Top Oil News, Videos, and Blogs - WallStreetBlips

Oil tankers parked off British coast as speculators wait for prices to rise

Thu, 19 Nov 2009 13:57:45 +0000

Oil traders have been criticised for parking tankers off the coast of Britain as they wait for petrol prices to rise.

The Oil Drum - Discussions about Energy and ... found this 2 days ago on telegraph.co.uk

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Raymond J. Learsy: The CFTC and Department of Energy Snore Away While the Oil Patch Makes Hay

Thu, 19 Nov 2009 13:57:45 +0000

Late last week the Energy Information Service-advised oil stocks surged by 1.762 million barrels, far more than expected, while the U.S. refinery processing rate sank to 79.7% -- the lowest level in more than two decades. Yet on Monday the price of oil jumped by $2.50 a barrel. What is going on? ...

The Oil Drum - Discussions about Energy and ... found this 2 days ago on huffingtonpost.com

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Crude Oil Declines for First Time in Four Days as Dollar Gains

Thu, 19 Nov 2009 13:57:45 +0000

Nov. 19 (Bloomberg) -- Crude oil fell for the first time in four days as the dollar gained against the euro, dulling the appeal of commodities as a currency hedge. Oil fell after reaching a one-week high yesterday as the U.S. Department of Energy said crude stockpiles dropped unexpectedly last ...

The Oil Drum - Discussions about Energy and ... found this 2 days ago on bloomberg.com

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Air France Pares Hedges as Oil’s Swings Lead to Loss (Correct)

Thu, 19 Nov 2009 13:57:45 +0000

Air France Pares Hedges as Oil’s Swings Lead to Loss (Correct)

The Oil Drum - Discussions about Energy and ... found this 2 days ago on bloomberg.com

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E.ON Boosts Gas Trading as Oil Rally Skews Contracts (Update1)

Thu, 19 Nov 2009 13:57:45 +0000

Nov. 19 (Bloomberg) -- E.ON AG , Germany’s biggest utility, is expanding its short-term trading of gas as higher oil prices raise costs for longer-term contracts through 2013. While longer contracts will remain a “core part” of E.ON’s gas supplies through its Ruhrgas unit, shorter-term buying ...

The Oil Drum - Discussions about Energy and ... found this 2 days ago on bloomberg.com

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Forget $100 oil. $80 oil is a problem

Wed, 18 Nov 2009 13:17:54 +0000

Energy prices don't need to rise that much before a fragile consumer-led economy could face another setback.

24/7 Wall St. found this 3 days ago on money.cnn.com

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Why CERA Thinks Peak Oil Is Total BS

Tue, 17 Nov 2009 21:43:00 +0000

Supply evolution through 2030 is not a question of resource availability. IHS CERA projects growth of productive capacity through 2030, with no peak evident. There is no unique picture of the course of future of supply: we are dealing with a complex, multicomponent system. Aboveground drivers ...

Between the Hedges found this 4 days ago on businessinsider.com

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Today’s Best Market Rumors (11/18/2009) (MCD)(BAC)

Wed, 18 Nov 2009 21:00:00 +0000

Updated throughout the day. Carl Icahn is aggressively buying shares in MGM (HollyWood Daily) Apollo Management may try to list on the NYSE. (FT) Paulson & Co. believe that Bank of America (NYSE:BAC) will double by the end of 2011. Oil prices at $80 could damage the economy. (Fortune) The ...

BloggingStocks found this 3 days ago on 247wallst.com

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Video - Business Update: Oil price will rise

Tue, 10 Nov 2009 21:39:49 +0000

The International Energy Agency's 2009 outlook forecasts oil prices to soar to 100 dollars a barrel by 2020, while delay in tackling global warming could cost 500 billion dollars a year.

MediaMan posted 11 days ago from marketnewslive.blogspot.com

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Fears as price of long

Mon, 9 Nov 2009 03:42:15 +0000

Fears as price of long-dated oil soars By Javier Blas in London, Carola Hoyos in Balhaf, and Gregory Meyer in New York Published: November 8 2009 19:26 | Last updated: November 8 2009 19:26 Long-dated oil prices have risen to within a whisker of $100 a barrel, in a sign that investors are ...

Across the Curve found this 13 days ago on ft.com

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We need to go cold turkey to kick our addiction to oil

Thu, 12 Nov 2009 13:49:49 +0000

The Oil Drum - Discussions about Energy and ... found this 9 days ago on newstatesman.com

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Era of cheap oil 'is over'

Wed, 11 Nov 2009 14:04:33 +0000

Cars Please turn on JavaScript. Media requires JavaScript to play. Advertisement The International Energy Agency has warned that increasing demand from developing countries will drive fuel prices up in the coming years. The agency's 2009 World Energy Outlook suggests the economic crisis has cut ...

The Oil Drum - Discussions about Energy and ... found this 10 days ago on news.bbc.co.uk

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Oil lingers below $77 amid US demand concerns

Wed, 11 Nov 2009 14:04:33 +0000

Medvedev pushes reforms under Putin's watchful eye AFP/File A pipeline at a Russian gas compressor station near the border with Ukraine. President Dmitry Medvedev

The Oil Drum - Discussions about Energy and ... found this 10 days ago on news.yahoo.com

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Oil Market Is ‘Very Comfortable,’ Al-Attiyah Says (Update2)

Wed, 11 Nov 2009 14:04:33 +0000

Oil Market Is ‘Very Comfortable,’ Al-Attiyah Says (Update2)

The Oil Drum - Discussions about Energy and ... found this 10 days ago on bloomberg.com

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Iraq Invites Bids From Drilling-Equipment Suppliers by Nov. 22

Wed, 11 Nov 2009 14:04:33 +0000

Nov. 11 (Bloomberg) -- Iraq, holder of the world’s third- largest oil reserves, is seeking bids from providers of drilling equipment as the Persian Gulf producer seeks to increase crude output from fields and new wells. Potential bidders can request conditions and equipment specifications from ...

The Oil Drum - Discussions about Energy and ... found this 10 days ago on bloomberg.com

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Local - Energy-use activist focuses on the individual

Wed, 11 Nov 2009 14:04:33 +0000

Eric McGuinness The Hamilton Spectator (Nov 11, 2009) Pat Murphy says we should super-insulate our houses and travel in shared vans to survive peak oil and climate change. Murphy, executive director of Ohio-based Community Solution, believes it's more important to focus on houses, private cars ...

The Oil Drum - Discussions about Energy and ... found this 10 days ago on thespec.com

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The Price of a Pipeline: Rena Effendi's Powerful Photos of Lives Destroyed By the Oil Industry

Wed, 11 Nov 2009 14:04:33 +0000

An abandoned oil well (left) and a fisherman in an oil village, both in Baku, Azerbaijan. Photos by Rena Effendi via Getty Images . Boosters of the Nabucco pipeline project tout the economic and political clout it will bring to Turkey. But where there are winners, there are also often ...

The Oil Drum - Discussions about Energy and ... found this 10 days ago on treehugger.com

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Key oil figures were distorted by US pressure, says whistleblower

Mon, 9 Nov 2009 21:18:57 +0000

Exclusive: Watchdog's estimates of reserves inflated says top official The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of ...

Paul Kedrosky's Infectious Greed found this 12 days ago on guardian.co.uk

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Devon Energy To Divest Its Off-Shore Presence

Mon, 16 Nov 2009 21:27:03 +0000

When Peter Lynch coined the now famous term “invest in what you know”, he was thinking in terms of stock selection. However, this term can be broadly applied to what Devon Energy ( DVN ) announced today. Devon has decided to realign their capital investment focus to what ...

ockhamsrazor posted 5 days ago from blog.ockhamresearch.com

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Saudi Consumer Prices Rise for 11th Month as Oil Increases

Sun, 15 Nov 2009 14:07:36 +0000

Nov. 15 (Bloomberg) -- Saudi Arabian consumer prices rose for an 11th month in October as oil increased in global markets and the dollar’s weakness added to the cost of imported food. Consumer prices were up 0.65 percent on the month, the same rate as in September, according to data on the ...

The Oil Drum - Discussions about Energy and ... found this 6 days ago on bloomberg.com

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