Oil
Crude oil hovers near $106
NEW YORK, Feb. 22 (UPI) — Crude oil prices held near $106 a barrel Wednesday morning, as the dollar index moved higher, gaining 0.28 percent to 79.31. The index that measures the dollar against six major currencies has an inverse effect on the price of
Strong oil prices help lift NZOG into black
Oil Explorer New Zealand Oil & Gas bounced back to profitability at the end of 2011, boosted by strong oil prices and lower write-offs related to the Pike River Coal disaster. The Wellington-headquartered group, which recently signed exploration deals in
6 Oil And Energy Stocks With Expected Gains Of 40% Or More
It makes sense for most investors to have some exposure to the energy sector. Everyone uses energy, whether it is supplied by solar, coal, oil or other companies. Owning stocks in this sector is a great way to participate in the rising demand that comes
Marathon Oil: Profit From Rising Prices Now
The U.S. consumer remains in a precarious state. Wages are rising at a slow pace, keeping many workers from boosting their earning — and spending — power on an inflation-adjusted basis. In fact, consumers may start to feel that they are losing ground i
Energy Stocks: Nabors, Range push oil stocks to positive side
…doesn’t lie, and in… Geithner: Corporate tax reform will not be quick Oil trades higher, aims at firmer gains at $106.22 jon markman Calm Europe Boosts Apple, HD The elimination of “tail risk” through a new lending facility is boosting PE multiples, leading…
UAE firm says unaffected by Iran oil ban
…US consulate in the Emirates,” he added. Meanwhile, the company’s director of finance, Tarun Ohri, stated in an interview in London that although it may become difficult in the future, “currently we don’t have any problems.” The United States, Israel and some…
Oil hits above $122, highest intraday since May 2011
LONDON: Brent crude oil reached a nine-month high on Wednesday, supported by Iran-related supply worries, even as weak economic data in Europe and China cast doubt on the outlook for global growth, denting other demand-sensitive assets. Brent crude for A
Bulova Technologies Group, Inc. and Tri Gas Oil and Trade S.A. sign Agreement, with ITF Enhancing Human Security
…Bulova Technologies Group, Inc. (OTCQB:BLVT) (the “Company”) and Tri Gas Oil And Trade S.A. (“TGT”) announced today the signing of an agreement with ITF Enhancing Human Security (formerly the International Trust Fund to Enhance Human Security) (“ITF”), the…
Oil prices climb on Iranian fears
…trader Stephen Schork said. “They’re concerned about supply.” Iran has been embroiled in a standoff with the U.S. and Europe for several months over its nuclear program. Western nations fear Iran is building a nuclear weapon and have been trying to put financial…
Video: Traders Watch the Dollar & Crude Oil
What is notable right now is the focus on the dollar and crude oil, says Ben Lichtenstein, TradersAudio.com, who adds the pattern right now is higher highs and higher lows. Related Links: Business & financial news headlines from msnbc.com Top of page
Northern Oil and Gas, Inc. Announces Fourth Quarter and Full-Year 2011 Earnings Release & Conference Call
…/PRNewswire/ — Northern Oil and Gas, Inc. (NYSE/AMEX: NOG) (“Northern Oil”) announced today that it expects to release fourth quarter and full-year 2011 financial and operating results on Wednesday, February 29, 2012 prior to the market open. In conjunction…
SE Asia Stocks: End mostly lower on Greek, oil worries
…results disappointed analysts as earnings from its consumer products and palm oil businesses both fell by 12 per cent despite higher sales and palm oil production volumes. In Bangkok, the benchmark index fell, but volumes jumped on heavy trading in Thailand’s…
Nigeria: Nation Loses N2.9 Billion Daily to Oil Theft – Shell
…companies can make up for the short fall in productions by the International Oil Companies, IOCs, stating that the current scenario where local operators contributed less than 10 per cent of total production was not healthy for the economy and the industry….
What’s Important in the Financial World (2/22/2012) Recession, Oil Prices
…to close the Strait of Hormuz, the passage way for one-fifth of the world’s oil. The regime in Nigeria is teetering. Hugo Chavez of Venezuela said his cancer has returned, which raises the question of what will happen to his 13-year old government when he…
Oil hovers above $106 as Iran tensions mount
…Goldman Sachs said in a report. “It is important to emphasize that a spike in oil prices would most likely inflict damage on the economic recovery.” In other energy trading, heating oil fell 0.1 cent to $3.23 per gallon and gasoline futures slid 0.4 cent to…
Galata Chemicals Announces Price Increase for DRAPEX Epoxidized Soybean Oil Plasticizers
…provided “as is” for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein. The blog articles are opinions by…
Avner Oil, Delek Drilling approve $250m offering
…securities to raise up to $125 million each. The net proceeds will be used to finance the companies’ share of the development of the Tamar and other natural gas fields, and to refinance debts. Avner and Delek Drilling will have the discretion to decide on…
Oil Rallies on Greek Bailout and Iranian Tensions
…S&P 500 gaining +0.12% and +0.07% respectively. In the commodity sector, crude oil prices rallied higher with WTI crude oil for April delivery jumping to as high as 106.48 before closing at 106.25, up 2.58% from Friday’s close of 103.6. The equivalent Brent…
Oil tank product selector guide and links to industry regulations available at new Titan Tank’s Online website
…Environmental is one of the UK and Irelands foremost innovators in the fields of oil and fuel tanks, and is now providing a wealth of information online to both the trade and end-users. For the trade, the site offers a huge repository of information about…
Oil edges towards $121
…crisis, stirring fears about fuel demand in the world’s second largest oil user. Commodities rallied yesterday after the European Union approved a €130 billion rescue fund to Greece, saving it from bankruptcy. But the long-term risk of a messy default and…
