Oil Slick Stuff

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var clickExpire = "08/13/2006";A little relief, but is it enough?
$77.26 a barrel
Oil eases back to $77
After hitting a $78.40 record high, crude remains high on tensions in Mideast, Nigeria and Korea.
July 14 2006: 5:54 AM EDT

SYDNEY, Australia (Reuters) -- Oil surged to record highs above $78 briefly Friday, easing back above $77 as geopolitical storm clouds gathered, with supply disruption in OPEC-exporter Nigeria and tensions across the Middle East driving crude into unchartered waters.
U.S. crude for August surged $1.37, hitting $78.40 briefly before easing back to $77.26 Friday morning, up 60 cents from Thursday's record settlement.
http://money.cnn.com/2006/07/14/markets/oil.reut/index.htm?cnn=yes
 
Relief, what relief?:confused:
$77.46 a barrel
Oil prices reach another record high
Crude continues to break records, tops $78 a barrel on tensions in Middle East and Nigeria, Korea talks.
July 14 2006: 8:22 AM EDT


NEW YORK (CNNMoney.com) -- Oil prices hit another record early Friday, surpassing $78 a barrel, as escalating violence in the Middle East raised fears about severe supply disruptions.
Light, sweet crude for August delivery rose 76 cents to $77.46 a barrel. Earlier in the session the contract hit $78.40, surpassing the record from a day earlier and hitting the highest level for a front-month contract since the New York Mercantile Exchange began trading oil futures in 1983.

http://money.cnn.com/2006/07/14/markets/oil/index.htm?cnn=yes
 
Next week huh?
$77.25 a barrel
07/14/2006 - Updated 12:18 PM ET
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Crude strikes record as world tensions riseIsrael, Lebanon conflict in focus; analysts see $80 :mad: as early as next week
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</IMG>By Myra P. Saefong, MarketWatch
SAN FRANCISCO (MarketWatch) -- Crude-oil futures climbed to never-before-seen levels Friday and analysts predict $80 prices as early as next week, with violence between Israel and Lebanon and the West's quarrels with Iran and North Korea fueling traders' anxiety over the state of oil supplies as countries begin to take sides on the various conflicts around the world.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=Commodities&guid=%7BEBA5E96C%2D92F5%2D43E0%2DBCF5%2D35DFB4862BB1%7D
 
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$80 oil by next week?? Can the markets "bounce" in the face of that? Earnings season gets into high gear next week. Anyone venture a guess about which particular earnings report, based on whatever sources you have, might give us enough good news for at least a few day rally?
 
WHAT?:nuts: :nuts:

Oil: Looking at $100
While a broader conflict with Iran isn't likely soon, one more big event could push crude prices into the triple digits.
By Steve Hargreaves, CNNMoney.com staff writer
July 14 2006: 2:59 PM EDT


NEW YORK (CNNMoney.com) -- As bombs fall in Beirut, pipelines explode in Nigeria and Iran shakes its fist at the West, energy traders and motorists alike are wondering one thing: How high can oil prices go?
"If another event takes place, it's not at all unrealistic for oil to spike to $100," said Bruce Lanni, an oil analyst at A.G. Edwards. "And there's no fundamental reason in this current climate to see oil prices retreat below $70 in the next few months."
http://money.cnn.com/2006/07/14/news/economy/oil_lookahead/index.htm?cnn=yes
 
SAN FRANCISCO (MarketWatch) -- Analysts predict that front-month, crude-oil futures will reach $80 a barrel as early as next week, following a four-session gain of more than $3 and a record close Friday.

You suppose this is priced in, or will it cause a ruckus when it actually happens?
 
Doesn't it feel good to be gouged by a greedy industry?
At some point in time... someone is going to have to step in and hold this group of thieves responsible for fleecing America. It’s greed… in its purest form.
 
Fivetears said:
Doesn't it feel good to be gouged by a greedy industry?
At some point in time... someone is going to have to step in and hold this group of thieves responsible for fleecing America. It’s greed… in its purest form.
Click to expand...

5T, The thieves are in power - we put them there!.....:sick:
 
Is this pull back enough?:confused: Nah!??
$76.43 a barrel
Oil retreat could help stocks
U.S. futures move off earlier lows on Israeli television report that country's attacks on Hezbollah militants could end within days.
July 17 2006: 6:41 AM EDT

NEW YORK (CNNMoney.com) -- Stocks still appeared ready to open lower Monday on continued violence in the Mideast, but a report on Israeli television that that country could wrap up its attacks on Hezbollah militants within days could change the market's tone.
At 6:22 a.m. ET, S&P and Nasdaq futures pointed to a lower open, although the futures had moved off of earlier lows before the drop in oil.
Six days of fighting between Hezbollah militants and Israel have added to the nervousness investors have been feeling over crises in Iran, Iraq and North Korea.
But Israel's Channel 10 quoted a senior military official as saying the offensive against Hezbollah will end within a few days, although a government spokeswoman later said Israel has no intention of initiating a halt as of yet.
Oil prices had been higher before the Israeli television report, but at 6:30 a.m. ET U.S. light crude retreated 60 cents to $76.43 a barrel in what appeared to be a volatile market.
http://money.cnn.com/2006/07/17/markets/stockswatch/index.htm?cnn=yes
 
How low will it go?
$76.07 a barrel.
Oil retreat could help stocks
U.S. futures move off earlier lows on Israeli television report that country's attacks on Hezbollah militants could end within days.
July 17 2006: 8:00 AM EDT

NEW YORK (CNNMoney.com) -- Stocks could open lower Monday on continued Middle East tensions, but an Israeli television report that the country could wrap up its attacks on Hezbollah militants within days had oil significantly lower and stock futures off of earlier lows..
At 7:57 a.m. ET, S&P and Nasdaq futures pointed to a slightly lower open, even with the drop in oil.
Six days of fighting between Hezbollah militants and Israel have added to the nervousness investors have been feeling over crises in Iran, Iraq and North Korea.
But Israel's Channel 10 quoted a senior military official as saying the offensive against Hezbollah will end within a few days, although a government spokeswoman later said Israel has no intention of initiating a halt as of yet. Oil prices also were jumped up and down on reports of Israeli troops entering into Lebanon.
Oil prices had been higher before the Israeli television report, but at 7:55 a.m. ET U.S. light crude retreated 96 cents to $76.07 a barrel in what appeared to be a volatile market. Brent was off $1.20 to $76.38.
http://money.cnn.com/2006/07/17/markets/stockswatch/index.htm?cnn=yes
 
It's a Rollercoaster
$76.45 a barrel

Oil's record march stalls
Crude futures turn lower as speculation about Mideast situation drives markets.
By Steve Hargreaves, CNNMoney.com staff writer
July 17 2006: 9:07 AM EDT

NEW YORK (CNNMoney.com) -- Oil prices swung widely early Monday, racing near $78 a barrel before falling more than $1, as violence continued between Israel and Lebanon.
Much of the movement came after an Israeli television report that the country may halt its attacks on Hezbollah militants in Lebanon within days.

U.S. light crude, which had been up as much as 71 cents at $77.74 a barrel, traded 58 cents lower at $76.45 a barrel in electronic trade at 9 a.m. ET.
http://money.cnn.com/2006/07/17/markets/oil/index.htm
 
Yes, I like down better than UP!:D
$75.45 a barrel
07/17/2006 - Updated 12:29 PM ET
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Oil trades below $76 amid Mideast optimismMarket sees diplomatic potential; other energy prices drop
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</IMG>By Myra P. Saefong, MarketWatch
SAN FRANCISCO (MarketWatch) -- Crude-oil futures fell back below $76 a barrel Monday, on track to break a four-session winning streak with traders apparently optimistic about the potential for peace in the Middle East despite ongoing violence between Lebanon and Israel.

http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=Commodities&guid=%7B1F03060D%2DF565%2D4C52%2D981B%2D2A24952702C2%7D
 
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Every little bit helps.:worried:
$75.30 a barrel
Oil's record march stalls
Crude falls nearly $2 as Iran, Syria remain on sidelines of Israel-Hezbollah fight.
By Steve Hargreaves, CNNMoney.com staff writer
July 17 2006: 3:33 PM EDT

NEW YORK (CNNMoney.com) -- Oil prices fell from record highs Monday, closing almost $2 lower, as violence between Israel and Lebanon-based Hezbollah did not expand as feared to neighboring oil-producing states.
U.S. light crude for August delivery slid $1.73 to settle at $75.30 a barrel on the New York Mercantile Exchange.
http://money.cnn.com/2006/07/17/markets/oil/index.htm?cnn=yes
 
Opps!
$76.11 a barrel
07/18/2006 - Updated 8:01 AM ET
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Crude pushes higher on Mideast tensions
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</IMG>By Ciara Linnane, MarketWatch
NEW YORK (MarketWatch) -- Crude-oil futures rose early Tuesday, pulling gasoline prices higher with them, as traders continued to nervously eye developments in the Middle East and fret that the conflict may spread beyond Israel and Lebanon.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=Commodities&guid=%7B90D64BB1%2DBBC8%2D493C%2DAE18%2D9347D02BF363%7D
 
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Inchin' up on us!
$76.25 a barrel
07/18/2006 - Updated 10:36 AM ET
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Oil tops $76 on Middle East woes, strong demand
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</IMG>By Myra P. Saefong, MarketWatch
SAN FRANCISCO (MarketWatch) -- Crude-oil futures rose above $76 a barrel Tuesday morning and gasoline prices climbed as much as 2% on market concerns over violence between Israel and Lebanon and fears the conflict will spread, and upbeat economic data from both the U.S. and China, which imply strength in oil demand.
http://markets.usatoday.com/custom/...s&guid={90D64BB1-BBC8-493C-AE18-9347D02BF363}
 
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Now yer talkin'
$73.60 a barrel:D

Market Update
http://us.rd.yahoo.com/addtomy/*http://add.my.yahoo.com/content?id=931342:30 pm : Market bounces off its worst levels amid a sharp sell-off in oil prices, even lifting the Dow back into positive territory for the day and the year. Unlike earlier, when oil prices initially inching into the red removed leadership throughout the Energy sector and pushed the indices lower, aggressive consolidation in crude futures to $73.60 per barrel (-2.3%) going into the close of trading on the NYMEX is offering some solace, especially after high energy prices contributed to the stronger than expected rise on total PPI. It appears concerns about the conflict between Israel and Hezbollah spreading deeper into the oil-rich Middle East and potentially disrupting shipments is abating. DJ30 +2.96 NASDAQ -12.67 SP500 -3.46 NASDAQ Dec/Adv/Vol 1946/973/1.31 bln NYSE Dec/Adv/Vol 2061/1163/1.09 bln
http://finance.yahoo.com/mo
 
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