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The McKenzie Delta sits frozen behind the skyline of Inuvik, Northwest Territories November 12, 2009. Along Inuvik's icy Navy Road, fleets of idle trucks and clusters of unused oil field equipment are the tangible evidence of an economy in limbo, waiting for one of the world's biggest unbuilt energy projects - the C$16.2 billion ($15.3 billion) Mackenzie natural gas pipeline - to get underway. After decades of setbacks, work on the pipeline has not started, and it's not entirely clear it ever will. Picture taken November 12, 2009. To match feature CANADA-USA/PIPELINES REUTERS/Jeffrey Jones (CANADA BUSINESS ENERGY POLITICS)

Enlarge Photo Reuters Slideshow:Oil Industry

Oil rises above $73 after US crude supply drop

AP - 1 hour 25 minutes ago

AP - Oil prices rose above $73 a barrel Wednesday in Asia as an unexpected drop in U.S. crude supplies suggested demand may be recovering.

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Mexico’s Peso Falls on Crude Oil’s Retreat, Drop in U.S. Stocks
Bloomberg - Tue Dec 8, 10:19 am ET
Dec. 8 (Bloomberg) -- Mexico’s peso fell the most this month following a drop in crude oil, the country’s biggest export, and as declines in U.S. stocks curbed demand for higher- yielding, emerging-market assets.
Crude Oil Rises, Snapping Four Days of Losses, as Dollar Falls
Bloomberg - Tue Dec 8, 5:50 am ET
Dec. 8 (Bloomberg) -- Crude oil rose in New York, snapping four days of losses, as a weaker dollar buoyed demand for commodities as a currency hedge. The dollar traded as low as $1.4867 against the euro, from $1.4827 yesterday.
Crude Oil Rises for First Time in Five Days on Dollar Decline
Bloomberg - Mon Dec 7, 9:15 pm ET
Dec. 8 (Bloomberg) -- Crude oil rose for the first time in five days as the dollar weakened and some investors took the view a decline below $75 made it an attractive investment.
Crude Oil Futures Erase Gains in New York, Trade Near $73.60
Bloomberg - Tue Dec 8, 7:20 am ET
Dec. 8 (Bloomberg) -- Crude oil declined in New York, erasing previous gains to trade around $73.60 a barrel.
Lukoil Q3 net profit falls 41 pct to $2.1 bln
INO News - Tue Dec 8, 3:41 am ET
(AP:MOSCOW) Lukoil, Russia's largest private oil company, on Tuesday said third quarter net profit fell 41 percent to $2.1 billion as oil prices were far below last year's record highs.
Crude Oil Advances in New York as U.S. Dollar Gives Up Gains
Bloomberg - Tue Dec 8, 5:17 am ET
Dec. 8 (Bloomberg) -- Crude oil rose in New York as the U.S. dollar pared gains against the euro, making commodities more appealing as a currency hedge.
Crude Oil Pares Gains in New York as Dollar Gains Against Euro
Bloomberg - Tue Dec 8, 3:36 am ET
Dec. 8 (Bloomberg) -- Crude oil pared gains as the dollar clawed higher against the euro, damping demand for commodities as an alternative investment.
Crude Oil Futures Decline for Fourth Day as Dollar Strengthens
Bloomberg - Mon Dec 7, 8:51 am ET
Dec. 7 (Bloomberg) -- Crude oil dropped for a fourth day, trading below $75 a barrel as the dollar gained amid speculation the U.S. Federal Reserve may start raising interest rates.
Crude Oil Futures Decline for Fourth Day as Dollar Strengthens
Bloomberg - Mon Dec 7, 8:45 am ET
Dec. 7 (Bloomberg) -- Crude oil dropped for a fourth day, trading below $75 a barrel as the dollar gained amid speculation the U.S. Federal Reserve may start raising interest rates.
Crude Oil Pares Gains in New York as Dollar Gains Against Euro
Bloomberg - Tue Dec 8, 2:50 am ET
Dec. 8 (Bloomberg) -- Crude oil pared gains as the dollar clawed higher against the euro, damping demand for commodities as an alternative investment.
Crude Oil Drops for a Fourth Day as European Equities Decline
Bloomberg - Mon Dec 7, 4:35 am ET
Dec. 7 (Bloomberg) -- Crude oil dropped for a fourth day as European equity markets declined amid concern the U.S. Federal Reserve may start raising interest rates.
Crude Oil Drops for a Fourth Day as European Equities Decline
Bloomberg - Mon Dec 7, 4:30 am ET
Dec. 7 (Bloomberg) -- Crude oil dropped for a fourth day as European equity markets declined amid concern the U.S. Federal Reserve may start raising interest rates.
Crude Oil Drops for a Fourth Day as European Equities Decline
Bloomberg - Mon Dec 7, 4:20 am ET
Dec. 7 (Bloomberg) -- Crude oil dropped for a fourth day as European equity markets declined amid concern the U.S. Federal Reserve may start raising interest rates.
Crude Oil Trades Near $74 as Fed Expects ‘Moderate’ U.S. Growth
Bloomberg - Mon Dec 7, 9:05 pm ET
Dec. 8 (Bloomberg) -- Crude oil traded near $74 a barrel in New York after falling as Federal Reserve Chairman Ben S. Bernanke said the U.S. economy will face a weak labor market and tight credit, signaling fuel demand will be slow to recover.
Crude Oil Trades Near $74 as Fed Expects ‘Moderate’ U.S. Growth
Bloomberg - Mon Dec 7, 9:00 pm ET
Dec. 8 (Bloomberg) -- Crude oil traded near $74 a barrel in New York after falling as Federal Reserve Chairman Ben S. Bernanke said the U.S. economy will face a weak labor market and tight credit, signaling fuel demand will be slow to recover.
Crude Oil Futures Drop for Fourth Day as Dollar Strengthens
Bloomberg - Mon Dec 7, 11:36 am ET
Dec. 7 (Bloomberg) -- Crude oil dropped for a fourth day, trading below $75 a barrel as the dollar strengthened amid speculation the U.S. Federal Reserve may start raising interest rates.
Crude Oil Futures Drop for Fourth Day as Dollar Strengthens
Bloomberg - Mon Dec 7, 10:20 am ET
Dec. 7 (Bloomberg) -- Crude oil dropped for a fourth day, trading below $75 a barrel as the dollar strengthened amid speculation the U.S. Federal Reserve may start raising interest rates.
Crude Oil Trades Near 7-Week Low as Naimi Says Price Is Perfect
Bloomberg - Mon Dec 7, 3:51 am ET
Dec. 7 (Bloomberg) -- Crude oil traded near a seven-week low in New York after Saudi Arabian Oil Minister Ali al-Naimi said the price is “perfect.” Oil for January delivery traded at $75.38 a barrel, down 9 cents, in electronic trading on the New York Mercantile Exchange at 8:07 a.m. London time.
Crude Oil Trades Near 7-Week Low as Naimi Says Price Is Perfect
Bloomberg - Mon Dec 7, 3:45 am ET
Dec. 7 (Bloomberg) -- Crude oil traded near a seven-week low in New York after Saudi Arabian Oil Minister Ali al-Naimi said the price is “perfect.” Oil for January delivery traded at $75.38 a barrel, down 9 cents, in electronic trading on the New York Mercantile Exchange at 8:07 a.m. London time.
Crude Oil Trades Near 7-Week Low as Naimi Says Price Is Perfect
Bloomberg - Mon Dec 7, 3:37 am ET
Dec. 7 (Bloomberg) -- Crude oil traded near a seven-week low in New York after Saudi Arabian Oil Minister Ali al-Naimi said the price is “perfect.” Oil for January delivery traded at $75.38 a barrel, down 9 cents, in electronic trading on the New York Mercantile Exchange at 8:07 a.m. London time.

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