Oil Slick Stuff

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11/08/2010 - Updated 1:13 PM ET
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7B10FF9088%2DEB41%2D11DF%2DA9C2%2D002128040CF6%7D
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Crude futures stumble back to a loss
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By Wallace Witkowski, MarketWatch & Nick Godt, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures staggered between slight losses and gains Monday as the commodity dealt with a stronger dollar and a recent rally in prices.
Crude oil for December delivery [CLZ10] fell 34 cents, or 0.4%, to $86.51 a barrel, having bounced between an intraday low of $85.96 and an intraday high of $87.59 during the session.
 
nnuut said:
11/08/2010 - Updated 1:13 PM ET
http://markets.usatoday.com/custom/...S&guid={10FF9088-EB41-11DF-A9C2-002128040CF6}
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Crude futures stumble back to a loss
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By Wallace Witkowski, MarketWatch & Nick Godt, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures staggered between slight losses and gains Monday as the commodity dealt with a stronger dollar and a recent rally in prices.
Crude oil for December delivery [CLZ10] fell 34 cents, or 0.4%, to $86.51 a barrel, having bounced between an intraday low of $85.96 and an intraday high of $87.59 during the session.
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Norm..I have to admit..I MISS your daily, if even the semi-daily crude price updates..:(
 
Buster said:
Norm..I have to admit..I MISS your daily, if even the semi-daily crude price updates..:(
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Well,,,, it was something I had to update about 7 times a day, it seemed to me hardly anyone was interested in the data and the trends, there were a few that checked it out daily but not many, so after about 4 years I finally stopped due to lack of interest. I still think that it's really a great tool even for predicting Market Direction. I think they will be really interested when Oil reaches $140 a Barrel again, and it looks like it's going that way due to the Poor Dollar catching HELL from the FED. Guess I just got LAZY?:laugh:
 
Powerwave Technology Enhances Oil Field Recovery
Rigzone Staff
|
Tuesday, November 09, 2010

Edmonton-based Wavefront Technology Solutions Inc., which designs solutions for oil well stimulation and secondary oil recovery, reports that its Powerwave technology has improved recovery from existing oil fields by up to 20 percent and increased the lifetimes of existing wells by over 10 years. [more]
http://www.rigzone.com/news/article.asp?hpf=1&a_id=101070
 
11/10/2010 - Updated 10:04 AM ET
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Oil futures hold on to tenuous gainsAll eyes on Energy Department inventories data later Wednesday
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By Claudia Assis, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures edged higher Wednesday, defying a stronger dollar as a trade group reported a much larger-than-expected drop in inventories and traders awaited to hear official supply word from the government.http://markets.usatoday.com/custom/...S&guid={C6173514-ECD8-11DF-A9C2-002128040CF6}
 
11/11/2010 - Updated 3:34 PM ET
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Oil flat as dollar balances growing demand
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By Claudia Assis, MarketWatch & Nick Godt, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures ended a meandering Thursday right back where they left off, at once feeling the pinch of a rising dollar, cheering Chinese refining data, and still basking in the glow of a surprise decline in inventories earlier in the week.
Crude oil for December delivery [CLZ10] ended flat at $87.81 a barrel on the New York Mercantile Exchange. http://markets.usatoday.com/custom/...-11DF-A9C2-002128040CF6}&loc=interstitialskip
 
I can't imagine why the price of Oil/Gas are on the rise, can you?:worried:

Nov. 12, 2010, 4:53 a.m. EST
Drilling challenges slowly reshape oil exploration

BP oil spill prompts new regulations for drillers

By Myra P. Saefong, MarketWatch

TOKYO (MarketWatch) — More than six months after the Deepwater Horizon drilling rig sank, resulting in an estimated release of nearly 5 million barrels of crude oil into the Gulf of Mexico, regulations have tightened and the industry is just getting a taste of the potential changes and challenges ahead. [more]
http://www.marketwatch.com/story/dr...pe-oil-exploration-2010-11-12?dist=beforebell
 
nnuut said:
I can't imagine why the price of Oil/Gas are on the rise, can you?:worried:

Nov. 12, 2010, 4:53 a.m. EST
Drilling challenges slowly reshape oil exploration

BP oil spill prompts new regulations for drillers

By Myra P. Saefong, MarketWatch

TOKYO (MarketWatch) — More than six months after the Deepwater Horizon drilling rig sank, resulting in an estimated release of nearly 5 million barrels of crude oil into the Gulf of Mexico, regulations have tightened and the industry is just getting a taste of the potential changes and challenges ahead. [more]
http://www.marketwatch.com/story/dr...pe-oil-exploration-2010-11-12?dist=beforebell
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Although I am in complete agreement with tighter regulations and drilling rules and safeguards to prevent another BP like mishap..but not to the point of forcing the industry to Brazil and then we send them support money for their exploration efforts..there has to be a middle ground somewhere...let's not choke them to death.:worried:
 
Buster said:
Although I am in complete agreement with tighter regulations and drilling rules and safeguards to prevent another BP like mishap..but not to the point of forcing the industry to Brazil and then we send them support money for their exploration efforts..there has to be a middle ground somewhere...let's not choke them to death.:worried:
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It is all part of the plan!:nuts:
 
11/12/2010 - Updated 9:43 AM ET
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Crude oil slumps on concerns over China
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By Nick Godt, MarketWatch

NEW YORK (MarketWatch) — Crude-oil futures slumped Friday, tracking a broad move lower in global equities and commodities, as investors’ concerns mounted that China may tighten lending conditions to tame inflationary pressures.
Crude for December delivery [CLZ10] recently fell $1.22, or 1.4%, to stand at $86.61 a barrel.
http://markets.usatoday.com/custom/...-11DF-A3D2-00212804637C}&loc=interstitialskip
 
11/15/2010 - Updated 9:31 AM ET
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Oil futures rise as bargain hunters step in
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By Laura Mandaro, MarketWatch

NEW YORK (MarketWatch) — Oil futures recovered a bit Monday after the prior session’s sharp selloff, finding some support from a slate of mergers that also lifted U.S. equities.
Oil for December delivery [CLZ10] traded up 34 cents, or 0.4%, to $85.22 a barrel on the New York Mercantile Exchange. [more]
http://markets.usatoday.com/custom/...-11DF-A4C6-00212804637C}&loc=interstitialskip
 
And we wonder why the price of energy is on the rise!:nuts:

Musings: Future of the Gulf of Mexico Oil & Gas Industry
by G. Allen Brooks


EXCERPT:
The general consensus from these sessions was that the world of offshore oil and gas has changed and will never return to the way it was in the past. As a result, industry participants will need to be open to making organizational and operational changes in how they conduct their business in the future.
http://www.rigzone.com/news/article.asp?a_id=101257&hmpn=1
 
11/16/2010 - Updated 10:48 AM ET
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Crude oil falls on dollar, weaker equities
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By Claudia Assis, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures traded at a two-week low Tuesday, hit by a combination of a rising dollar, weaker equities and reports that China would announce price controls amid inflation jitters.
Crude for December delivery [CLZ10] declined $1.71, or 2%, to $83.18 a barrel on the New York Mercantile Exchange. The contract expires at the end of trading day Tuesday. http://markets.usatoday.com/custom/...S&guid={C9C15E68-F18F-11DF-A4C6-00212804637C}
 
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