NYMEX Oil Complex Higher on Light Short-covering
Houston, TX August 16, 2010 8:21 AM ET
- The September NYMEX crude, RBOB gasoline and heating oil contracts are expected to open above Friday's settles on what appears to be a light bout of short-covering after...
OPEC Basket Price for August 13 down $1.09 at $72.64
Houston, TX August 16, 2010 7:45 AM ET
- The price of the OPEC basket of thirteen crudes stood at $72.64 per barrel on Friday, down $1.09 from Thursday, August 12, according to OPEC Secretariat calculations. The...
NYMEX Oil Complex Lower as Market Can't Shake Economic Pessimism
Houston, TX August 13, 2010 3:30 PM ET
- The NYMEX September crude, RBOB gasoline and heating oil contracts ended the day below yesterday's settles as market participants remain concerned about the pace of the...
NYMEX Oil Complex Steady after Overnight Rally Due to Short-covering
Houston, TX August 13, 2010 8:20 AM ET
- The September NYMEX crude, RBOB gasoline and heating oil contracts are expected to open either side of yesterday's collapse. Currently prices could open on either side of...
API Says Improved Standards Will Help Raise Bar on Offshore Safety
Washington, DC August 13, 2010 7:54 AM ET
- API Upstream Director Erik Milito told a joint committee of the National Academy of Engineering and the National Research Council today that the U.S. oil and natural gas...
OPEC Basket Price for August 12 down $1.67 at $73.73
Houston, TX August 13, 2010 7:53 AM ET
- The price of the OPEC basket of thirteen crudes stood at $73.73 per barrel on Thursday, down $1.67 from Wednesday, August 11, according to OPEC Secretariat calculations....
NYMEX Oil Complex Remains Pressured On Technical Failure Due to Economic Concerns
Houston, TX August 12, 2010 3:21 PM ET
- The NYMEX September crude, RBOB gasoline and heating oil contracts ended the day well below yesterday's settles. We are attributing the lower prices to further long...
Chevron Announces Natural Gas Discovery in Frontier Exmouth Plateau Area Offshore Western Australia
San Ramon, CA August 12, 2010 10:52 AM ET
- Chevron Corp. (NYSE: CVX) today announced a natural gas discovery in the Exmouth Plateau area of the Carnarvon Basin offshore Western Australia. The discovery is located...
NYMEX Oil Complex Lower on Economic Concerns but Rallies off Lows
Houston, TX August 12, 2010 10:44 AM ET
- The September NYMEX crude, RBOB gasoline and heating oil contracts are all in negative territory at midday as many market participants remain concerned that recent global...
NYMEX Oil Complex Lower as Economic Pessimism Continues
Houston, TX August 12 2010 8:23 AM ET
- The September NYMEX crude, RBOB gasoline and heating oil contracts are expected to open below Wednesday's settles on further long liquidation and fresh selling due to a...
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