Oil Slick Stuff

Sort by newest Sort by date
06/04/2010 - Updated 9:18 AM ET
1.gif

Crude oil futures slide as jobs report disappoints
1.gif

By Nick Godt, MarketWatch

NEW YORK (MarketWatch) -- Crude oil futures fell nearly 2% and gold fell 0.6% Friday after the government said the U.S. economy added 431,000 jobs in May, but most of the gains were temporary and private-sector hiring remained very weak.
Crude oil futures for July delivery fell $1.58, or 2.1%, to $73.03 a barrel. Gold for August dropped $7, or 0.6%, to $1,203.10 an ounce.
http://markets.usatoday.com/custom/...S&guid={19732BEF-E4F8-423F-8623-FDED47A3207C}
 
Last edited:
nnuut said:
Soon they will turn off the 4 vents that are releasing Oil and try this thing out, keep your fingers crossed.:worried:

BP may learn Friday how effective the new cap it placed on the ruptured undersea well is in slowing down the largest oil spill in U.S. history.
http://www.cnn.com/SPECIALS/2010/gulf.coast.oil.spill/?hpt=T1
Click to expand...
Ah..I was wondering why all the oil was spewing yet..I didn't realize they were pressure relieving (venting) while they fitted the cap..makes sense now..thanks Norm for the up-date.
 
Buster said:
Ah..I was wondering why all the oil was spewing yet..I didn't realize they were pressure relieving (venting) while they fitted the cap..makes sense now..thanks Norm for the up-date.
Click to expand...
They didn't tell anyone that fact until today, that would have been one of the first things I would have broudcasted if it was me!:nuts:
 
06/04/2010 - Updated 10:28 AM
1.gif
Crude futures slide back toward $73; jobs report disappoints
1.gif

By Nick Godt, MarketWatch

SAN FRANCISCO (MarketWatch) -- Crude-oil futures fell more than 2% on Friday as a much-awaited report on jobs and hiring in the U.S. underwhelmed the market and, coupled with more bad news from Europe, raised the odds of a double-dip recession.
Crude for July delivery fell $1.56, or 2.1%, to $73.06 a barrel on the New York Mercantile Exchange. On the week, prices have lost 1.2%.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7B19732BEF%2DE4F8%2D423F%2D8623%2DFDED47A3207C%7D
 
Last edited:
BP says oil flowing from ruptured well to ship on Gulf surface
Video
The situation in the Gulf is dire, and so far, there's no end in sight. Anderson Cooper reports live from the region as BP continues to try to stop the leak. For the latest, watch "AC360°" tonight at 10 ET on CNN.
Venice, Louisiana (CNN) -- On day 46 of the Gulf of Mexico oil spill, BP, at last, began to siphon oil Friday from the ruptured undersea well to the surface, where it was flowing onto the awaiting drill ship Discover Enterprise.
http://www.cnn.com/2010/US/06/04/gulf.oil.spill/index.html?hpt=T1
 
Last edited:
06/04/2010 - Updated 1:11 PM ET
1.gif

Crude slides further as jobs report disappoints, dollar rises
1.gif

By Claudia AssisMarketWatch, Nick Godt, MarketWatch

SAN FRANCISCO (MarketWatch) -- Crude-oil futures fell more than 3% Friday as a much-anticipated report on jobs underwhelmed the market and, coupled with new fears about Europe's economy, brought back talk of a double-dip recession.
Crude for July delivery fell $2.43, or 3.2%, to $72.19 a barrel on the New York Mercantile Exchange. Losses accelerated for oil and other energy products as the stock market fell further and the euro sank below $1.20.
http://markets.usatoday.com/custom/...S&guid={19732BEF-E4F8-423F-8623-FDED47A3207C}
 
Last edited:
06/04/2010 - Updated 3:19 PM ET
1.gif
Crude drops 4.1%; largest single-day loss since February In contrast, natural-gas futures have best week since December
1.gif

By Claudia AssisMarketWatch, Nick Godt, MarketWatch

SAN FRANCISCO (MarketWatch) -- Crude-oil futures fell 4.1% Friday, their largest single-day drop since Feb. 4, as a much-anticipated jobs report disappointed and new worries about Europe raised fears of a double-dip recession. [more
http://markets.usatoday.com/custom/...S&guid={19732BEF-E4F8-423F-8623-FDED47A3207C}
 
06/06/2010 - Updated 10:29 PM ET
1.gif
Oil futures trade near a two-week low under $70
1.gif
By Myra P. Saefong, MarketWatch

TOKYO (MarketWatch) -- Crude-oil futures fell below $70 per barrel in electronic trading on Globex Monday morning in Asia, extending last week's hefty decline as traders fretted about the prospects for oil demand after disappointing U.S. economic data and amid fresh European debt concerns.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7BFAAC639B%2DB41E%2D4F3B%2D893F%2DEABBD2B8DDD6%7D
 
Last edited:
06/07/2010 - Updated 8:36 AM ET
1.gif

Crude futures recover, back above $71
1.gif

By Myra P. Saefong, MarketWatch

NEW YORK (MarketWatch) -- Crude-oil futures edged up Monday after sustaining a hefty decline last week as traders fretted about demand prospects in the fallout from disappointing U.S. economic data while also considering renewed European debt concerns. [more]
http://markets.usatoday.com/custom/...S&guid={FAAC639B-B41E-4F3B-893F-EABBD2B8DDD6}
 
Gas as low as $2.34 around here.:D
do I here $1.99, going once going twice??? gaspump2.gif
 
nnuut said:
The world is going broke and can't afford to go anywhere or buy anything! Supply and Demand!!:cool:
Click to expand...

nnuut: Everyone needs a vacation.

Not everyone owns their own pool.
You can just walk out into your backyard and your on vacation.

What a life.;)
 
Might go take a dip right now, it's too hot to work outside but not to float around in the pool with a cool one!!:D ahamock.gif
 
You must log in or register to reply here.
Back
Top