247wallst.com - 3/20/2009
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Oil flirted with the $50.00 handle today, which would be close to a 4-month high. This also marked the end of the April contract expiration, so now we roll over to May. April delivery for light sweet crude finished out today and went well over $49.00 intraday. That is the highest close ...
fxstreet.com - 3/19/2009
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fxstreet.com —
(Adds background, context.) LONDON (Dow Jones)--Investment and exploration
in the U.K. North Sea oil and gas basin
could collapse this year because of high costs and a funding drought, said the head of the country's oil and gas industry lobby ...
(more)
UPDATE: UK Oil, Gas Exploration Faces Collapse -Industry Grp
bloomberg.com - 3/20/2009
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bloomberg.com —
March 20 (Bloomberg) -- Oil and gas explorers
postponing or scrapping deep water drilling projects are potentially
reducing crude supplies by as much as 2.4 million barrels a day in 2011, Morgan Stanley said. Deep water ventures that were planned as ...
(more)
Deep Water Oil Drilling Scaled Back, May Tighten Crude ...
gosanangelo.com - 3/20/2009
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gosanangelo.com —
You must follow these rules in order to
post comments: Keep it on topic. Comments that are
obscene, vulgar, lewd or sexually-oriented will be removed. Creative spelling of such terms also will be filtered out and banned. Do not threaten to hurt or ...
(more)
Tax plan worries oil producers :
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What’s Driving Oil and ETF to New Heights?
ETF Trends —
... The markets have been watching oil and related exchange traded funds (ETFs) closely lately for a sign, any sign, of what direction it’s going to take. The $50 per barrel mark was technically crossed on Wednesday, as the new front month contract for May settled at $50.04. For April, delivery of light, sweet crude had its the highest close since the start of December for the current front month contract, 24/7 Wall Street says . Thursday in trading, oil surged to its highest point this year. ...
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