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Posts tagged: oil

Oil hangs below $93 as stock rebound buoys crude

May 22, 2012
Oil prices hung below $93 a barrel Tuesday in Asia, holding gains from the previous day as crude followed global stock markets higher.

Guest Commentary: Oil Price Weekly Outlook May 21-25

May 21, 2012
Oil prices continued their downward trend during most of last week. During the upcoming week there are several reports and publications that may affect the oil market including the U.S core durable goods, new and existing home sales reports and U.S jobless claims.

Oil up slightly on hope for better demand in China

May 21, 2012
Oil prices are climbing as the possibility that China may increase efforts to stimulate economic growth is tempering concerns about Greece's debt crisis.

Oil rises to near $92 ahead of Iran nuclear talks

May 21, 2012
Oil edged up closer to $92 a barrel Monday ahead of another round of talks over Iran's nuclear program.

The Top Five Eagle Ford Shale Oil Stocks

May 21, 2012
The shale oil boom is turning out to be even bigger than anyone predicted. Recently Money Morning told you about the Bakken oil shale boom. The Eagle Ford shale oil formation in south Texas is nearly as large, and production there is ramping up rapidly. Eagle Ford is among ...

Crude Oil, Gold Aim Higher as Risky Assets Mount Relief Rally

May 21, 2012
Crude oil and gold have scope to recover, the former tracking recovering risk appetite and the latter capitalizing on waning haven demand for the US Dollar.

Oil rises above $92 ahead of Iran nuclear talks

May 21, 2012
Oil rose above $92 a barrel Monday in Asia ahead of talks this week aimed at avoiding a military conflict over Iran's nuclear program.

Oil rises near $92 ahead of key Iran nuclear talks

May 21, 2012
Oil prices rose to near $92 a barrel Monday in Asia ahead of talks this week aimed at avoiding a military conflict over Iran's nuclear program.

Seaway pipeline sends oil to Texas in historic reversal

May 19, 2012
HOUSTON (Reuters) - The Seaway pipeline began pumping crude from Cushing, Oklahoma, oil tanks to the heart of the U.S. refining industry in Houston on Saturday, marking a historic shift in the way oil flows across the United States. The first barrels went into the line about noon CDT (1700 ...

Japan looks to central bank to pay for Iran oil: Nikkei

May 18, 2012
(Reuters) - The Japanese government and private sector bank officials are considering asking the Bank of Japan (BOJ) for help in settling Iranian oil transactions, the Nikkei reported. Bank of Tokyo-Mitsubishi UFJ, which handles most of Japan's payments for oil imports from Iran, on Thursday said it had frozen transactions ...