Oil Slick Stuff

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Oil down on end of French strike:D

London's Brent crude higher amid the continued Mideast tension.

April 2 2007: 6:18 AM EDT


SYDNEY (Reuters) -- Oil prices fell Monday due largely to profit-taking as the row between Iran and Britain reached a stalemate and as workers at a French oil hub ended their strike after nearly three weeks.
Crude fell 32 cents to $66.56 at 6:10 a.m. ET after falling as much as 35 cents in early trade. (more)
http://money.cnn.com/2007/04/02/markets/oil.reut/index.htm?postversion=2007040206
 
Settle at $65.94 +..07 for the day
Off the daily high probably due to good words between England and Auuukkkmmeeeenaddajjsuckerhuadd and crew!:D
 
$64.96 at 09:21 -.98 :D
http://www.nymex.com/lsco_fut_condet.aspx?product=CL&month=May&cmonth=K&year=7&currPrev=C
04/03/2007 - Updated 7:59 AM ET
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Crude falls 1.5% as Iran tensions ease
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By Ciara Linnane, MarketWatch

NEW YORK (MarketWatch) -- Crude-oil futures dropped by $1 a barrel amid signs of easing tensions between the U.K. and Iran, which touched off a diplomatic crisis 11 days ago by seizing 15 British navy personnel in waters of the Persian Gulf.
http://markets.usatoday.com/custom/...S&guid={D3FDF7F1-B3B3-43CA-AD30-A07E3AB098D8}
 
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$63.60 at 09:35 -1.04:D Looking good today Rally ON!! MAYBE?
http://www.nymex.com/lsco_fut_condet.aspx?product=CL&month=May&cmonth=K&year=7&currPrev=C

FUTURES MOVERS
Crude falls as Iran says it'll release U.K. sailors

By Ciara Linnane, MarketWatch
Last Update: 9:40 AM ET Apr 4, 2007

NEW YORK (MarketWatch) -- Crude-oil futures turned lower early Wednesday after Iranian President Mahmoud Ahmadinejad pardoned 15 U.K. Navy personnel being held captive by Tehran and said they would be released, ending a diplomatic crisis that had threatened oil supplies in the region.
http://www.marketwatch.com/News/Story/Story.aspx?column=Futures+Movers
 
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Gasoline inventory down 5 million barrles, better fill up the tank, expect a race to the signs to bump the cost up an additional 10 or more cents.:mad: Ya boy....inflation will be contained...:suspicious:
 
vectorman said:
Gasoline inventory down 5 million barrles, better fill up the tank, expect a race to the signs to bump the cost up an additional 10 or more cents.:mad: Ya boy....inflation will be contained...:suspicious:
Click to expand...

OK now their going to have to fight it out! Who will win, the Iran thing or Oil inventories down? I guess we will see later on today, might FLATLINE THE RALLY, but I really don't know!!:confused:
 
$64.57 -.07 at 10:51 heading up:mad:
http://www.nymex.com/lsco_fut_condet.aspx?product=CL&month=May&cmonth=K&year=7&currPrev=C
AP
Oil Prices Slip, but Stay Above $64
Wednesday April 4, 11:12 am ET
By Madlen Read, AP Business Writer

Oil Prices Slip on Upcoming Release of British Sailors, but Supported by Gasoline Stock Drop


NEW YORK (AP) -- Crude oil prices slipped Wednesday after Iran said it would release the 15 British sailors it's been holding captive, but hovered above $64 a barrel after the U.S. government reported a huge drop in gasoline stockpiles.
http://biz.yahoo.com/ap/070404/oil_prices.html?.v=10
 
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$64.57 +.19 at 09:41:o

http://www.nymex.com/lsco_fut_condet.aspx?product=CL&month=May&cmonth=K&year=7&currPrev=C
Oil prices steady on offsetting factors

Iran resolution eases pressure on crude prices, but steep drop in U.S. gasoline inventories pushes oil up.

April 5 2007: 7:18 AM EDT


LONDON (Reuters) -- Oil prices rose on Thursday, drawing support from a big drop in U.S. gasoline stocks that offset the impact of oil producer Iran's release of 15 British sailors and marines.
U.S. light crude for May delivery was 6 cents higher at $64.44 a barrel, while London Brent crude was up 15 cents at $68.55.
http://money.cnn.com/2007/04/05/markets/bc.markets.oil.reut/index.htm?postversion=2007040507
 
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