Oil rises to near $77 as Dubai debt fears ease
AP - Mon Nov 30, 3:33 am ETAP - Oil prices rebounded to near $77 a barrel Monday in Asia as panic about the global fallout from Dubai's debt problems abated.
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AP - Oil prices rebounded to near $77 a barrel Monday in Asia as panic about the global fallout from Dubai's debt problems abated.
Crude Oil Futures Dip Further After GDP Data
NEW YORK, Nov. 24 (UPI) -- Crude oil dipped under $76 a barrel on the New York Mercantile Exchange Monday, the first time in more than a month prices have fallen to that level.
The EU's anti-piracy force says Somali pirates have seized a super tanker carrying crude oil from Saudi Arabia to the United States.
Just a year ago, Gazprom seemed all-powerful. The Russian gas producer was the third-largest corporation in the world, sat on a hoard of cash and had single-handedly blocked gas to a large part of Europe in the middle of winter without fear of losing business.
Nov. 30 (Bloomberg) -- Crude oil rose in New York after the United Arab Emirates’ central bank said it “stands behind” the country’s banks, easing concerns about a possible default by Dubai World.
Nov. 30 (Bloomberg) -- Oil & Natural Gas Corp. , India’s biggest energy exploration company, may spend about 7 billion rupees ($150 million) to maintain crude oil production from the Mehsana block in the western state of Gujarat.
Nov. 25 (Bloomberg) -- Indian bonds gained for a second day on speculation the central bank will refrain from raising interest rates and inflation will slow due to a drop in crude oil prices.
Crude oil rallied alongside the rest of the commodities sector Monday, spurred by a weak greenback and mitigated concerns about high supply levels in the U.S. after a release on Chinese trade data.
Somali pirates seized a tanker carrying crude oil from Saudi Arabia to the United States in the increasingly dangerous waters off East Africa, an official said Monday, an attack that could pose a huge environmental or security threat to the region. The Greece-... United States - Saudi Arabia - Piracy - Navy - Piracy in Somalia
Crude oil rises as a weaker greenback boosts dollar-denominated commodities prices and as government data show U.S. crude inventories increasing less than expected.
focused interests
Nov. 20 (Bloomberg) -- Qatar Petroleum, the country’s state-owned oil producer, sold Al-Shaheen crude for loading in January to SK Energy Co., Exxon Mobil Corp., Chevron Corp., Reliance Petroleum Ltd. and ConocoPhillips, said three traders who submitted offers for the cargoes.
Nov. 30 (Bloomberg) -- Ecuador, the smallest member of the Organization of Petroleum Exporting Countries, will increase crude output next year, ending three years of declines, President Rafael Correa said.
Crude Oil Ends Down 1.9% Ahead Of Supplies Data
Trans-Orient Petroleum Ltd. announces the filing of the Company's audited consolidated financial statements and the accompanying management's discussion and analysis, statement of reserves data and other oil and gas information for the year ended July 31, 2009, as required pursuant to National Instruments 51-101 and 51-102.
NEW YORK — Oil prices fell to around $76 a barrel Tuesday with new data showing a slow U.S. economic recovery and consumer confidence that remains lukewarm at best.
Crude Oil Remain Under Pressure After Fed Minutes
Nov. 24 (Bloomberg) -- Canada’s dollar weakened against its U.S. counterpart as crude oil, the nation’s largest export, and global equities dropped, diminishing the appeal of currencies tied to growth.
(RTTNews) - Pirates seized a large Greek-flagged cargo ship in the Indian Ocean Sunday while carrying crude oil from the Gulf to the US port of New Orleans.
Crude oil futures also took a dip as economic data weighed on the markets.