crude oil

Posted on May 2, 2008, 11:00 amby admin
best video: crude oil
lowered its estimate for worldwide oil demand. Also pushing down crude prices Tuesday: a key OPEC member left open the possibility that the oil cartel will increase output
An educational film about crude oil, set in Faringdon and presented by Joseph Couves with guest appearance from Prof. Philip Laird...crude oil science faringdon joe
formations are telling us about crude oil. Get more of these videos: http://GannGlobal.com...crude oil trading futures trade commodities bull
DOW hit record highs and then plunges 10% in just 21 days. Crude oil soars to over $84.00 a barrel and Gold trades at levels it hasn'
Has Crude Oil and the Energy Complex made a final top? We look at this question and the implications of history as we give our forecast for crude oil
for crude oil, India's oil Minister Murli Deora indicated that that the government could raise domestic fuel rates or cut duties to ease losses at state-run oil
Life is going on EPISODE I...Btc crude oil pipeline ipt1 maras geben andirin
Can You Learn To Trade Crude Oil In 90 Seconds?
A Crude Awakening - The Oil Crash

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The most popular links about crude oil (by google opininon):

Oil Price May Go Up to 250, Warn Experts - Arab News

A Bloomberg report also quoted information provider Global Insight as projecting that crude oil could peak in the US at 135 a barrel in the next two months ...OPEC Officials Say Speculation Leads oil Price Rally Update3 Bloomberg
http://www.arabnews.com/?page=6§ion=0&article=109522&d=2&m=5&y=2008

Oil prices slide as the dollar extends gains

Another jump in the dollar and the end of an oil workers' strike in Nigeria sent crude prices falling Thursday as speculators who drove crude futures to nearly 120 pulled out of the market. Retail gas prices, meanwhile, rose to a new record above 3.62 a gallon. The dollar's rise against the euro and other currencies stripped away some of oil's appeal to investors who have been betting for months that the greenback would continue to falter. When the greenback gains ground, commodities such as o
http://www.getmarketnews.com/2008/05/02/oil-prices-slide-as-the-dollar-extends-gains.html

Crude oil prices fall as dollar's value rises San Jose Mercury News

NEW YORK - Another jump in the dollar and the end of an oil workers strike in Nigeria sent crude prices falling Thursday as speculators who drove crude futures to nearly 120 pulled out of the market.
http://www.mercurynews.com/ci_9129337?source=rss

Iran dumps U.S. dollars in oil transactions

Iran had totally removed U.S. dollars in the country??s oil transactions, an oil Ministry official said on Wednesday.???The dollar has completely been removed from our oil trade??.Crude oil customers have agreed with us to use other currencies in the trade,??? oil Ministry official Hojjatollah Ghanimifard was quoted as saying by the state television.
http://waronyou.com/2008/04/iran-dumps-us-dollars-in-oil-transactions/

crude oil

Vial of crude oil crude oil is a naturally occurring liquid composed mostly of hydrogen and carbon. It is usually found underground but can also be found ...
http://www.mms.gov/alaska/kids/shorts/crude/crude.htm

Petroleum - Wikipedia, the free encyclopedia

Petroleum Latin Petroleum f. Latin petra f. Greek ??????? - rock + Latin oleum f. Greek ????????? - oil or crude oil is a naturally occurring, flammable liquid found in ...
http://en.wikipedia.org/wiki/Crude_oil

EIA - Petroleum Data, Reports, Analysis, Surveys

Petroleum prices, supply and demand information from the Energy Information Administration - EIA - Official Energy Statistics from the U.S.
http://www.eia.doe.gov/oil_gas/petroleum/info_glance/petroleum.html

Oil Falls as Dollar Gain Causes Investors to Sell Commodities - Bloomberg

By Christian Schmollinger May 2 Bloomberg -- crude oil fell for a fourth day as the dollar rose against most currencies, limiting the appeal of ...Oil prices slip as dollar finds footing AFP
http://www.bloomberg.com/apps/news?pid=20601087&sid=aEDCjmTMfhUs&refer=home

U.S. Dollar Rally Not Based on Fundamentals

"Commodities fell the most in six weeks as a rally in the dollar eroded demand for energy, metals, crops and livestock as alternative investments," reports Bloomberg. We take issue not with the facts-commodity prices have fallen-but with the analysis. The price of energy, metals, crops, and livestock are rising because the supply of those things is rising less fast than the supply of dollars and U.S. government debt. The Bloomberg analysis casually suggests that investors rotate their portfo
http://www.dailyreckoning.com.au/us-dollar-rally/2008/05/02/

Crude Oil Falls Below 111 Nasdaq

RTTNews - oil declined further on Thursday in U.S. trading and fell below the 111 a barrel mark. Light sweet crude for June delivery moved to 110.98, down 2.48 on the session. Prices touched as low as 110.46, its lowest mark since April 14.
http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20080501ACQRTT200805011151RTTRADERUSEQUITY_1022.htm&&mypage=newsheadlines&title=Crude Oil Falls Below 111

That Big Brazilian Oil Discovery? Hogwash!

T. Boone Pickens, Jr., the ???Oracle of Oil,??? talked to Bloomberg??s Rhonda Schaffler yesterday and said the price of crude oil may rise to 125 to 150 a barrel later in 2008, while the potential Brazilian discovery would not make much of an impact on the market.
http://bizzlo.com/story.php?StoryId=767

Crude - the incredible journey of oil - Broadband edition - ABC ...

From the food on our tables to the fuel in our cars, crude oil seeps invisibly into almost every part of our modern lives. It is the energy source and raw ...
http://www.abc.net.au/science/crude/

Crude Oil - Canadian Association of Petroleum Producers

Canadian Association of Petroleum Producers CAPP represents companies that explore for, develop, and produce natural gas, crude oil, oil sands, bitumen and sulphur.
http://www.capp.ca/default.asp?V_DOC_ID=689

Oil.com - Worldnews Network

Oil & Energy News updated throughout each day ... Indian oil Cos Sign Agreements For oil Blocks In Yemen Rig Zone ...
http://www.oil.com/

Soaring global crude oil price widens trade deficit - Economic Times

1 May, 2008, 1812 hrs IST, PTI NEW DELHI: Soaring crude oil prices have resulted into ballooning of India&39s trade deficit by over 61 per cent in March, ...India&39s trade deficit widens on soaring crude prices AFP
http://economictimes.indiatimes.com/Economy/Soaring_oil_price_widens_trade_gap/articleshow/3002245.cms

Should We Start Hoarding Euros?

As someone who makes enough money trading online, I know for a fact that any currency traded against the Euro pretty much gives you considerable wealth within weeks of your trade. Lucky for people who trade in the thousands I only trade in tips. In the idea that Euro is almost twice the Dollar, and with America constantly reducing rates to protect its currency, is there an alarm clock going off inside our heads that maybe we should start trading our money in Euros, or at that, exchanging our D
http://www.paolomendoza.com/2008/05/should-we-start-hoarding-euros.html

Crude Oil Rises as Turkey Attacks Kurdish Rebels, Dollar Slides Bloomberg.com

May 2 Bloomberg -- crude oil rose for the first day in four as Turkey renewed its offensive against Kurdish rebels in Iraq, holder of the world's third-biggest oil reserves.
http://www.bloomberg.com/apps/news?pid=20601100&sid=acOLpjirIMwM

Crude Oil News - April 27, 2008

Europe's second-biggest oil producer, will close the North Sea Forties Pipeline System today because of a strike at a refinery in Scotland, cutting U.K. oil production by 40 percent.
http://equitynewsandrumour.blogspot.com/2008/04/crude-oil-news.html

OILNERGY: spot prices, cash petroleum, gasoline price, North Sea ...

Table, All Crudes, Brent Crude, Heating Oil, Gasoline, Natural Gas, Address, Home ... and service to a "filtered" group of oil and gas personnel who are ...
http://www.oilnergy.com/1cashpet.htm

Crude Oil Futures Prices - NYMEX

Daily crude oil Futures Prices - NYMEX ... crude oil began futures trading on the NYMEX in 1983 and is the most heavily traded commodity. ...
http://www.wtrg.com/daily/crudeoilprice.html

Howstuffworks "How Oil Refining Works"

Animated multi-part detailed unbiased tutorial examines the chemistry and technology involved in refining crude oil to produce many products.
http://www.howstuffworks.com/oil-refining.htm

Crude oil slides as US dollar recovers - Vancouver Sun

Crude oil slid 94 cents to 112.52 US a barrel for the June contract. Gold shed 14.20, or 1.6 per cent, to 850.90 US as the US dollar continued its ...TSX slowed by oil, gold stocks TheChronicleHerald.ca
http://www.canada.com/vancouversun/news/business/story.html?id=96cc4536-4a59-4140-81b8-cd611f63a56f

Oil slips to USD 112.52 a barrel

oil prices plunged on Thursday May 1 as the dollar strengthened, reducing commodities` appeal as an investment alternative. Light sweet crude for June delivery fell 94 cents, to settle at USD 112.52 a barrel on the New York Mercantile Exchange NYMEX. June gasoline futures fell 2.81 cents, to settle at USD 2.8782 a gallon. The retail gas prices rose 0.6 cents overnight, to a record of USD 3.623 a gallon. June heating oil futures fell 4.03 cents, to settle at...
http://www.myiris.com/rss_index.php?fileR=2008/05/02/20080502065404173

Crude Oil Declines a Third Day as Dollar Climbs to 5-Week High Bloomberg.com

May 1 Bloomberg -- crude oil fell for a third day as the dollar rose to a five-week high against the euro, limiting investors' need to buy commodities as a currency hedge.
http://www.bloomberg.com/apps/news?pid=20601086&sid=a1BqBh9sczOQ

Brazil Has Huge Oil Reserves But Not How to Reach Them

The Brazilian plan to make Brazil one of the world's biggest oil exporters hinges on exploiting crude 6 miles below the ocean surface in deposits so hot they can melt the metal used to carry uranium to nuclear plants, reports Bloomberg.
http://www.brazzilmag.com/content/view/9280/

NYMEX.com: Light Sweet Crude Oil

Crude oil is the world&39s most actively traded commodity, and the NYMEX Division light, sweet crude oil futures contract is the world&39s most liquid forum for ...
http://www.nymex.com/lsco_pre_agree.aspx

Bloomberg.com: Energy

Provides a daily overview of the world petroleum and natural gas energy markets.
http://www.bloomberg.com/energy

History and Analysis -Crude Oil Prices

A discussion of crude oil prices, the relationship between prices and rig count, the recent decline in ...
http://www.wtrg.com/prices.htm

Crude Oil Rebounds as Turkey Attacks Kurdish Militants in Iraq - Bloomberg

By Grant Smith May 2 Bloomberg -- crude oil rebounded to trade little changed as Turkish warplanes attacked suspected positions of the militant Kurdish ...Crude oil futures trade higher on supply concern Myiris.com
http://www.bloomberg.com/apps/news?pid=20601116&sid=aLQvbdlEFSmw&refer=africa

Air travel set to become costlier

New Delhi: Domestic air travel is all set to become dearer. With the crude oil prices touching 120 a barrel and Aviation Turbine Fuel ATF prices shooting up, airlines have announced that the fuel surcharge per ticket will increase by Rs.150 for short-haul flights and by Rs.350 for long-haul flights. India??s largest private airlines, Jet Airways, and the no-frills airline SpiceJet have already announced the hike in fuel surcharge. Public sector carrier Air India is also mulling over a hike in
http://avindia.blogspot.com/2008/05/air-travel-set-to-become-costlier.html

Release of crude oil in Ventura reported Ventura County Star

An estimated 10,000 barrels of crude oil were released at a storage tank in Ventura on April 24, causing an odor in the city but no visible impact to the surrounding environment, authorities said Thursday.
http://venturacountystar.com/news/2008/may/02/release-crude-oil-ventura-reported/?partner=yahoo_headlines

Oil prices dive on healthy US crude reserves

Oil prices tumbled lower on Wednesday as traders reacted to buoyant US crude inventories and awaited an interest rate decision from the Federal Reserve, analysts said.Prices had already erased more than three dollars on Tuesday as the US currency recovered and because of easing concerns over tight energy supplies, they added.
http://www.madeinusanews.com/content/view/532/

GAO-07-283 Crude Oil: Uncertainty about Future Oil Supply Makes It ...

File Format: PDF/Adobe Acrobat - View as HTMLFigure 2: World crude oil and Other Liquids Production, 1965-2005 ..... the prices of products made from crude oil, including gasoline, diesel, ...
http://www.gao.gov/new.items/d07283.pdf

nonrenewable - OIL/Petroleum

Petroleum Oil ... crude oil is Made into Different Fuels - like gasoline, diesel, and propane ... crude oil is measured in barrels abbreviated "bbls" ...
http://www.eia.doe.gov/kids/energyfacts/sources/non-renewable/oil.html

WTRG Economics -OPEC, crude oil, natural gas, analysis, forecasts ...

Oil and gas consulting. oil price and OPEC history pages, forecasts of crude oil prices, rotary rig count and workover rig count...
http://www.wtrg.com/

Gas prices to soar on tax hike, rising crude - The Daily Yomiuri

Retail gasoline prices also faced upward pressure from rising crude oil prices during April. Now that the gasoline tax rate has been restored to its ...You Have Been Robbed At Gas Pumps HULIQ press release
http://www.yomiuri.co.jp/dy/business/20080502TDY03103.htm

Wall Street Rumors - May 1, 2008

Daily Rumors Covering the Global Markets. Subscribe to the Daily Rumors Update Here. Exxon??s 10.89 Billion Net Disappoints Investors, Fuels Gathering Political Storm Exxon Mobil Corp.??s NYSE:XOM 10.89 billion first-quarter profit report Thursday ranks as one of the biggest hauls in U.S. corporate history. But the results disappointed Wall Street and added to concerns about the future of the industry. Toyota, Honda Cars Help Asian Brands Defy U.S. Slump Sales gains for Toyota Motor Corp.
http://www.investortrip.com/wall-street-rumors-may-1-2008/

Crude oil prices return to gains Thursday UPI

NEW YORK, May 1 UPI -- crude oil prices rose slightly to more than 113 a barrel in overnight trading after a fall Wednesday when the the U.S. Federal Reserve cut a key lending rate.
http://www.upi.com/NewsTrack/Business/2008/05/01/crude_oil_prices_return_to_gains_thursday/7774/

Finally, proof the Saudis are lying about their oil capacity

Saudi Arabia is the world??s leading petroleum exporter. 'Officially', it has reserves of about 260 billion barrels of crude oil -- approximately 24% of the world??s total proven petroleum reserves. But Saudi Arabia has a problem. And it??s the same one that every oil-producing nation will face someday: Its oil wells are drying up.
http://www.contrarianprofits.com/articles/where-will-tomorrow%e2%80%99s-oil-come-from/

Light Crude Oil CL, NYMEX: Monthly Price Chart

Light crude oil CL, NYMEX - free financial charts and quotes provided courtesy of TradingCharts.com - following hundreds of commodities and thousands of ...
http://futures.tradingcharts.com/chart/CO/M

This Week In Petroleum Crude Oil Section

U.S. crude oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration U.S. Dept. of Energy
http://tonto.eia.doe.gov/oog/info/twip/twip_crude.html

Crude Oil

Crude oil News and analysis on oil, petrol prices, fuel, diesel and energy consumption. Latest news stories on OPEC, offshore drilling, ...
http://www.crudeoil.com/

Oil back above 113 on Turkish raids - Reuters South Africa

"We expect that this recent reversal of fortunes for crude oil prices may continue to hold for a few more weeks at least, with great volatility, ...Oil remains lower on firm dollar, easing supply fears UPDATE Forbes
http://africa.reuters.com/wire/news/usnBAN236149.html

Cleanup in closing stages at site of pipeline leak near Smith, Alta. Pipeline-Leak

SMITH, Alta. _ The Energy Resources Conservation Board says there appears to be no impact on river banks or wildlife from a leak at a crude oil effluent pipeline.The pipeline involved is licensed to Penn West near the Otauwau River, 40 kilometres west of Smith, Alta.The leak of between 60 and 125 barrels of material was discovered Wednesday morning.A containment and recovery boom was deployed on the Lesser Slave River and was in operation for several hours before its removal due to high waters a
http://www.oilweek.com/news.asp?ID=15801

Crude Oil Rebounds as Turkey Attacks Kurdish Militants in Iraq Bloomberg.com

May 2 Bloomberg -- crude oil rebounded to trade little changed as Turkish warplanes attacked suspected positions of the militant Kurdish Workers' Party in Iraq, holder of the world's third-biggest oil reserves.
http://www.bloomberg.com/apps/news?pid=20601085&sid=aLQvbdlEFSmw

Oil Pipeline On Strike

Crude oil is waving within a sensitive gulf area and its price is ready for extra speedy moves similar to Friday??s one where 4/bl soared on US naval warning during US session. The Friday strong reversal in energy prices was prompted by reports that US navy fired warning shots 2 Iranian boats. Funny as may sound, a warning shot costs the barrel a
http://www.fxblog.in/oil-pipeline-on-strike.html

This Week In Petroleum Crude Oil Section

US crude oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration US Dept. of Energy
http://tonto.eia.doe.gov/oog/info/twip/twip_crude.html

Crude oil assay - Wikipedia, the free encyclopedia

A crude oil assay is essentially the chemical evaluation of crude oil feedstocks by petroleum testing laboratories. Each crude oil type has unique molecular, chemical ...
http://en.wikipedia.org/wiki/Crude_oil_assay

Crude Oil Formed

Where Does crude oil Come from ... crude oil Production ...
http://www.crudeoilproducts.com/Crude-Oil-Formed.shtml

Apache profit soars with crude - Houston Chronicle

About half of Apache&39s production is oil. crude oil traded in New York averaged 97.82 a barrel during the quarter. Natural gas averaged 8.74 per million ...WRAPUP 1-Apache, Williams and Noble Energy see higher profits Reuters UK
http://www.chron.com/disp/story.mpl/business/energy/5747963.html

Oil prices fall to near US112 as US dollar strengthens and investors exit market Oil-Prices

SINGAPORE _ oil prices retreated further Friday from the early-week record near US120 a barrel as a strengthening U.S. dollar prompted investors to exit the market.As the greenback has recovered this week against the euro and yen, the front-month crude futures contract on the New York Mercantile Exchange has dropped nearly US8 from its high to benchmark oil`s lowest level since April 14.The rise of the dollar has stripped away some of oil`s appeal to investors who have been betting that the gr
http://www.oilweek.com/news.asp?ID=15802

India Fiscal Year '08 Oil Product Consumption Up 7% Crude Imports Up 9.1% Nasdaq

NEW DELHI -Dow Jones- India's annual consumption of petroleum products rose 7% in the fiscal year ended March 31, with crude oil imports up 9.1% to 2.44 million barrels a day, official data showed Friday.
http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20080502ACQDJON200805020515DOWJONESDJONLINE000377.htm&&mypage=newsheadlines&title=India Fiscal Year &03908 Oil Product Consumption Up 7% Crude Imports Up 9.1%

Where Are The US Oil Reserves?

When the price of crude oil rises too high, the United States has strategic petroleum reserves that it can release to the market to help stabilize the economy. Why then, have reserves not been released? More importantly, why is the federal government still buying crude and ADDING to the reserves when the price of oil is at an ALL TIME HIGH?
http://www.gregpalast.com/let-our-oil-go/

Howstuffworks "How Oil Refining Works"

Crude oil is the term for "unprocessed" oil, the stuff that comes out of the ground. ... crude oil is a fossil fuel, meaning that it was made naturally from ...
http://science.howstuffworks.com/oil-refining1.htm

New York Mercantile Exchange

login. link. latest. Light,Sweet crude OilCL Please select one of the ... Products NYMEX SPAN Files NYMEX crude oil MACI Index Dubai Mercantile Exchange ...
http://www.nymex.com/

Murphy Oil 1Q profit soars, boosted by high crude oil prices

Oil and natural gas company Murphy oil Corp. said Wednesday its first-quarter profit soared, fueled by higher crude oil prices and sales volumes.
http://www.forbes.com/feeds/ap/2008/04/30/ap4955574.html

Technical analysis for crude oil - 5/2/2008 - International Business Times

Crude contracts shed 0.94 as it closed at 112.52 while recording a high of 115.23 per barrel and a low of 110.30 per barrel. Today crude oil continues ...Oil prices turn south after US crude stocks rise by more than expected Forbes
http://www.ibtimes.com/articles/20080502/technical-analysis-for-crude-oil-5-2-2008.htm

Open chat :: Exxon Mobile "Struggles"

Author: Adam Ford Subject: Exxon Mobile &quotStruggles&quot Posted: Fri May 02, 2008 12:42 am GMT -4 Topic Replies: 0 Exxon Mobile "only" managed to earn 10.89 billion in the fist quarter. http://news.yahoo.com/s/nm/20080501/bs_nm/exxon_dc_10 NEW YORK Reuters - Exxon Mobil Corp XOM.N posted a 10.89 billion first-quarter profit on Thursday, but still managed to disappoint investors as weak production volumes and low refining margins blunted the impact of record-high
http://flinttalk.com/viewtopic.php?p=28064

Crude oil prices help Exxon Mobil make 11B The Tennessean

HOUSTON ?? Exxon Mobil Corp., the world's largest publicly traded oil company, said Thursday that record crude prices helped its first-quarter profit climb 17 percent to 10.9 billion, the second-biggest U.S. quarterly corporate profit ever.
http://www.tennessean.com/apps/pbcs.dll/article?AID=/20080502/BUSINESS01/805020388

Strong Dollar Sends Shock Through Global Markets

Today's surge in the U.S. dollar is causing quite the stir in other financial markets. Most notably, commodity prices are spiraling lower. Gold prices are plunging by 15 an ounce, trading all the way down to 850 per ounce. crude oil is off by 2.50 per barrel, trading near 110 a barrel.
http://www.fxpnf.com//fxpnf-blog/strong-dollar-sends-shock-through-global-markets.html

Bloomberg.com: Energy Prices

FTC to Probe Claims of Manipulation Leading to Higher U.S. Gasoline Prices · Russia&39s April crude oil Production Declines to Lowest Level in 18 Months ...
http://www.bloomberg.com/markets/commodities/energyprices.html

Petroleum - Wikipedia, the free encyclopedia

The hydrocarbons in crude oil are mostly alkanes, cycloalkanes and various ... crude oil varies greatly in appearance depending on its composition. ...
http://en.wikipedia.org/wiki/Crude_oil

This Week In Petroleum

Note: crude oil WTI Price in Dollars per Barrel. ... gallon in large part due to high crude oil prices. High crude oil prices are expected ...
http://tonto.eia.doe.gov/oog/info/twip/twip.asp