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Crude Oil at $150 per barrel!? Malaysians are dead meat!
2008-06-09 03:00:00 Once again I would like to remind all Malaysians that fuel hikes like what we had experienced last week (Malaysian petrol was raised to RM2.70 per litre) were inevitable and unavoidable. Nobody at the bottom of the heap likes it but there is no way around it. There is no point in planning and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Indonesia's natural gas production surpassing crude oil
2008-06-08 09:46:00 Indonesia's natural gas production has continued to increase from year to year and is now replacing the position of natural oil production which is now declining, a legislator said.Chairman of Commission VII of the House of Representatives (DPR) which deals with energy affairs, Airlangga Hartarto said Sunday that natural gas whose production was increasing would continue to become a strategic commodity in the future."The increasing volumes of gas and coal production will make these commodities to continue to be strategic in the future and to replace the position of oil which is declining," he said.A hearing between Commission VII of the House and Energy and Mineral Resources Minister Purnomo Yusgiantoro on Wednesday agreed to include gas and coal production into the assumption of the 2009 state budget.Airlangga said both sides agreed to include gas and coal into the assumption of the 2009 state budget because the state revenues from these two commodities were significantly big.Mini...
The Crude Oil Vigil Continues
2008-06-02 17:18:00 Last week we opened a can of worms - albeit a good one to open - with a detailed look at crude oil’s chart. Since it really is starting to stifle the economy be creating excessive pain at the pump (consumers always complained, but didn’t mean it until recently), the future of the market really ...
Crude Oil Realities - Part Deux
2008-05-30 18:09:00 On Tuesday of this week I made a handful of points about crude oil’s chart. In a nutshell, I thought oil had peaked at $135 in the prior week, and Tuesday’s level of $133 was just the beginning of a minor correction. Now with oil trading in the mid-$127 area (you can thank me for the ...
Crude Oil May Be at Short-Term Peak
2008-05-27 16:48:00 With the holiday weekend now completely over, I suspect we’ll see the gas-pump gouging ease off. In turn, I’m looking for crude oil prices to fall back from their recent record highs. In fact, crude oil is so overbought and ripe for a dip, there may even be a trade-worthy move in the works. The daily ...
Crude Oil: Honeymoon surprise
2008-05-26 16:21:00 It is a real-life version of the Beverly Hillbillies. Or maybe it should be called the Belizean Hillbillies. My new wife made me promise to leave my laptop and writing duties at home on our recent honeymoon. Like a good new husband, I eagerly complied. But that did not stop me from keeping an eye out for some story ideas. Just minutes after landing on a dirt runway in a small ten-passenger plane, we were escorted to the beach along a rough, gravel road. We traveled through orange and papaya fields, through dense jungles, and across wide-open cane fields. The total drive…SHARETHIS.addEntry(-{ title: "Crude Oil: Honeymoon surprise", url: "http://jutiagroup.com/2008/05/-26/crude-oil-honeymoon-surprise-/" });
By: Jutia Group
Who is Going To Pay The Crude Oil Bill?
2008-05-23 20:00:00 If crude oil prices go above current levels or even remain at current levels for an extended period, the economy will face serious problems.It is estimated that Indian oil companies will suffer losses of nearly Rs 200000 crore in FY 2004 Vote(s)
By: Market Buzz
Crude oil threat
2008-05-23 05:08:00 There are three explanations for the oil price’s muffled impact. The first is that nowadays developed economies are more efficient in their use of energy, thanks partly to the increased importance of service industries and the diminished role of manufacturing. According to the Energy Information Administration, the energy intensity of America’s GDP fell by 42% ...
By: 1913 Intel
Crude Oil Shocks US:Intra Day Calls For May 22
2008-05-22 05:11:00 After a lot of action yesterday the Indian markets some how recovered from the initial losses and closed the day just higher by 13 points. Well a bigger drama is unfolding with crude oil prices touching $135/barrel. The Dow and Nasdaq suffered a loss of about 1.77% each in yesterday’s trade. The Asian ...SHARETHIS.addEntry({ title: "Crude Oil Shocks US:Intra Day Calls For May 22", url: "http://livesharemarkets.com/20-08/05/22/crude-oil-shocks-usint-ra-day-calls-for-may-22/" });
> Crude Oil crosses $130 on forecasts prices to remain high
2008-05-21 18:40:00 Oil rose above $130 a barrel for the first time after at least five banks raised price forecasts in the past week on expectations supply constraints will persist. “You see more money going into the back end of the curve,” said Olivier Jakob, managing director of Petromatrix Gmbh in Zug, Swizterland. “The issue is not the ...
Crude prices jump 100% in one year; output may drop
2008-05-10 14:53:00 Demand side looks robust despite slowdown fears On the boil 1. Market unlikely to break through the $100 a barrel psychological barrier to dip lower. 2. US demand in the second quarter may not... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Why Oil Wealth Fuels Conflict
2008-05-10 04:09:00 The number of oil-producer-based conflicts is likely to grow in the future as stratospheric prices of crude oil push more countries in the developing world to produce oil and gas. In 2001, the Bush administration’s energy task force hailed the emergence of new producers as a chance for the United States to diversify the sources ...
By: 1913 Intel
Too many predicting $200 crude oil
2008-05-07 23:57:00 Watching this video reminds me of the last time such gurus were calling for $100 crude oil. This was last year when crude was going over $60. Indeed, we have clearly passed $100, but we didn't get here in a straight line. Also, these gurus rarely give timelines, so we know in principle it's gonna happen. Anyway, I suspect too many have piled into crude oil and it's time for a nice break before the next rally... Bloomberg VideoLive trades and analysis from The Lauriston Letter
How to invest in crude oil (with ETF).
2008-04-28 19:22:00 Crude oil is reaching $120 and discussions about what is target price are becoming topic number one. In this post let me provide you comparison of the most liquid ETF underlying crude oil futures or companies from oil industry.As you can see on year-to-year basis the leader is Claymore MACROshares Oil Up Tradeable Shares (UCR). This is a bit complicated structure for price valuation. But basically it consists of shares of the MacroShares Oil Up Holding Trust. And income reflects trading and settlement with futures contracts.The laggard is Proshares UltraShort Oil & Gas (DUG). But this ETF is underlying (going short) companies like Exxon Mobil (XOM), Chevron (CVX), Conoco Philips (COP) and others. This price drop is more likely triggered by good performance of oil companies rather than rising crude oil prices.http://stockweb.blogspot-.com/atom.xml
Crude Oil Prices
2008-04-24 21:38:00 $115 - $120 Oil?...bah, who cares! Declining retail sales, housing still screwed, energy and food commodities skyrocketing - I know the market anticipates future conditions but don't the glasses seem a little extra rosy right now? We bought a lot more Macs and stuff from Amazon. So everyone's staying home and on the internet. Does that mean the rest of the economy doesn't matter? Housing in the cellar - ha, so what, Mariah Carey had a lot of Amazon downloads! From a short perspective, probably the creepiest thing about this stock market is the way we dinged $120 on oil and we rally anyway. If we get short capitulation here in the next few days, we could blow through resistance and get a monster rally. Plenty of mutual funds and pension funds are sitting on huge amounts of cash after selling stock for the last six months and they exist to hold long stock. That's what they do. They sure as hell aren't in business to short stocks. If they start leaning on this thing to the ...
Rising Crude Oil Prices
2008-04-23 00:09:00 Daily Market Commentary for April 22, 2008 from Millennium-Traders.Com (http://www.millennium-traders.-com) Crude Oil bolted to over $119.00 a barrel, just off the $120 mark and somebody should stop it! The markets held in negative territory through out the trading session amidst a combo of earnings reports and of course the pathetic price of Crude Oil (unless your an oil man of course). (read more (http://www.millennium-traders.-com/news/newscommentary.aspx))- At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the U.S. Markets: DOW (Dow Jones Industrial Average) triple digit loss of 104.79 points on the day to end the session at 12,720.23 NYSE (New York Stock Exchange) loss of 84.32 points to end the session at 9,227.97 NASDAQ loss of 31.10 points for a close at 2,376.94 S&P 500 loss of 12.23 points for a close at 1,375.94 FTSE All-World ex-U.S. loss of 1.22 points to close at 249.73 FTSE RAFI 1000 loss of...
Current Crude Oil Price
2008-04-21 23:47:00 Daily Market Commentary for April 21, 2008 from Millennium-Traders.Com (http://www.millennium-traders.-com) Our not-so-friendly Crude Oil closed at a new record high over $117 a barrel today which results, as we all know, of pain staking increases at the gas pump. The weak dollar only results in rising prices for Crude Oil which in all reality is bunk. There is simply no realistic reason for Crude Oil to be this high. (read more (http://www.millennium-traders.-com/news/newscommentary.aspx))- At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the U.S. Markets: DOW (Dow Jones Industrial Average) loss of 24.34 points on the day to end the session at 12,825.02 NYSE (New York Stock Exchange) gain of 2.05 points to end the session at 9,312.29 NASDAQ gain of 5.07 points for a close at 2,408.04 S&P 500 loss of 2.16 points for a close at 1,388.17 FTSE All-World ex-U.S. gain of 1.55 points to close at 251.03 FTSE RAF...
Crude Oil Prices Today
2008-04-16 23:34:00 Daily Market Commentary for April 16, 2008 from Millennium-Traders.Com (http://www.millennium-traders.-com) Crude Oil continues to surge higher striking an intraday high of $114.95 a barrel. Crude Oil Futures surpassed $115 for first time ever on supply concerns after Energy Information Administration reported a drop in crude oil inventories (read more (http://www.millennium-traders.-com/news/newscommentary.aspx))- At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the U.S. Markets: DOW (Dow Jones Industrial Average) triple digit gain of 256.80 points on the day to end the session at 12,619.27 NYSE (New York Stock Exchange) triple digit gain of 225.57 points to end the session at 9,203.76 NASDAQ gain of 64.07 points for a close at 2,286.04 S&P 500 gain of 30.28 points for a close at 1,364.71 FTSE All-World ex-U.S. gain of 5.37 points to close at 247.17 FTSE RAFI 1000 triple digit gain of 125.23 points to cl...
Crude sets a new record
2008-04-16 19:56:00 Prices rise by more than $2 due to supply disruption concerns Crude prices rose to record highs today, Tuesday, 15 April, 2008 due to some supply disruptions and also as traders started accumulating... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Slick Green/Crude Oil
2008-04-01 19:19:00 Whether you know it or not, i’m sure you’re all familiar with the delightful trand known as Greenwashing. The same way every company in America wrapped itself in the flag in the aftermath of September 11th, the last two years have seen a swell of interest and awareness in the environment. Marketers have responded by painting the ...
By: SodBlog
Water in crude oil
2008-03-15 07:15:00 Some one know a equipament that measure small quantity, less 5%, in crude oil?
Crude oil price rises “not over”
2008-03-12 09:00:00 The latest industry headlines on Tuesday, March 11, 2008. Crude oil price rise "not over" Fueled by a continuing weak dollar, crude oil futures surged above US$108 a barrel yesterday — a new inflation-adjusted record and their fifth new high in the last six sessions...(Read more) China: MOH to oversee food, drug safety The Ministry of Health (MOH) will oversee food and drug safety by taking over the State Food and Drug Administration (SFDA), a government institutional restructuring draft bill presented to the NPC stated on Tuesday... (Read more) Bangladesh-China trade deficit up $2.56b Trade gap between Bangladesh and China is widening alarmingly and it crossed more than two and a half billion dollars in the last financial year, according to the statistics available...(Read more) Japan's China vegetable imports fall 40% Japan's imports of vegetables from China fell 40 percent during the first three weeks of February from last year, the Asahi newspaper said, citing the Agr...
By: tootooblog
Crude Oil Loading Volume Correction/Shrinkage Factor
2008-03-10 13:10:00 Hello. Can anyone help. Is there a simple mathematical equation which can be used, to calculate an Oil Terminal to Tanker Volume loading discrepancy, when one occurs.
Crude shoots up by more than $5 in one day
2008-03-06 03:56:00 Price settles above $104 as last week?s inventories drop unexpectedly Crude prices shot up by more than $5/barrel today after Energy Department reported an unexpected drop in crude inventories last... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Crude Oil Going To $120 Barrel By September?
2008-03-04 23:03:00 By- Suzie-Q @ 3:00 PM MST Oil prices to hit $120 barrel by September Peter Barker-Homek, CEO of Abu Dhabi National Energy Co., predicts that crude oil prices may hit $120 a barrel within the next six months due to the ?softness of the dollar and the occasional interruptions that you have because of politics.? ...
By: Suzie-Q
OiL PRICES: Crude Oil Falls on Forecasts U.S. Crude Inventories Increase
2008-02-21 15:45:00 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 inventories at 10:30 a.m. in Washington. U.S. crude- oil... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
OiL PRICES: Crude Oil Rises to a Record $100.10 [del.icio.us]
2008-02-20 01:11:00 Crude oil rose to a record $100.10 a barrel in New York on speculation Organization of Petroleum Exporting Countries will cut production when it meets next month. Gasoline and heating oil also reached records as investors poured money into energy markets.
By: ENERGY BLOG
Crude Oil Spikes over $100 a Barrel
2008-02-19 23:44:00 Daily Market Commentary for February 19, 2008 from Millennium-Traders.Com At the closing bell on the Stock Exchange, here is how the major indices ended the session on the U.S. Markets: DOW (Dow Jones Industrial Average) loss of 10.99 points on the day to end the session at 12,337.22 NYSE (New York Stock Exchange) gain of 52.28 points to end the session at 9,023.04 NASDAQ loss of 15.60 points for a close at 2,306.20 S&P 500 loss of 1.21 points for a close at 1,348.78 RUSSELL 2000 gain of 0.82 points to close at 702.34 FTSE All-World ex-U.S. gain of 2.26 points to close at 241.33 FTSE RAFI 1000 loss of 2.20 points to close at 5,555.68 BEL 20 gain of 103.45 points to close at 3,766.23 CAC 40 gain of 114.04 points to close at 4,885.83 FTSE100 gain of 179.3 points to close at 5,966.90 NIKKEI 225 gain of 135.3 points to close at 13,757.90 On the NYSE today, advancers came in at 1,823 decliners totaled 1,349; unchanged came in at 74; new highs came in at 46 and new lows came ...
Crude oil crosses $100 mark again
2008-02-19 20:55:00 The crude oil prices jumps back over $100 from $97 per bbbls earlier after the news of blast in a Refinery in Texas. This is second time that oil prices have breached the $100 per barrel level. About one month back the oil prices touched the triple digit mark for the first time but soon retreated back. During the recent recession fears the prices fell back to the level of $80s. Some of the retreat was due to better supply over demand. Even though the recession fear is not totally out, and the supply-demand equation in the near future is intact, the oil prices have been rising because of speculation.Some of the possible triggers for the recent uptrend seen in the oil prices:OPEC meeting for decreasing productionPolitical issues between U.S. and VenezuelaExxon-Venezuela conflictPolitical instability in NigeriaBlast in Texas Refinery
Crude back at $95
2008-02-15 04:19:00 Prices rise more than $2 as crude inventories for last week rise less than expected Crude prices ended substantially higher today, Thursday, 14 February, 2008. Prices rose today after Energy... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Inflation rises to 4.11%
2008-02-08 19:48:00 Inflation rose to its six-month high of 4.11 per cent for the week ended January 26 as against 3.93 per cent in the previous week, mainly due to rise in prices of food articles and manufactured... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
ASIA: PetroVietnam targets 16 million tonnes of crude oil
2008-02-08 09:41:00 The Viet Nam Oil and Gas Group (PetroVietnam) target to tap 16 million tonnes of crude oil and 7.5 billion cu.m of gas this year. The figures were released at a press briefing held by Viet Nam Oil and Gas Group in Ha Noi on January 25. The group also set a target of attaining a 15 percent growth... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
Market may open low on weak global cues
2008-02-07 05:29:00 Weak global cues and subdued Asian markets in current trades may see the local indices open low. After witnessing a sharp slump of over 500 points in yesterday's trades, the market is likely to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Crude gains for fourth straight day
2008-01-30 04:53:00 Prices rise on hopes that Fed will come with another rate cut tomorrow Crude prices ended higher for the third consecutive day today, Tuesday, 29 January, 2008. Expectations about another rate cut... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Crude gains for third straight day
2008-01-29 03:40:00 Prices give up earlier losses and ends higher as dollar weakens against euro Crude prices erased earlier losses and finally ended higher for the day, today, Friday, 28 January, 2008. Prices rose... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
CRUDE OIL WATER SEPAATIONS BY GRAVITY
2008-01-26 19:51:00 How I design an crude oil separator by gravity using a vertical tank called "Gun Tank"?
PetroVietnam targets 16 million tonnes of crude oil in 2008
2008-01-25 17:11:00 The Viet Nam Oil and Gas Group (PetroVietnam) target to tap 16 million tonnes of crude oil and 7.5 billion cu.m of gas this year. The figures were released at a press briefing held by PetroVietnam in Ha Noi on January 25.The group also set a target of attaining a 15 per cent growth against last year.To reach these goals, PetroVietnam will try to sign 5-10 new contracts with domestic partners, buy two oil and gas fields abroad and increase its oil reserves to 35 million tonnes.It will put four more oil fields into exploitation, safely run the Ca Mau 1 and 2 and Nhon Trach 1 Electricity Plants to turn out an annual output of over 7,800 million kWh and produce 740,000 tonnes of fertiliser.After one year of operating under the group model, PetroVietnam reached a record revenue of over 200 trillion VND (12.5 billion USD) in 2007, accounting for 19 per cent of the country’s GDP.
UNITED STATES: Crude Oil Rises for Second Day on U.S. Economic : |BLOG ? [d
2008-01-25 04:36:00 Crude oil for March delivery rose as much as 48 cents, or 0.5 percent, to $89.89 a barrel in after-hours electronic trading on the New York Mercantile Exchange. It was at $89.75 at 7:37 a.m. in Singapore.Yesterday the contract jumped $2.42, or 2.8 percent
By: ENERGY BLOG
crude oil petroleum
2008-01-24 12:20:00 New blog on the internet for commodites like crude oil and pretorium.industrial engineering lean manufacturing construction equipment
natural gas and crude oil
2008-01-23 21:26:00 Find a new blog on natural gas and crude oil.industrial engineering lean manufacturing construction equipment
OiL FUTURES: Crude Oil Rises on Speculation Stimulus Package May Increase
2008-01-19 18:20:00 Crude oil rose for the first day in four in New York after President George W. Bush said a package of about $150 billion is needed ``as soon as possible'' to keep the economy growing. The Reuters/University of Michigan final index of consumer confidence climbed to 80.5, from 75.5 last month,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
Crude oil leaks into sea off Yamaguchi through hole in refinery pipe
2008-01-15 00:00:00 SHUNAN, Yamaguchi -- Crude oil has leaked into the sea here through a hole in an oil refinery pipe, officials at the company that owns the facility said.At around 4 a.m. on Sunday, a fisherman noticed an oil slick in Tokuyama Bay off Shunan, and alerted the local coast guard office.Idemitsu Kosan Co. has confirmed that about 500 liters of crude oil leaked from its Tokuyama refinery. Workers later found a hole in a crude oil pipe that is nearly 30 years old.Com ...
Soaring Crude Oil price and its impact on India
2008-01-14 14:24:00 With the crude oil touching $100 per barrel in the very first week of the year, it is expected to brings a bitter taste all over the world except the oil-producing countries. But how about India? India imports around 76% of its domestic demand and the increase in oil price is always a matter of concern for the policy-makers. But this time story is not all the same, while one side the international crude oil price is at all time high, the Rupee has appreciated by more than 12% which is highest at least last 20 years. The appreciation of domestic currency has offset the impact of high price to some extent. The last increase in the domestic oil price was there in June, 2006 and which was followed with downward revision twice. The oil price has huge impact on general pricing and hence inflation. With the moderate and negligible increase in oil price government has well maintained the inflation and common man is happy about it. But, the bigger picture is quite ominous. The major supp...
Crude Oil Hits $100
2008-01-02 19:30:00 The word is out that crude oil futures hit $100 today. What a way to start off the new year. According to MarketWatch, crude for February delivery rallied $4.02 to $100 a barrel on the New York Mercantile Exchange in early afternoon trading. Analysts are citing the following catalysts for the latest rally in crude oil ...
By: Boom2Bust.com
Nearly Quadruple: In 2004 Crude Oil Was 26 Dollars a Barrel
2007-12-10 17:06:00 yahoo finance: Drivers in San Francisco enjoy views of the Golden Gate Bridge, with scenic stretches of the Pacific Coast Highway to the south and the rural shoreline to the north. And they pay for it at the pump. There, the average cost of a gallon of regular unleaded gasoline reached $3.546 Wednesday, up from $2.524 ...
By: Thought-Blender
Saskatchewan News - Crude oil prices lose earlier highs (Pravda Ru)
2007-11-29 20:31:00 Oil prices retreated from earlier highs. The fire late Wednesday along the Enbridge Energy Partners LP Lakehead pipeline in northern Minnesota, which carries crude oil from Saskatchewan to the Chicago area, killed two workers who were repairing it, authorities said. Read More… ‘‘
By: Saskapedia
Crude Oil Hits $98
2007-11-24 15:50:00 Crude oil climbed back up to $98 after concerns that inventories would decline as winter begins. Inventories though have gained and OPEC plans to load 24.5 million barrels an increase from the 23.8 million barrels a day last year. Michael Lynch reported, "It looks like we will need some strong political news or a significant inventory drop to send us above $100." We've tested hitting $100 twice already and still haven't broke through the barrier.
CNBC's The Call Recap Nov. 21st
2007-11-22 14:06:00 Stocks extended losses as after unexpected oil inventory drawdowns. Stocks lowered 8 times in the last 11 sessions. S&P down .1% for 2007, Dow up 3.1%, Nasdaq up 5.7%. Most of the airlines were down for the week. Latin America was also hit very hard today. Higher oil prices are approaching historic lows hitting $99.29 today. Oil inventories down 1.1 million barrels. Refinery utilization is at 87%. Crude imports dropped 700,000 barrels. Gasoline inventories up 200,000 barrels. Heating oil is up right now, which is really key. Heating oil could go up 20%. What will this mean for consumers? How to play defense against this? JJ Burns says structured investments give you a barrier protection on the upside and downside to this market. Dow leaders today are coca-cola, 3M, Boeing, Proctor & Gamble. Financials were way down today. Citigroup, FreddieMac, and JPMorgan were at 52 week lows. Crude oil came in at just $97 this afternoon, showing that some are taking profits off the table ...
By: Jim Cramer Blog
Crude Oil Jewellery from Design Glut
2007-11-21 08:24:00 Design Glut have brought out a range of Crude Oil jewellery, with the prices of oil rising this will definitely help you to remember just how cheap it used to be. There is a ring, bracelet and a necklace available in this range. Each piece has an oil barrel on it, and each ...
By: Product Reviews
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