Oil settles near $80 a barrel
AP - Fri Mar 19, 3:37 pm ETAP - Oil prices slumped at the end of the week, tumbling Friday close to $80 a barrel as continued uncertainty about Greece's economy helped lift the dollar higher.
Oil and Gas
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Futures Movers: Crude slumps 2% as Greek doubts lift dollar
Market Watch - Fri Mar 19, 9:31 am ETCrude oil futures were lower on Friday, but held onto a small weekly gain, as uncertainty about aid to Greece kept the euro under pressure, lifting the dollar and weighing on commodities.
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Energy Stocks: Energy stocks extend gains on firmer oil prices
Market Watch - Wed Mar 17, 10:00 am ETEnergy stocks notch solid gains Wednesday as crude oil prices firmed on supply data and OPEC's decison to leave unchanged its current production quotas.
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Weld County on verge of another oil boom
Greeley Tribune - 16 minutes agoWeld County is posturing for a new oil boom and a new pipeline recently put into operation is a big part of the reason for the boom. The White Cliffs Pipeline and the Platteville Truck Unloading Facility provide more efficiency in transporting crude oil and condensate from the Wattenberg field of the Denver-Julesburg Basin. That pipeline, officials said, will drastically reduce truck traffic ...
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Oil Drops a Second Day as Dollar Rebound Cuts Investor Demand
Bloomberg - Fri Mar 19, 9:05 am ETMarch 19 (Bloomberg) -- Crude oil dropped for a second day as the dollar rebounded against the euro, cutting the appeal of commodities to investors as an inflation hedge.
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Oil Rises After OPEC Says Demand Rising, U.S. Pledges Low Rates
Bloomberg - Wed Mar 17, 7:40 am ETMarch 17 (Bloomberg) -- Crude oil rose for a second day after OPEC officials said demand is growing and U.S. Federal Reserve authorities repeated their pledge to keep the main interest rate near zero.
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Crude Oil Slumps Under $80 As Dollar Rises
Fox News - Mon Mar 15, 11:42 am ETCrude Oil Slumps Under $80 As Dollar Rises
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Oil Rises for Second Day on Dollar’s Drop; OPEC May Hold Output
Bloomberg - Wed Mar 17, 4:28 am ETMarch 17 (Bloomberg) -- Crude oil rose for a second day as the dollar’s decline buoyed investor demand and after OPEC ministers indicated they would refrain from raising production.
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Crude oil stockpiles climb by 1M barrels
Hartford Business Journal - Wed Mar 17, 2:36 pm ETCrude inventories rose last week, while gasoline supplies dropped, the Associated Press reports.
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Gasoline costs more and is expected to climb
Daily Herald - Fri Mar 19, 1:16 am ETCompared to a year ago, Chicago and suburban drivers are shelling out nearly $1 more per gallon for regular gasoline - and experts say prices are expected to keep rising.
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Hart examines projected demand for Iowa crops
Shenandoah Valley News - 45 minutes agoDemand for Iowa crops has been helped by outside influences, especially the recovery in energy prices. Ethanol margins have moved above breakeven and support for biofuels has been boosted by the substantial rise in crude oil prices over the past year, according to Chad Hart, Iowa State University Extension grain marketing economist.
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Report Says West Virginians Still Vulnerable to High Gasoline Prices
WOWK-TV West Virginia - Sat Mar 20, 12:37 pm ETMountain State ranks in the middle among among states for vulnerability to a gasoline price shock.
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BNK Petroleum completes primary Polish Baltic Basin acreage acquisitions
CNW Group via Yahoo! Finance - Sat Mar 20, 11:25 pm ETBNK Petroleum Inc. announces on behalf of one of its European subsidiary's, Indiana Investments Sp. z o.o. that it has been awarded three oil and gas concessions in the Baltic Basin of Poland by the Ministry of Environment.
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Oil Trades Near $82 After Dollar’s Drop; OPEC May Hold Output
Bloomberg - Wed Mar 17, 12:29 am ETMarch 17 (Bloomberg) -- Crude oil was little changed near $82 a barrel after gaining on the dollar’s decline and as OPEC ministers indicated they would refrain from raising production.
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ALEX MILLS: Crude oil futures up 80 percent
The San Angelo Standard-Times - Sat Mar 13, 7:56 pm ETWhile natural gas prices have declined so far this year, crude oil prices have risen to more than $80 per barrel on the New York Mercantile Exchange.Crude oil futures for April delivery (NYMEX) closed at $82.11 on March 11, rising to an eight-week high. The increase was attributed to a report by the Energy Information Administration (EIA) which revealed that fuel supplies declined as demand had ...
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Oil Gains After OPEC Says Demand Rising, U.S. Pledges Low Rates
Bloomberg - Wed Mar 17, 10:30 am ETMarch 17 (Bloomberg) -- Crude oil rose above $82 a barrel after OPEC officials said demand is increasing and the U.S. Federal Reserve said it would keep interest rates low for an “extended period” to bolster the economic recovery.
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A Tentative Speculative Recovery and Dollar Plunge Sends Crude Oil to its Biggest Rally in Four Weeks
Daily FX via Yahoo! Finance - Tue Mar 16, 7:29 pm ETFollowing its first back-to-back drop in over five weeks, crude would put in for an immediate and forceful bullish reversal Tuesday with the combined help of a dollar tumble and recovery in risk appetite.
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Olympics, higher gasoline prices push up inflation
AFP via Yahoo! News - Fri Mar 19, 9:29 am ETConsumer prices rose 1.6 percent in the 12 months to February due primarily to higher gasoline prices and Vancouver hotel costs during the Winter Olympics, a government agency said Friday.
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Oil Falls a Second Day on Declining U.S. Fuel Demand, Dollar
Bloomberg - Thu Mar 18, 11:45 pm ETMarch 19 (Bloomberg) -- Crude oil dropped for a second day in New York amid concern fuel demand in the U.S., the world’s biggest energy consumer, was slipping and as a firmer dollar damped the investment appeal of commodities.
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Wall St falls as commodities drag, health in focus
Reuters via Yahoo! News - Fri Mar 19, 12:19 pm ETU.S. stocks slipped on Friday, after the Dow's eight days of gains, as a rising dollar hurt crude oil prices and weighed on energy stocks.
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Oil Declines as Dollar Strengthens, Crude Stockpiles Increase
Bloomberg - Thu Mar 18, 3:40 am ETMarch 18 (Bloomberg) -- Crude oil fell for the first time in three days as an increase in the dollar caused investors to sell contracts and lock in gains after prices reached a 10-week high yesterday.
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