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03/11/2010 - Updated 11:24 AM ET
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Crude oil drop as China inflation fuels tightening concerns
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By Nick Godt, MarketWatch

NEW YORK (MarketWatch) -- Crude oil futures came under pressure early Thursday as Chinese economic reports fueled concerns that Beijing might further tighten access to money to cool growth, leading to less from one of the world's biggest oil consumer. [more]
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7B8FA9046D%2DFFF2%2D4BA7%2DA691%2D3D80E379E70D%7D
 
03/12/2010 - Updated 5:58 AM ET
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Crude rises above $82 a barrel as IEA hikes forecasts
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By Polya Lesova, MarketWatch

FRANKFRUT (MarketWatch) -- Crude futures rose above $82 a barrel on Friday, as the International Energy Agency raised its forecast for global oil demand, citing strong growth in China and other emerging economies.
Crude oil for April delivery gained 58 cents, or 0.5%, to $82.69 a barrel in electronic trading on Globex. Oil prices finished virtually unchanged on Thursday.
http://markets.usatoday.com/custom/...S&guid={E0464D27-5216-4E34-9296-B5EB4FAC1D0B}
 
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Hey!! Where is the Southern Link?:confused:
Building the world's longest ethanol pipeline

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By David Whitford, editor at largeMarch 12, 2010: 9:55 AM ET

(Fortune Magazine) -- John D. Rockefeller figured out a long time ago that the most efficient way to transport liquid fuels long distances wasn't on wheels but in pipelines. Today POET, the privately held Sioux Falls, S.D., company that is the country's largest producer of ethanol, and Tulsa pipeline-builder Magellan Midstream Partners are poised to make the same leap.
They want to build a $4 billion ethanol pipeline -- the first in the U.S. and the longest in the world -- linking cornfields and refineries in the upper Midwest to fuel-hungry markets on the East Coast, while boosting transport efficiency (equivalent to reducing the carbon footprint) 30% compared with rail and nearly 90% compared with trucks.

This is a big pipe -- extending 1,800 miles, crossing seven state lines, carrying 240,000 barrels a day -- and it won't happen without an equally big boost from taxpayers. On Feb. 25, corn-state congressman Leonard Boswell (D-Iowa) reintroduced the Renewable Fuel Pipeline Act. (Similar legislation is pending in the Senate.) [more]
http://money.cnn.com/2010/03/11/news/companies/ethanol_pipeline.fortune/index.htm
 
03/12/2010 - Updated 11:44 AM ET
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Crude tops $82 on IEA forecast, U.S. retail sales
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By Polya Lesova, MarketWatch & Nick Godt, MarketWatch

NEW YORK (MarketWatch) -- Crude oil rose above $82 a barrel on Friday, as the International Energy Agency raised its forecast for global oil demand, citing strong growth in China and other emerging economies, while U.S. retail sales unexpectedly rose in February.[more]
http://markets.usatoday.com/custom/...S&guid={E0464D27-5216-4E34-9296-B5EB4FAC1D0B}
 
03/15/2010 - Updated 7:21 AM ET
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Oil futures drop below $81 on strong dollar, weak demand
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By Polya Lesova, MarketWatch

FRANKFURT (MarketWatch) -- Oil futures dropped below $81 a barrel on Monday, as the U.S. dollar's strength and worries over weak demand weighed on prices.
Crude oil for April delivery fell 60 cents, or 0.7%, to $80.64 a barrel in electronic trading on Globex.
http://markets.usatoday.com/custom/...S&guid={5D76B105-0F54-4077-844D-B3C2618D45F1}
 
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Driven by the higher Dollar Oil drops below $80 a barrel, this will be a drag on the Market unless it turns around!:sick:
 
Oil plummets amid renewed uncertainty
By Chavon Sutton, staff reporterMarch 15, 2010: 12:38 PM ET


NEW YORK (CNNMoney.com) -- Oil fell on Monday, as uncertainty over the debt crisis was renewed and the dollar strengthened against major currencies.
What prices are doing: Crude plummeted $1.75 to $79.49 a barrel on Monday.


For more commodity prices, click chart

What's driving the market: Prices took a nosedive, as traders kept a wary eye on global sovereign debt issues, after a report showed renewed worries over some countries' ability to sustain a recovery. [more]
http://money.cnn.com/2010/03/15/markets/oil/index.htm?postversion=2010031511
 
March 16, 2010, 8:40 a.m. EDT
Crude, gold off highs as housing starts slump

By Nick Godt

NEW YORK (MarketWatch) -- Crude oil and gold futures came off earlier highs on Tuesday, after a report that showed housing starts fell 5.9% in February. Crude oil for April delivery rose 50 cents, or 0.6%, to $80.30 a barrel, after earlier reaching a high of $80.37 a barrel. Gold for April delivery was up $10.20, or 0.9%, at $1,115.60 an ounce.
http://www.marketwatch.com/story/crude-gold-off-highs-as-housing-starts-slump-2010-03-16
 
03/16/2010 - Updated 9:47 AM ET
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Crude oil rises as dollar slumps ahead of Fed
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By Nick Godt, MarketWatch

NEW YORK (MarketWatch) -- Crude-oil futures advanced on Tuesday, following a 1.8% drop in the previous session, as the dollar fell back amid further European support for Greece and ahead of the Federal Reserve's decision on interest rates, due at 2.15 p.m. Eastern time.
Crude oil for April delivery was up $1.12, or 1.4%, to $80.91 a barrel in electronic trade.
http://markets.usatoday.com/custom/...S&guid={0B0E2522-65E6-4F3F-BDCB-40C82DEF2A4F}
 
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03/17/2010 - Updated 10:18 AM ET
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Oil prices gain as OPEC holds line on production quotasTraders await U.S. government data on petroleum inventories
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By Polya Lesova, MarketWatch

NEW YORK (MarketWatch) -- Crude futures rose above $82 a barrel on Wednesday, supported after the Federal Reserve and the Bank of Japan maintained their liquidity-boosting stance and the OPEC oil cartel reportedly kept its production quota unchanged at its meeting in Vienna.
Traders also awaited weekly data on U.S. petroleum supplies. An industry group's estimated late Tuesday that crude supplies rose less than expected in the week ended March 12.
://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7B34023BAF%2D3725%2D4040%2D9392%2D975FC2BE6AC6%7D&loc=interstitialskip
 
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03/17/2010 - Updated 11:58 AM ET
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Oil prices come off highs; OPEC holds line on output quotas
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By Polya Lesova, MarketWatch

NEW YORK (MarketWatch) -- Crude-oil futures on Wednesday trimmed their earlier gains, as energy traders played off the Organization of Petroleum Exporting Countries' decision to keep production quota unchanged as well as data showing U.S. inventories rose last week.
OPEC's decision was widely expected. But in a statement, the oil cartel expressed concern that production increases among countries that aren't part of OPEC would offset rising global demand for oil.
http://markets.usatoday.com/custom/...S&guid={34023BAF-3725-4040-9392-975FC2BE6AC6}
 
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03/17/2010 - Updated 3:52 PM ET
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Oil gains on weak dollar; OPEC holds line on output quotas Crude supplies rise in line with expectations
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By Polya Lesova, MarketWatch

NEW YORK (MarketWatch) -- Crude futures finished on a 1.5% gain Wednesday, helped by a weaker dollar a day after the Federal Reserve reassured markets that it would keep rates very low for an extended period.
The market also played off the Organization of Petroleum Exporting Countries' decision to keep its production quota unchanged, as well as data showing U.S. inventories rose last week.
Crude for April delivery finished up $1.23, or 1.5%, to $82.93 a barrel at the New York Mercantile Exchange. [more]
http://markets.usatoday.com/custom/...S&guid={34023BAF-3725-4040-9392-975FC2BE6AC6}
 
Iran to Open Wallet for $200B Oil Investment to 2015

by Benoit Faucon
Dow Jones Newswires
Wednesday, March 17, 2010

VIENNA (Dow Jones), Mar. 17, 2010
Iran is seeking $200 billion in oil, gas and refining investments over five years to avoid a production decline, and Iranian companies can sustain this should foreign interest fail to materialize, the country's oil minister said Wednesday.
He also reiterated sanctions won't affect those plans.
http://www.rigzone.com/news/article.asp?a_id=89583&hmpn=1
 
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03/18/2010 - Updated 6:56 AM ET
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Oil futures edge lower as dollar gains vs. major rivals Traders await economic data, including jobless claims and consumer prices
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By Polya Lesova, MarketWatch

FRANKFURT (MarketWatch) -- Oil futures dropped on Thursday, pressured by the U.S. dollar's rise against other major currencies and data showing a build in crude inventories.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7BEF5546DF%2D305C%2D4679%2DB3BB%2D13C0DBA4E366%7D&loc=interstitialskip
 
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03/18/2010 - Updated 11:19 AM ET
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Oil futures fall as Greek hesitations sink euro, lift dollarNatural gas slumps 4% as supplies drop far less than expected
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By Polya Lesova, MarketWatch & Nick Godt, MarketWatch

NEW YORK (MarketWatch) -- Oil futures slumped on Thursday, hit by rising U.S. crude inventories and hesitations over European plans to help Greece, which revived economic concerns, pressured the euro and lifted the dollar.
Crude oil for April delivery fell 54 cents, or 0.7%, to $82.38 a barrel in electronic trading on Globex.
http://markets.usatoday.com/custom/...S&guid={EF5546DF-305C-4679-B3BB-13C0DBA4E366}
 
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