demand outlook... [[ This is a content summary only. Visit my website www.taxguru.in ...
    1 day ago
  • Dow edges up to a new high for 2009


    VerySmartInvestingAuthority Authority: 131
    Markets just lumbered along on a very quiet day as many successful players already started their long holiday weekend. Dow gained 30 to 9464, good enough for another new high for 2009. Advancers were ahead of decliners 2-1 & NAZ gained 6 (but short of a new yearly high). Banks lost ground remaining in the low end ...
    2 days ago
  • The New Crude Oil Benchmark That Could Change the Oil Market’s Price Dynamics


    Investment UAuthority Authority: 545
    The New Crude Oil Benchmark That Could Change the Oil Market’s Price Dynamics by Sheena Martin , Contributing Editor Tuesday, November 24, 2009 Earlier this month, the world’s largest oil producer set the table for a move away from traditional light, sweet crude oil. Saudi Aramco, the state-owned company ...
    3 days ago
  • Anadarko: Well-positioned for the oil/natural gas boom


    BloggingStocksAuthority Authority: 654
    Filed under: Anadarko Petroleum (APC) , Stocks to Buy So much for oil plummeting to $30 per barrel on a supply glut. The price of oil, the worlds most vital commodity, is currently largely divorced from supply/demand fundamentals, and thats one reason Im reiterating my buy rating for oil/natural gas company ...
    3 days ago
  • Stocks struggle to advance


    VerySmartInvestingAuthority Authority: 131
    Popular averages rebounded a little after initial selling. Dow was off 33, decliners over advancers almost 2-1 & NAZ was down 10. Buying in the PM can still take the Dow to another yearly high. After getting a lot of attention, banks are selling off. The Financial Index cant get away from sideways pattern near ...
    4 days ago
  • Oman estimates oil price at $70-$80 per barrel in 2010


    Dubai Business | KippreportAuthority Authority: 547
    Oman expects to see oil prices ranging between $70 and $80 a barrel in 2010, Ahmad Mekki, Oman’s national economy minister said on Tuesday. “The 2010 budget has been set for production of 870,000 barrel per day and we see oil prices in the range of $70-$80 per barrel,” he said. Oman is basing its 2010 budget ...
    4 days ago
  • Daily Highlights: 11.24.09


    zero hedgeAuthority Authority: 761
    As banks build capital, Treasury wants TARP to focus on lending. Asian stocks fall on Japan deflation, share-sale concern; Dollar, Yen gain. China shares retreat on policy uncertainty ahead of government economic meeting. China’s 5 largest banks submit plans for raising capital to the industry regulator. Fed ...
    4 days ago
  • Markets held most of early gains


    VerySmartInvestingAuthority Authority: 131
    Dow gained 132, advancers over decliners better than 3-1 & NAZ rose 30 (but not good enough for a 2009 high). Banks had a good day & the Financial Index continues to waffle around 200 as it has done for 3 months. S&P 500 FINANCIALS INDEX Value 199.08 Change 2.88 % Change 1.5% ...
    4 days ago
  • Despite What the News Tells You, Crude Oil Prices Set to Fall


    Investment UAuthority Authority: 545
    Despite What the News Tells You, Crude Oil Prices Set to Fall by Sheena Martin , Contributing Editor Monday, November 23, 2009 Is the price of oil headed for $100 per barrel again? Many say it is. But to be frank, the “fair price” is much lower than the current range of $75-$83 per barrel. If you focus ...
    4 days ago
  • Could denying bedroom privileges save the planet?


    Ohaiyo Business MagazineAuthority Authority: 135
    There will be a record number of side events at the United Nations-sponsored climate talks in Copenhagen next month, but one woman’s one-woman show could give the delegates, most of whom will be men, the incentive they really need to agree a new global warming treaty. In “ The Boycott “, Kathryn Blume plays ...
    4 days ago
  • Stocks surge on October housing purchases


    VerySmartInvestingAuthority Authority: 131
    Dow exploded out of the gate & continues near its best levels. Dow is up 155, advancers over decliners 6-1 while NAZ rose 36. Dow is at another 2009 high, NAZ is only a few points away from its high set last week. Banks are doing well, the Financial Index once again is trying to get over the 200 line (it needs ...
    5 days ago
  • The Best Energy Investments in the World


    Contrarian Stock Market Investing News - Featuring Bargain StocksAuthority Authority: 430
    An interview with Marin Katusa, Casey Research In the past three years, Marin Katusa, senior energy analyst at Casey Research, has become one of the most respected and listened-to authorities in the investment advisory business. He spends the bulk of his time on airplanes and in far-off places studying the future ...
    5 days ago
  • China Techfaith In The Watchlist – Stocks To Watch - RTT News


    Beijing 2008 StadiumAuthority Authority: 145
    Most recently, the company signed deals to provide game content services to Chinese mobile In addition to the built-in games, mobile phone users can also download and play other 798 mobile phone games free of charge. However, the users will be Continue .. LONDON (Reuters) — Oil prices rose more than 1% to ...
    5 days ago
  • StanChart still negative on UAE for 2009


    ArabianMoney.NetAuthority Authority: 434
    Standard Chartered Bank economists today insisted that the UAE will see negative growth of one per cent in 2009, despite protests from some senior local officials who still expect the emirates to enjoy positive growth this year. ‘Oil production is down and that is the main reason for the fall in GDP as well as [...]
    5 days ago
  • Gulf construction in crisis after real estate crash


    ArabianMoney.NetAuthority Authority: 434
    The sudden termination of financial facilities and plunging value of property that has crashed real estate markets across the Gulf region is also very bad news for local contractors. Sites have been abandoned. Payments are way behind schedule. New contracts are like gold dust. Against the worst business outlook since ...
    5 days ago
  • Premature commodities rally at risk of implosion


    ArabianMoney.NetAuthority Authority: 434
    One of the big stories in the UK press last week was The Daily Mail scoop about the number of tankers parked off the British Isles, apparently waiting for oil prices to rise to cash in.The newspaper got the story completely the wrong way around. The tankers full of distillates and crude signal an oversupply [...]
    6 days ago
  • Is the market reversal already happening?


    ArabianMoney.NetAuthority Authority: 434
    Market rallies do not always end with the trumpets sounding and horns blazing. A major reversal may look more like an oil tanker coming to a halt, and last week had most of the tell tale signs that you would expect to see. The dollar, for example, bounced off $1.50 and closed higher. Bond yields [...]
    6 days ago

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