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Tag Search Results For 'ice futures exchange' (28)
[OIL PRODUCTION] Tropical Storm Edouard Heads for Texas,Jobless f…
energyBlog | September 6th 2008 by bajaenergyblog
Oil prices sank to a five-month low today as a jump in the U.S. unemployment rate signaled to traders that Americans might keep paring back their energy use to save money. The Labor Department said the economy lost jobs in August for the eighth conse read more
Oil rises to near $117 as investors eye falling US gasoline inven…
World Mining News | August 24th 2008 by santoso
Oil prices rose Thursday above $116 a barrel as investors considered a fall in U.S. gasoline inventories and a possible output tightening by OPEC at its next meeting in September. By midday in Europe, light, sweet crude for October delivery was up $1 read more
[OIL PRICES] The prices jump on tight gasoline supply report
energyBlog | July 30th 2008 by bajaenergyblog
Oil prices soared over $4 a barrel today, halting a dramatic two-week slide after a surprise drop in U.S. gasoline supplies fed speculation that record fuel prices aren't keeping Americans off the roads. But energy market analysts offered mixed views read more
[OIL PRICES] Oil resumes downward streak on demand worries
Baja energy BLOG | July 29th 2008
Oil prices tumbled more than $3 a barrel today, falling to their lowest level in seven weeks as the perception that record prices are eroding the world's thirst for energy sparked another dramatic sell-off. The drop was a throwback to oil's nosedive read more
[OIL PRICES] Oil Rises From Six-Week Low as Storm Heads for Gulf…
Baja energy BLOG | July 21st 2008
Crude oil rose from a six-week low in New York as a tropical storm headed toward the Gulf of Mexico, home to more than a quarter of U.S. oil production. U.S. forecasters said there is a 29 percent chance Tropical Storm Dolly may strengthen to a hurri read more
[OIL PRICES] Oil Falls for Third Day as Slowing Economic Growth C…
Diario Energia |BAJAENERGY BLOG | July 17th 2008 by Manu T. Laveaga
Crude oil fell for third day, the longest losing streak for a month, on speculation slower global economic growth is curbing fuel consumption. Crude has plunged more than $13 from last week's record $147.27 on falling U.S. gasoline purchases. Economi read more
[OIL PRICES] London exchange ICE may limit oil trades
Diario Energia |BAJAENERGY BLOG | June 15th 2008 by Manu T. Laveaga
Intercontinental Exchange may be forced to limit the size of U.S. oil trades on its London energy market, U.S. Commodity Futures Trading Commissioner Bart Chilton said Friday. Intercontinental, known as ICE, controls about one-fourth of the trading read more
[OIL PRICES] Crude Oil Falls to Two Week Low on Bernanke Currency…
energyBlog | June 3rd 2008 by bajaenergyblog
Crude oil fell to a two-week low on signs that the U.S. will stop cutting interest rates to bolster the dollar after Federal Reserve Chairman Ben S. Bernanke said he was ``attentive'' to the impact of the weak currency. Energy and metals dropped aft read more
[OIL PRICES] The Oil price profiteering to be curbed at ICE Futur…
Diario Energia |BAJAENERGY BLOG | May 31st 2008 by Manu T. Laveaga
Two of the world's largest energy exchanges have forced traders to deposit significantly more money when investing to curb volatility in energy markets and drive out speculators. The exchanges and related clearing houses have found themselves at th read more
[UNITED STATES] Oil prices gain while pump prices rise to new hi…
Diario Energia |BAJAENERGY BLOG | May 19th 2008 by Manu T. Laveaga
Oil futures crept higher Monday while retail gas and diesel prices reached new records, adding to the pressure on drivers planning road trips for the coming holiday weekend. Americans are now paying an average of $3.79 for a gallon of regular gas, a read more
[OIL FUTURES] Oil Falls for Second Day on Expectation of U.S. Inv…
Baja energy BLOG | May 12th 2008
Oil fell in New York for a second day on expectations that U.S. crude supplies probably gained for a fourth week on falling demand in the world's largest consumer. Crude supplies likely advanced by 2.5 million barrels to 325.6 million barrels in the read more
OiL FUTURES: Whose Oil Is the Benchmark?
energyBlog | April 29th 2008 by bajaenergyblog
It was announced last week that world oil prices had set another record. They were talking about the oil types that are traditionally considered the main ones – the American WTI ($119 per barrel) and North Sea Brent ($116). Lately Arab and Russian read more
OiL FUTURES: The Crude Prices `Not Extreme' Compared to 1980s, De…
energyBlog | March 14th 2008 by bajaenergyblog
Crude oil prices aren't yet as ``extreme'' as they were in the 1980s when adjusted for the purchasing power of U.S. consumers, Deutsche Bank AG said. ``Oil prices would need to reach $145 a barrel for it to raise energy expenditures as a percent of read more
OiL PRICES: It is hit $102 as dollar sinks against Euro
Baja energy BLOG | February 27th 2008
Oil prices broke through a new intraday high of $102 a barrel today as a slide in the U.S. dollar prompted investors to pump more money into energy futures as a hedge against inflation. The dollar sank to a record low against the euro after the rele read more
OiL PRICES: Crude Oil Falls on Forecasts U.S. Crude Inventories I…
Baja energy BLOG | February 21st 2008
Crude oil fell after touching a record yesterday amid forecasts that a U.S. government report due today will show inventories increased in the world's largest energy user. The Energy Department is scheduled to release its weekly report on inventorie read more
OiL PRICES: $101.32 barrel
Diario Energia |BAJAENERGY BLOG | February 20th 2008 by Manu T. Laveaga
Crude oil rose to a record $101.32 barrel in New York as investors look to commodities as a hedge against inflation. Oil climbed 4.7 percent yesterday on speculation OPEC will cut output at a meeting next month and as the dollar fell. U.S. stockpile read more
OiL PRICES: Bleak economic news sends crude down to $91.90
Baja energy BLOG | January 15th 2008
Oil futures dropped sharply today as a dismal retail sales report confirmed a growing view among investors that the economy is slowing and that demand for energy is likely to fall. Investors who have already been selling heavily on concerns about a read more
OiL PRICES: Above $US 96 on speculation United States Supplies
Baja energy BLOG | January 2nd 2008
Crude oil rose above $96 a barrel in New York on speculation U.S. stockpiles fell for a seventh week and as a storm dropped snow in the Northeast. Oil also gained after militant attacks in Nigeria, Africa's biggest crude producer, increased concern read more
OiL PRICES: Rises After Report Shows U.S. Consumer Spending Surg…
Baja energy BLOG | December 21st 2007
Crude oil rose more than $2 a barrel in New York after a U.S. government report showed consumer spending gained the most in more than two years, signaling economic growth and oil demand may be stronger than expected.``Energy prices got a shot in the read more
OiL PRICES: $90.63 on talk of OPEC output hikes
Baja energy BLOG | December 18th 2007
Oil prices fell today when an OPEC official said the cartel may boost output, calming concerns about tight supplies."I would not exclude the possibility of increasing production if the market wants it," said Chakib Khelil, Algeria's oil minister, who read more
ASIA: Crude keeps tumbling on strong supply report
energyBlog | December 6th 2007 by bajaenergyblog
Oil prices dropped below $87 a barrel today to their lowest levels in six weeks after a report showed an increase in U.S. supplies of gasoline and distillates, as well as of crude at a key domestic terminal. Traders shrugged off OPEC's decision to ke read more
OiL PRICES: Crude starts week down on expected output rise
Baja energy BLOG | December 3rd 2007
Oil prices fell today in a volatile market on speculation that OPEC may still boost output at its meeting this week despite last week's sharp price drop. Light, sweet crude for January delivery was down 67 cents to $88.04 in electronic trading on th read more
UNITED STATES: Oil Falls More Than $1 on Slower Economic Growth,…
Baja energy BLOG | November 12th 2007
Crude oil fell more than $1 a barrel on forecasts for reduced U.S. consumer spending and as the dollar rose against the euro and pound. Rising fuel costs may have slowed retail... [[ This is a content summary only. Visit my webs read more
OiL Stocks: Oil prices down for a third day; close below $80
Baja energy BLOG | September 25th 2007
Oil prices dropped sharply today, ending below $80 a barrel, and other energy futures followed suit as investors locked in profits from the recent record-setting rally.The third consecutive day of oil price declines after eight straight sessions in w read more
MIDDLE EAST: Iran and its 73,000 bpd of crude
energyBlog | September 13th 2007 by bajaenergyblog
Iran will raise its output by 73,150 barrels per... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] read more
OiL WORLD: IEA Cuts 2008 Oil Demand Forecast and The Crude oil in…
energyBlog | September 12th 2007 by bajaenergyblog
Crude oil rose to a record $80.18 a barrel in New... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] read more
UNITED STATES: Analyst doubts connection, calls it a guessing gam…
ENERGY DATA WAREHOUSE | July 28th 2007 by Manu T. Laveaga
Oil prices dropped about $1 per barrel Thursday amid speculative selling after topping $77 a barrel earlier in the day. Light, sweet crude for September delivery fell 93 cents to settle at $74.95 a barrel on the New York Mercantile Exchange after cli read more
OiL Prices: Oil Rises as North Sea Output Slips on Closed Pipelin…
ENERGY DATA WAREHOUSE | July 13th 2007 by Manu T. Laveaga
Crude oil rose to an 11-month high above $77 a barrel in London and gained in New York after a pipeline shutdown and maintenance work reduced North Sea Brent oil production. Chevron Corp. and ConocoPhillips said they lost output fro read more
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