Crude Oil category
Crude oil exploration news company and industry, also information on crude oil prices, future oil price, crude oil market and trading, merger and acquisition, drilling program, crude oil prices history chart.
Crude oil prices fall expected to prevent the high rise
Saturday, April 16th, 2011Crude oil prices fall 3.3 percent after the IEA reported signs of an oil-demand “slowdown” in its monthly Oil Market Report today. The IMF cut its growth forecasts yesterday for the U.S. and Japan, two of the top three oil-consuming countries. Brent oil may drop more than $15 to $105 a barrel, Goldman said in [...]
Tags:brent oil, crude oil prices, oil forecast, oil high prices, oil price analysts, oil trading
Favoritearea; Natural Gas and Crude Oil Daily Outlook Feb 2011
Wednesday, February 23rd, 2011The natural gas remains neutral for the moment as sideway consolidations from 3.825 might be in progress. Nevertheless, in case of another rise, upside should be limited 4.252 resistance and bring another fall. We’d expect current decline from 4.879 to resume sooner or later to retest 3.255 low. In the bigger picture, current development suggests [...]
Tags:crude oil chart, gas outlook, natural gas chart, natural gas prices, nymex oil chart, oil chart picture, oil outlook
Supply of Crude Oil Rise on Cushing Pipeline, Oil Fluctuates on Equities
Tuesday, February 15th, 2011Crude oil stockpiles rose in US for a fifth week as TransCanada Corp. completed an extension of a pipeline to Cushing, Oklahoma, adding to a glut at the country’s biggest oil-trading hub. Inventories climbed 2 million barrels, or 0.6 percent, in the seven days ended Feb. 11 from 345.1 million a week earlier, according to [...]