Oil Slick Stuff

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Down she goes along with the Market!!:mad:

09/11/2009 - Updated 12:52 PM ET
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Oil drops 3% to below $70 as demand concerns weigh
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By Moming Zhou, MarketWatch & Polya Lesova, MarketWatch

NEW YORK (MarketWatch) -- Crude-oil futures tumbled Friday below $70 a barrel, falling for the first session in five as concerns about weak demand pressured prices and China said crude imports for last month dropped from July's record high.
U.S. government data on Thursday showed that demand for gasoline and other petroleum products fell last week, resulting in a big buildup in fuel inventories. China's crude imports fell nearly 6% from a month ago, the latest customs data showed.
http://markets.usatoday.com/custom/...S&guid={F2AC0C57-6554-4BD4-B54E-7607673EFD6C}
 
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Working late again tonight (12 hour days and weekends, over 100 hours OT this P/P):o

OIL tanked a little this week..thats good, but S fund finished on a high note and even a little greener today..so Life is good :D
 
Buster said:
Working late again tonight (12 hour days and weekends, over 100 hours OT this P/P):o

OIL tanked a little this week..thats good, but S fund finished on a high note and even a little greener today..so Life is good :D
Click to expand...
Like I always say>>>>> WHEN ITS GOOD, ITS GOOD!!:D 23_28_125.gif
 
Buster said:
Norm must be sick or slacking....:D

But stocks are up nicely..
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Not sick but slacking, have a TDY next week, be gone to Delaware for 3 days, lots of preparation!! Busy Busy, but had time to update the Oil SLICK Stuff Home Page 5 times!! Almost end of the day I'm out of here in 4 minutes, Market Lookin' GOOD!!!:D
 
09/14/2009 - Updated 4:16 PM ET
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Oil falls as dollar firms on China-U.S. trade spatNatural gas jumps 11.5%; gas ETF will issue new shares
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By Polya Lesova, MarketWatch & Nick Godt, MarketWatch

NEW YORK (MarketWatch) -- Oil futures finished below $69 a barrel Monday, as a trade row between China and the United States raised concerns about the global economy.
Crude for October delivery dropped 43 cents, or 0.7%, to finish at $68.86 a barrel on the New York Mercantile Exchange. Oil futures tumbled nearly 4% Friday, but crude still ended last week up 1.9%. [more]
http://markets.usatoday.com/custom/...S&guid={1034579E-89F3-4BC3-AF24-08AB3694BC81}
 
hmm, new shares, eh? maybe its time once UNG shows its at a discount again, instead of 20% premium. with all the recent UNG/commod. position limits hijinks tho, think I'll still look harder at NG producers and pipelines and utils before I go for the ETF.
 
Sounds like a plan!!!A
Really busy again today---DUTY CALLS what can I say?:embarrest:

09/15/2009 - Updated 9:41 AM ET
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Crude-oil futures up 1% on economic hopesNatural gas continues its recent surge
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By Nick Godt, MarketWatch

NEW YORK (MarketWatch) -- Crude-oil futures gained more than 1% on Tuesday, with hopes that the U.S. economy is emerging out of recession boosted after the government reported retail sales jumped a better-than-expected 2.7% in August.
Separate reports showed manufacturing in the New York region improved in September, while U.S. producer prices were up 1.7% last month.
http://markets.usatoday.com/custom/...S&guid={79DA8ECD-DCF5-4CF4-A573-28B880DE1496}
 
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Oil jumps 3%

Rise in retail sales and producer prices boost crude prices.

Last Updated: September 15, 2009: 3:10 PM ET

Click the chart to view other commodity prices.
Gasoline prices and taxes by state


Prices at the pump can vary widely among states, due in large part to vastly different levels of gasoline tax. More

LONDON (Reuters) -- Oil jumped more than 3% to top $70 a barrel Tuesday after data showing improving U.S. retail sales and producer prices outweighed concerns about growing U.S. distillate inventories.

U.S. retail sales rose at the fastest pace in 3-1/2 years in August and New York State manufacturing activity hit a near two-year high, data showed, more signs that economic activity was improving.
http://money.cnn.com/2009/09/15/markets/oil.reut/index.htm?postversion=2009091515
 
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09/16/2009 - Updated 9:53 AM ET
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Crude-oil futures rise ahead of inventory data
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By Nick Godt, MarketWatch

NEW YORK (MarketWatch) -- Crude-oil futures were higher on Wednesday, with a weaker dollar tempering concerns about high supplies ahead of the government's weekly report of inventories.
Crude oil for October delivery was up 14 cents a barrel, or 0.2%, to $71.07 a barrel on the New York Mercantile Exchange.
http://markets.usatoday.com/custom/...S&guid={9EF69EB4-3E2C-4700-8BD3-8C473130E2AB}
 
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Market Update

10:30 am : October crude oil traded lower for most of the overnight session. At the open of pit trading, crude popped into positive territory to new session highs of $71.42 per barrel, but has since moved back in the red ahead of weekly inventory data, down 0.4% at $70.67 per barrel. Following the data, which showed a draw of 4729K vs. consensus of 2500K, crude spiked to fresh highs of $71.60, up 0.6%.
http://finance.yahoo.com/marketupdate/overview?u
 
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