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Business Spectator (Free subscription) | yesterday
... a bullish gasoline number and so far, the huge crude build appears to be winning," said analyst Jim Ritterbusch of Ritterbusch & Associates.US crude rose 30 cents to $US114.83 a barrel by 0101 AEST, of an intra-day high of $US117.03. London Brent crude gained 40 cents to $US113.65.The Energy Information Administration report also showed supplies of distillates rose by 500,000 barrels,...
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The Earth Times Online Newspaper (Free subscription) | yesterday
... a bullish gasoline number and so far, the huge crude build appears to be winning," said analyst Jim Ritterbusch of Ritterbusch & Associates.U.S. crude rose 30 cents to $114.83 a barrel by 11:01 a.m. EDT, of an intra-day high of $117.03. London Brent crude gained 40 cents to $113.65.The Energy Information Administration report also showed supplies of distillates rose by 500,000 barrels,...
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kansascity.com (Free subscription) | 08/18/2008
... areas, but until it's better defined we should still see some volatility in the market," said Jim Ritterbusch, president of energy consultancy Ritterbusch and Associates in Galena, Ill.
A slightly weaker dollar kept oil prices from slipping further. A falling dollar typically pushes oil prices higher as investors buy crude and other commodities as hedges against inflation.
Still,...
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kansascity.com (Free subscription) | 08/14/2008
... demand is going to improve because of lower pump prices, and that seems a long ways off," said Jim Ritterbusch, president of energy consultancy Ritterbusch and Associates in Galena, Ill.
Thursday's sell-off was tempered by ongoing tensions in the near weeklong conflict between Russia and Georgia over two breakaway provinces. Secretary of State Condoleezza Rice on Thursday urged...
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New Zealand Herald (Free subscription) | 08/14/2008
... We're not seeing the frenzy of buying that we would have seen a couple months ago," said Jim Ritterbusch, president of energy consultancy Ritterbusch and Associates in Galena, Illinois."I think the true underlying demand weakness is still out there," he added, saying he believed that Americans were not yet reacting to easing pump prices by driving more. "I don't think people are going...
