Oil Slick Stuff

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7:26 am PT Reminder: Petroleum inventory data is delayed until tomorrow, due to the holiday

Looks like the data will be out on the 28th. Have they delayed in the past because of holidays?

Maybe I’m just being paranoid, but I don’t like it when reports get delayed.
 
Yes, wish I could get some real data, but can't find a thing. Only saw a female Talking Head say that the rumor is that oil inventories are less than the last tally but not down as much as the previous.:confused:
 
Oldcoin said:
7:26 am PT Reminder: Petroleum inventory data is delayed until tomorrow, due to the holiday

Looks like the data will be out on the 28th. Have they delayed in the past because of holidays?

Maybe I’m just being paranoid, but I don’t like it when reports get delayed.
Click to expand...

Yes, standard practice for wednesday oil report, to delay to thursday if holiday intervenes
 
$60.62 a barrel at 09:51 +.28 :o
12/28/2006 - Updated 10:21 AM ET
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Crude gains as traders look to weekly supply data
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</IMG>By Ciara Linnane, MarketWatch
NEW YORK (MarketWatch) -- Crude-oil futures rose early Thursday as traders braced for data on supplies of petroleum products, with analysts forecasting a fifth-weekly drawdown in inventories of crude.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7B5EB2EE0A%2D44E9%2D4201%2DAE49%2DD3D234E60A1D%7D
 
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Oil prices see-saw after supply plunge

Crude inventories fall by 8.1 million barrels, but drop not entirely unexpected as last week's fog cut off Gulf shipments.

December 28 2006: 10:49 AM EST


NEW YORK (CNNMoney.com) -- Oil prices wobbled Wednesday after a government report showed supplies of crude oil posting a big but not unexpected drop and gasoline stocks making a healthy rebound.
http://money.cnn.com/2006/12/28/markets/oil_eia/index.htm?postversion=2006122810
 
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Oil Prices Jump in Response to U.S. Data Showing Drop in Inventories by 8.1 Million Barrels
WASHINGTON - Oil prices rose slightly on Thursday in response to U.S. government data showing crude inventories plunged last week. In its latest weekly report, the Department of Energy said crude-oil inventories declined 8.1 million barrels last week to 321 million barrels, dipping below year-ago levels of 323.3 million barrels. The shrinking supply was not a total surprise: foul weather along the Gulf Coast delayed oil shipments, forcing refiners to draw down inventories; and U.S. imports have fallen by 567,000 barrels-a-day in the past four weeks, in part because higher prices in Europe have attracted supplies. But the magnitude of last week's inventory drop was larger than expected.
http://biz.yahoo.com/ap/061228/oil_prices.html?.v=15
 
$60.19 a barrel at 09:26 -.34:D $60.30 at 10:30 -.23
12/29/2006 - Updated 8:10 AM ET
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Weather's center of attention in energy pitsCrude hovers about $60 mark to cap turbulent year
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By Ciara Linnane, MarketWatchNEW YORK (MarketWatch)

Crude-oil futures edged lower early Friday, the final day of the trading year, as continued milder-than-normal weather weighed against weekly data that showed a bigger-than-expected drawdown in U.S. crude inventories.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7B7B677ECB%2D81BD%2D4E23%2DB0D7%2D5769B10FA4D5%7D
 
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61.03 a barrel at 15:24 -.02:worried: http://www.nymex.com/lsco_fut_condet.aspx?product=CL&month=Feb&cmonth=G&year=7&currPrev=C
AP
Oil Prices End 2006 Where They Started
Friday December 29, 3:17 pm ET
By Brad Foss, AP Business Writer

Oil Prices Finish 2006 About Where They Started, Natural Gas Plummeted Amid Mild Weather

WASHINGTON (AP) -- Oil prices settled above $61 a barrel Friday to finish 2006 roughly where they began, marking another tough year for energy consumers and another stellar one for the petroleum industry.
It was the fifth straight year in which oil prices were higher than the year before, on average.
Continued
http://biz.yahoo.com/ap/061229/oil_prices.html?.v=16
 
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Happy New Year!:D
Mild weather leaves oil cold

Trading limited due to U.S. day of mourning, holidays in Japan and Singapore.

January 2 2007: 8:08 AM EST


LONDON (Reuters) -- Oil hovered above $61 a barrel on Tuesday in thin trade as mild weather in the United States capped demand for winter fuel.
Oil markets in Japan and Singapore were shut for a holiday.
Trading floors in New York will also remain closed to honour the memory of former U.S. President Gerald Ford.
Energy winners and losers in 2006
Exxon Mobil Corp. (Charts), ConocoPhillips (Charts) and Chevron Corp. (Charts) were all down about 1 percent, while BP (Charts) edged downward 0.15 percent.
http://money.cnn.com/2007/01/02/markets/bc.markets.oil.reut/index.htm?postversion=2007010208:D
 
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$60.20 a barrel at 09:05 EST -.85 Now yer talkin'!:D
01/03/2007 - Updated 5:33 AM ET
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Oil futures edge lower as warm weather hits demandIran vows to press ahead with nuclear program
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</IMG>By Simon Kennedy, MarketWatch
LONDON (MarketWatch) -- Crude oil futures continued to edge lower Wednesday amid forecasts for further mild weather in the U.S. and as investors looked ahead to supply data due Thursday.
The February-dated light crude contract fell 50 cents from Friday's close -- the last full trading day -- to stand at $60.55 a barrel in electronic trading.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7BE8CCE515%2D88CE%2D4395%2DB30A%2D66FA692D3655%7D
 
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