Oil Slick Stuff

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Yer right, I was closed this morning, but now back on track!!!:laugh::embarrest:
 
10/12/2009 - Updated 12:14 PM ET

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Oil tops $73 a barrel as IEA forecast buoys sentiment
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By Polya Lesova, MarketWatch & Nick Godt, MarketWatch

NEW YORK (MarketWatch) -- Crude-oil futures rose above $73 a barrel on Monday, boosted by optimism in equities markets and renewed dollar weakness, and with sentiment buoyed by raised forecasts for demand.
Crude oil for November delivery gained $1.51, or 2.1%, to $73.28 a barrel in electronic trading on Globex. Earlier in the session, the contract hit an intraday high of $73.57 a barrel.
http://markets.usatoday.com/custom/...S&guid={5C294689-943F-468C-AC8D-D35354694920}
 
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Oil prices near a new high for the year:mad::mad::nuts:

Crude prices close in on $75 per barrel because of the weakening US dollar


  • On 11:12 am EDT, Tuesday October 13, 2009
NEW YORK (AP) -- Oil prices neared new highs for the year Tuesday as the dollar slipped against other major currencies, demonstrating how much the weakened U.S. currency can affect consumers globally.

The U.S. dollar index, where the U.S. currency is measured against other major currencies, hit a 14-month low Tuesday. Because crude is bought and sold in dollars, it essentially becomes cheaper for international investors who have flooded into energy markets despite a big surplus of oil.
http://finance.yahoo.com/news/Oil-p...70.html?x=0&sec=topStories&pos=2&asset=&ccode=
 
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$80 bucks soon,

Maybe time to watch for 3.50 a gallon out here in LA-LA land....Mickey's buying Chinese Hummers now.:suspicious:
 
Frixxxx said:
$80 bucks soon,

Maybe time to watch for 3.50 a gallon out here in LA-LA land....Mickey's buying Chinese Hummers now.:suspicious:
Click to expand...
Yes, their jacking up the price based on the POSSIBILITY of a recovery! :nuts:
Manipulation all over again!!:sick:
 
10/13/2009 - Updated 3:21 PM ET
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Oil gains as OPEC lifts forecast
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By Polya Lesova, MarketWatch & Myra P. Saefong, MarketWatch

NEW YORK (MarketWatch) -- Crude futures rose above $74 a barrel on Tuesday, hitting the highest level in seven weeks after the OPEC oil cartel revised higher its forecast for global oil demand for this year and 2010.
Also helping crude move higher, the U.S. dollar fell to the lowest level in 14 months, lifting dollar-denominated commodities prices.
Crude oil for November delivery rose 88 cents, or 1.2%, to $74.15 a barrel on the New York Mercantile Exchange, the highest settlement for a front-page contract since Aug. 24.
http://markets.usatoday.com/custom/...S&guid={52DEABA5-8EFC-4DD4-B65C-CB51D7A39840}
 
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10/14/2009 - Updated 6:28 AM ET
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Oil gains 1% ahead of API supply dataPrices earlier tap fresh one-year high on rising demand forecasts, dollar drop
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By Polya Lesova, MarketWatch & Myra P. Saefong, MarketWatch

FRANKFURT (MarketWatch) -- Crude futures traded up 1% Wednesday after earlier hitting their strongest intraday level in a year, as investors cheered improved forecasts for global oil demand and as weakness in the U.S. currency attracted buyers to dollar-denominated commodities.
Crude oil for November delivery was recently up 74 cents, or 1%, to $74.89 a barrel in electronic trading on Globex.
http://markets.usatoday.com/custom/...S&guid={75AA61A5-A112-44A6-B774-DCB028E0DB98}
 
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UP, UP, UP, she goes, this is NOT funny!!! Guess the Heating Oil season is coming because the Summer Driving Season should be OVER!!:nuts:
 
Oil UP dollar UP, Oh! contra should be the other way around, stronger dollar cheaper Oil!!:cool:

10/14/2009 - Updated 11:51 AM ET

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Oil hits one-year high as stocks rally, dollar strengthens
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By Polya Lesova, MarketWatch & Moming Zhou, MarketWatch

NEW YORK (MarketWatch) -- Crude futures rose Wednesday for a fifth straight session, briefly hitting the strongest level in a year as upbeat earnings reports from U.S. companies lifted stock markets and boosted sentiment in energy trading.
Also helping crude, the weakness in the U.S. currency attracted buyers to dollar-denominated commodities.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7B75AA61A5%2DA112%2D44A6%2DB774%2DDCB028E0DB98%7D
 
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10/15/2009 - Updated 7:16 AM ET

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Oil futures edge up ahead of inventory data
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By Polya Lesova, MarketWatch

FRANKFURT (MarketWatch) -- Oil futures traded marginally higher Thursday after hitting a new one-year high, as investors were cautious ahead of government data expected to show a rise in crude and gasoline supplies.
Crude oil for November delivery was up 28 cents to $75.46 a barrel in electronic trading on Globex.
Earlier, the contract soared to $75.97 a barrel, marking a fresh one-year high.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7B33329053%2D8871%2D4765%2DBEB7%2D88D150DBCCF5%7D
 
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10/15/2009 - Updated 9:07 AM ET
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Oil little changed ahead of EIA petroleum data
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By Polya Lesova, MarketWatch & Moming Zhou, MarketWatch

NEW YORK (MarketWatch) -- Oil futures were little changed Thursday, swinging between gains and losses after hitting a new one-year high earlier in the session, as investors were cautious ahead of government data expected to show a rise in crude and gasoline supplies.
Crude oil for November delivery was up 2 cents at $75.20 a barrel in North American electronic trading. Earlier, the contract soared to $75.97 a barrel, the highest intraday level for a front-month contract since October 2008.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7B33329053%2D8871%2D4765%2DBEB7%2D88D150DBCCF5%7D
 
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10/15/2009 - Updated 2:19 PM ET
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Crude rallies after data show big drop in gasoline inventories
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By Moming Zhou, MarketWatch & Polya Lesova, MarketWatch

NEW YORK (MarketWatch) -- Crude oil and gasoline futures rallied Thursday after government data showed a surprisingly big drop in gasoline inventories as refineries cut production to the lowest level in more than a year.
Gasoline inventories fell by 5.2 million barrels in the week ended Oct. 9, the Energy Information Administration reported. Analysts polled by http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7B33329053%2D8871%2D4765%2DBEB7%2D88D150DBCCF5%7D
 
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nnuut said:
Yes, their jacking up the price based on the POSSIBILITY of a recovery! :nuts:
Manipulation all over again!!:sick:
Click to expand...
No manipulation, winter is upon us.......12-15% markup came quick this year!
Frixxxx said:
$80 bucks soon,

Maybe time to watch for 3.50 a gallon out here in LA-LA land....Mickey's buying Chinese Hummers now.:suspicious:
Click to expand...
It's time for Mickey to go GREEN!!!!
 
Right again FRIXXX seems that heating Oil is wearing us out, now a drop in Gas/Oil inventories:o!! They say the Demand is in command.:suspicious:
 
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