Oil Slick Stuff

1/07/2006 - Updated 8:09 AM ET
1.gif

Crude up as OPEC output-cut hint provides support
1.gif

By Ciara Linnane,
MarketWatchNEW YORK (MarketWatch) --

Crude-oil futures rose slightly early Tuesday, extending sharp gains posted a day earlier on renewed violence in Nigeria and hints of more production cuts from the Organization of the Petroleum Exporting Countries if the recently-agreed cut fails to stabilize prices.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7B52B0F57C%2D3EB2%2D41CF%2DA793%2D822D69A3669D%7D
 
Last edited:
$59.17 to be exact, had a bad day at work today! Good call, my bad.:embarrest:
Thanks Locke!!
Norman
 
Last edited:
Yep. With Don Rummy stepping down & the Republican Party drawing to a close... How long do you think Democratic America will enjoy the current price of Republican influenced crude prices? Remember y'all... OPEC is pretty "Bush-y."
$80.00 a barrel before Christmas; or BUST.:notrust:
Surprise Surprise ELECTION IS OVER. Democrats in control
 
Oil prices rose above $60 a barrel Thursday in reaction to figures showing lower U.S. gasoline and diesel fuel inventories and to leadership changes in the U.S. Congress following midterm elections.
 
Oil prices rose above $60 a barrel Thursday in reaction to figures showing lower U.S. gasoline and diesel fuel inventories and to leadership changes in the U.S. Congress following midterm elections.

I think its important to note that for oil prices to come down, the dollar has to strengthen (oil is traded in dollars).....which doesn't bode well for the I fund...
 
Oil up! It's the Dem's fault!:mad:

11/09/2006 - Updated 10:42 AM ET
1.gif
Crude futures tap a two-week high above $61Oil-product supply tightens; natural-gas prices rally on supply decline
1.gif
</IMG>By Myra P. Saefong, MarketWatch
SAN FRANCISCO (MarketWatch) -- Crude-oil futures tapped a high above $61 a barrel Thursday morning for the first time in two weeks, buoyed by data showing a smaller-than-expected rise in U.S. crude inventories in the latest week, a fifth week of declining distillate supplies and growing expectations that major oil producers will follow through with a promise to cut output.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7B525813EF%2D973F%2D4C5C%2DBB3E%2D11A2AFEA1817%7D
 
Last edited:
Not at work today, but busy around the house. I have 4 days to tile the bathroom floors and counter top, paint, new light fixtures, sink EVERYTHING!! Lots of fun!:D
 
Back
Top