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Asiaing.com (Free subscription) | 14 hours ago
The OPEC Monthly Oil Market Report covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance.
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Market Watch (Free subscription) | yesterday
LONDON (MarketWatch) -- Oil futures traded as high as $50.65 a barrel in electronic action Friday, as the oil market responded to big gains in worldwide stock markets and U.S. stock futures. Oil futures recently were trading up 51 cents to $49.93 a barrel after closing Thursday's session at its worst level since May 2005. Market Pulse Stories are Rapid-fire, short news bursts on stocks...
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InformedTrades (Free subscription) | yesterday
LONDON (MarketWatch) -- Oil futures traded as high as $50.65 a barrel in electronic action Friday, as the oil market responded to big gains in...
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Environmental Capital (Free subscription) | yesterday
The bears were pushed away from the oil-market carcass, but only just. Crude futures closed up at just under $50, the first upward tick in six days, as markets tried to determine whether government steps to juice the economy will be enough to offset a big drop in demand seemingly everywhere. For the past month, oil bears have been calling the shots, oblivious to the sort of thing—pirates...
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Market Watch (Free subscription) | yesterday
Oil futures rebound Friday, rising for the first time in six sessions, as sentiment is boosted by hopes that stimulus plans in Japan and Europe will help revive the global economy.
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Dinocrat (Free subscription) | yesterday
Saudi Arabia is the longstanding largest swing producer of oil globally. In normal times, a Saudi increase in oil production would an have important impact on the market. Saudi Arabia announced in June, when oil was $134 a barrel, that it would increase output to curb rising oil prices. The price of [...]
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oil and energy news (Free subscription) | yesterday
Oil Closes Below $50, Lowest Price Since May 2005 After rising to dizzying heights this summer, the oil market is suffering a hair-raising drop with no apparent end in sight. Oil prices fell to their lowest level in more than three years, falling below $50 a barrel on Thursday, after shedding close to $100 in four months [...]
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Indian Express (Free subscription) | 11/20/2008
Close on the heels of raising the import duty on crude soyoil to 20% from zero, the government on Thursday allowed limited exports of edible oil, partially lifting a ban on the overseas sales. Edible oil firms can export only in packets of 5 kg and up to a limit of 10,000 tonne, an official statement said.
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Rocky Mount Telegram - Business (Free subscription) | 11/20/2008
After rising to dizzying heights this summer, the oil market is suffering a hair-raising drop with n...
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MarketBeat (Free subscription) | 11/20/2008
The catalysts for lower oil prices are massive: reduced economic demand, unwinding of leveraged fund positions, bearish calls on the market, dried-up auto sales, the bursting of the Chinese bubble, and expectations for more worldwide refining capacity. On the bullish side of the ledger? Maybe the success of the Somali pirates that recently hijacked Saudi oil super-tanker Sirius Star. But pirates...
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Business Wire (Free subscription) | 11/20/2008
NEW YORK--(BUSINESS WIRE)--Reportlinker.com announces that a new market research report related to the Chemicals industry industry is available in its catalogue. World Natural and Synthetic Waxes Market
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Royal Dutch Shell plc .com (Free subscription) | 11/18/2008
What will it take to raise oil prices? On Monday, a Saudi Aramco supertanker was hijacked by Somali pirates. Chevron and Shell both announced pipeline disruptions in Nigeria. And yet crude oil prices barely moved, still trading around $56 a barrel.
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The Heating Fuels Think Tank (Free subscription) | 11/18/2008
Highlights are as follows: Slowing Demand, Strengthening Dollar, Volatility Increasing in all Markets, Synchronized Recessionary Phase brutally effecting all global economies Listen to all four minutes here.
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Reuters UK (Free subscription) | 11/19/2008
LONDON (Reuters) - Oil's decline deepened to below $54 a barrel on Wednesday, pressured by economic weakness that will further erode the world's demand for fuel.
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PR News Wire (Free subscription) | 11/19/2008
HOUSTON, Nov. 19 /PRNewswire/ -- Purvin & Gertz announces the 2009 release of a new study focusing on bunker and fuel oil markets: Residual Fuel Market Outlook: Impact of Bunker Quality Changes on Marine Fuels & Refining. This timely and comprehensive study is underway and will be completed by the second quarter of 2009. It will present an analysis of the issues, balances and economics...