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Crude oil future decline as demand jitters prevail
Crude oil decline as European governments struggled to contain the regional debt crisis, increasing fears that it will slow global economic recovery. Crude-oil futures ended lower on Friday after doubts about the pace of the economic recovery, and its impact on demand for oil, prevailed. Crude for July delivery, the most active contract, lost 76 [...]
Sunday, May 23rd, 2010Impact of oil spills Gulf Mexico for the American Indian
Like many American Indian marsh, Emary Billiot blaming oil companies for damage to swamp his ancestors for decades. However, he was always able to fish – but now even that is not a certainty. An oil spill – 5 million gallons and counting – spread across the Gulf of Mexico have closed the bays and [...]
Tuesday, May 18th, 2010Crude Oil Future Trading Market Prices
Crude oil prices measure the spot price of various barrels of oil, most commonly either the West Texas Intermediate or the Brent Blend. The OPEC basket price and the NMEX Futures price are also sometimes quoted. West Texas Intermediate (WTI) crude oil is of very high quality, because it is light-weight and has low sulphur [...]
Monday, March 1st, 2010