Oil Prices - Business Exchange Most Active Articles 2009-11-24T08:25:28.698-05:00 Business Exchange Business_Exchange@businessweek.com urn:com:businessweek:bx:topic:most-active:oil-prices Roger Neal rneal074 Platts podcast: US refiners' Q3 earnings weak urn:com:businessweek:bx:article:3521273000728581930-658d8c9abf487ccbf38b45fb9e4fdf93 2009-11-20T06:31:41.622-05:00 In this Platts podcast, Beth Evans, Senior Managing Editor of Platts Oilgram News, discusses the reasons behind US refiners' poor Q3 earnings; assesses the likelihood of results improving in Q4; and examines what it will take for refining margins to rise. In this Platts podcast, Beth Evans, Senior Managing Editor of Platts Oilgram News, discusses the reasons behind US refiners' poor Q3 earnings; assesses the likelihood of results improving in Q4; and examines what it will take for refining margins to rise. platts.com https://www.platts.com/IM.Platts.Content/InsightAnalysis/Podcasts/Oil/Archive/2009/nov/amermover112309.mp3 Paul Maguire pmaguire845 3 3 0 0 Platts feature: Global crude and oil products price data urn:com:businessweek:bx:article:6230665243576601480-5b9e5b22adefab3a6eb2968b8c770481 2009-11-17T11:40:08.071-05:00 The new Platts Market Data Microsite not only gives you the full list of available data that Platts provide -- but also the opportunity to request a sample of data for you to trial before you buy. Visit the http://www.plattshasthedata.com now and request a sample of data. The new Platts Market Data Microsite not only gives you the full list of available data that Platts provide -- but also the opportunity to request a sample of data for you to trial before you buy. Visit the http://www.plattshasthedata.com now and request a sample of data. platts.com http://www.platts.com/NewsFeatureDetail.aspx?xmlpath=IM.Platts.Content/InsightAnalysis/NewsFeature/2009/oildataroundup/index.xml Paul Maguire pmaguire845 8 8 0 0 Platts podcast: NWE refiners room for crude run cuts compromised by weak margins urn:com:businessweek:bx:article:10974118971690326678-6615698bdb89af22ed5cef2ff9842bcd 2009-11-19T09:08:59.214-05:00 In this Platts podcast, Tim Worledge and Elzbieta Rabelska, editors for Platts European Marketscan, discuss why, amidst rising crude oil and products prices, national media outlets are starting to highlight the armada of vessels currently engaged in floating storage, particularly in the North Sea. Despite the increases, the picture for Europe's refiners still remains unclear as poor demand continues to mark the staple middle distillate market. With gasoline demand also falling short of previous years', the sheer quantity of product currently held in tank and at sea is not equating to cheaper oil prices. In this Platts podcast, Tim Worledge and Elzbieta Rabelska, editors for Platts European Marketscan, discuss why, amidst rising crude oil and products prices, national media outlets are starting to highlight the armada of vessels currently engaged in floating storage, particularly in the North Sea. Despite the increases, the picture for Europe's refiners still remains unclear as poor demand continues to mark the staple middle distillate market. With gasoline demand also falling short of previous years', the sheer quantity of product currently held in tank and at sea is not equating to cheaper oil prices. platts.com http://www.platts.com/IM.Platts.Content/InsightAnalysis/Podcasts/Oil/Archive/2009/nov/euromover111909.mp3 Paul Maguire pmaguire845 0 0 0 0 IEA's Birol: Oil price to climb to more than $100/barrel by 2015 urn:com:businessweek:bx:article:4700412147732992952-fbb2507ad619b0b24c96125df32039c3 2009-11-11T11:06:13.966-05:00 The International Energy Agency on Tuesday slashed its forecast of world oil demand in 2015 by 6 million b/d to 88 million b/d, 6 million b/d lower than thought a year ago and just 3 million b/d higher than the agency's 85 million b/d estimate of 2008 The International Energy Agency on Tuesday slashed its forecast of world oil demand in 2015 by 6 million b/d to 88 million b/d, 6 million b/d lower than thought a year ago and just 3 million b/d higher than the agency's 85 million b/d estimate of 2008 platts.com http://www.platts.com/RSSFeedDetailedNews.aspx?xmlpath=RSSFeed/HeadlineNews/Oil/8062639.xml Dennis Atuanya datuanya486 6 5 0 1 Platts podcast: Peak oil debate rages on urn:com:businessweek:bx:article:11669807962335539119-ea47d0653a255aa379b0640e6becb1e7 2009-11-12T11:15:12.710-05:00 In this podcast, Richard Swann, Managing Editor for Platts' EMEA oil team, discusses in-depth the controversy surrounding the UK's Guardian newspaper, which cited an unnamed "senior" International Energy Agency (IEA) official as saying the agency was underplaying the chances of an imminent peak in world oil production, contradicting the findings of the IEA's annual World Energy Outlook. In this podcast, Richard Swann, Managing Editor for Platts' EMEA oil team, discusses in-depth the controversy surrounding the UK's Guardian newspaper, which cited an unnamed "senior" International Energy Agency (IEA) official as saying the agency was underplaying the chances of an imminent peak in world oil production, contradicting the findings of the IEA's annual World Energy Outlook. platts.com http://www.platts.com/PodcastsDetail.aspx?xmlPath=oil/Europe/index.xml Paul Maguire pmaguire845 2 2 0 0 Higher Oil Prices the “New Normal” urn:com:businessweek:bx:article:13360489940638698908-ecacf446454944ae5ab11dcbfb0e39b2 2009-11-04T16:21:31.448-05:00 Oil prices have bounced more than 150 percent off their December 2008 lows, despite the fact that inventory levels remain at historically high levels. Does that mean the oil price is out of whack? Not necessarily. Oil prices have bounced more than 150 percent off their December 2008 lows, despite the fact that inventory levels remain at historically high levels. Does that mean the oil price is out of whack? Not necessarily. dailyreckoning.com http://dailyreckoning.com/higher-oil-prices-the-new-normal-2/ The Daily Reckoning dreckoning339 17 17 0 0 Introducing the ‘dowlar’ oil correlation urn:com:businessweek:bx:article:3293236584807432757-3a0c508ede0ac04179e95d7656c55c9b 2009-11-11T09:56:37.248-05:00 Olivier Jakob at Petromatrix introduced a new term on Monday: the dowlar. It’s a reference to the correlation between oil prices and - you guessed it - the Dow and the dollar. It’s a cute term to sum up two of the key non-fundamental factors that... Olivier Jakob at Petromatrix introduced a new term on Monday: the dowlar. It’s a reference to the correlation between oil prices and - you guessed it - the Dow and the dollar. It’s a cute term to sum up two of the key non-fundamental factors that... FT Energy Source http://blogs.ft.com/energy-source/2009/11/05/introducing-the-dowlar-oil-correlation/ Dennis Atuanya datuanya486 2 2 0 0 Never believe the oil forecasters urn:com:businessweek:bx:article:12812556040004255219-9f58a171d301bd7c0532449582a1a689 2009-11-11T09:45:40.664-05:00 “The forecasts are always wrong,” he has told Reuters. “Why do you carry on running them?” “The forecasts are always wrong,” he has told Reuters. “Why do you carry on running them?” blogs.reuters.com http://blogs.reuters.com/commodity-corner/2009/11/04/never-believe-the-oil-forecasters/ Dennis Atuanya datuanya486 1 1 0 0 Rise in oil prices sparks talk within OPEC of a possible oil output increase urn:com:businessweek:bx:article:5166573108482507549-da544731e8ee83d6293a0ba92fbbe4bf 2009-10-29T12:23:40.992-04:00 The rise in oil prices to $82/barrel for the first time in a year has sparked talk within OPEC of a possible oil output increase at the December 22 meeting in Luanda, Angola. The rise in oil prices to $82/barrel for the first time in a year has sparked talk within OPEC of a possible oil output increase at the December 22 meeting in Luanda, Angola. platts.com https://www.platts.com/NewsFeatureDetail.aspx?xmlpath=IM.Platts.Content/InsightAnalysis/NewsFeature/2009/opec/index.xml Dennis Atuanya datuanya486 14 13 0 1 Kuwait sees dollar, other factors impacting oil price urn:com:businessweek:bx:article:7464271497826736066-1648c8db7c42ac00bdad1d6dc34c6be1 2009-11-03T09:21:19.820-05:00 ...the dollar and other factors, including Russia's rising oil production, were among factors driving oil price movements. ...the dollar and other factors, including Russia's rising oil production, were among factors driving oil price movements. platts.com http://www.platts.com/RSSFeedDetailedNews.aspx?xmlpath=RSSFeed/HeadlineNews/Oil/8040901.xml Dennis Atuanya datuanya486 5 4 0 1 Crude Oil Update urn:com:businessweek:bx:article:14041204887540986576-622b09faaa6077e58d2d7617eff41f80 2009-03-09T14:01:34.155-04:00 Previous report predicted Crude to rise from $37 to $49, which has happened. This is the next update. Previous report predicted Crude to rise from $37 to $49, which has happened. This is the next update. tanmaygopal.blogspot.com http://tanmaygopal.blogspot.com/2009/03/crude-oil-update-crude-oil-touched-high.html Tanmay Purohit tpurohit584 226 226 0 0 US crude stocks likely to build by 1.3 million barrels: analysts urn:com:businessweek:bx:article:3399009564345049542-e9bc5bea1ab02e29e7492b2ad40b39ed 2009-11-03T09:26:35.826-05:00 Weekly oil data from the Energy Information Administration and the American Petroleum Institute should show a 1.3 million barrel build in US commercial crude stocks for the reporting week ended October 30, analysts polled by Platts said Monday Weekly oil data from the Energy Information Administration and the American Petroleum Institute should show a 1.3 million barrel build in US commercial crude stocks for the reporting week ended October 30, analysts polled by Platts said Monday platts.com http://www.platts.com/RSSFeedDetailedNews.aspx?xmlpath=RSSFeed/HeadlineNews/Oil/6588199.xml Dennis Atuanya datuanya486 3 2 0 1 Cheap Oil Forever: Why Prices Will Keep Falling | Newsweek International Edition urn:com:businessweek:bx:article:10480452789074067664-9f023eb1244758697682d1f6efefd581 2009-04-14T09:52:20.111-04:00 As playwright Arthur Miller once observed, "An era can be said to end when its basic illusions are exhausted." And most of the illusions that defined the late global economic boom—the notion that global growth had moved to a permanently higher plane... As playwright Arthur Miller once observed, "An era can be said to end when its basic illusions are exhausted." And most of the illusions that defined the late global economic boom—the notion that global growth had moved to a permanently higher plane... newsweek.com http://www.newsweek.com/id/193499 Leslie MacCallum lmaccallum946 161 161 0 0 Crude futures lower as upward momentum in dollar continues urn:com:businessweek:bx:article:9039595454251834168-c5c3d46de7430c3a6a818bbbd095259f 2009-10-29T13:02:04.563-04:00 The ICE Dollar index, equity bourses and the crude futures market continued to retrace a familiar path Wednesday as a stronger dollar placed downward pressure on the crude futures complex The ICE Dollar index, equity bourses and the crude futures market continued to retrace a familiar path Wednesday as a stronger dollar placed downward pressure on the crude futures complex platts.com http://www.platts.com/RSSFeedDetailedNews.aspx?xmlpath=RSSFeed/HeadlineNews/Oil/8022495.xml Dennis Atuanya datuanya486 3 2 0 1 Oil could exceed $100 next year urn:com:businessweek:bx:article:14862954708886693377-5736e9e5b0210c8c812705f28c9127a5 2009-10-27T10:32:49.797-04:00 Crude oil prices could push above $100 a barrel heading into 2011 due to a combination of a cyclical improvement in demand,... Crude oil prices could push above $100 a barrel heading into 2011 due to a combination of a cyclical improvement in demand,... ft.com http://www.ft.com/cms/s/0/542bb6d6-c264-11de-be3a-00144feab49a.html Dennis Atuanya datuanya486 10 10 0 0 The struggle behind Nigeria’s oil production urn:com:businessweek:bx:article:7987890311849774269-63b78c0bf990e63cc510ebc99b4e3cbc 2009-10-26T12:33:00.741-04:00 Crude from a recent spill slicks the creeks beside the settlements of the Edagberi clan in the Niger Delta. Villagers say their livelihood - long based on fishing - has been eroded by oil extraction. (Photo: Tom Burgis) The main militant umbrella... Crude from a recent spill slicks the creeks beside the settlements of the Edagberi clan in the Niger Delta. Villagers say their livelihood - long based on fishing - has been eroded by oil extraction. (Photo: Tom Burgis) The main militant umbrella... blogs.ft.com http://blogs.ft.com/energy-source/2009/10/26/the-struggle-behind-nigerias-oil-production/ Dennis Atuanya datuanya486 2 1 0 1 US petrol supplies force crude retreat urn:com:businessweek:bx:article:10764846288882891972-2631451bbfa2c61dadbde4bbc9067f02 2009-10-29T13:25:04.563-04:00 Oil prices fell more than $2 on Wednesday following the latest US weekly inventories data, while base metals moved lower and sugar dropped as weakness in equity markets and a recovery in the dollar weighed on sentiment towards commodities. Oil prices fell more than $2 on Wednesday following the latest US weekly inventories data, while base metals moved lower and sugar dropped as weakness in equity markets and a recovery in the dollar weighed on sentiment towards commodities. ft.com http://www.ft.com/cms/s/0/50b51208-c3af-11de-a290-00144feab49a.html Dennis Atuanya datuanya486 4 4 0 0 Saudis drop WTI oil contract urn:com:businessweek:bx:article:11970365462127229853-41ce3108bdfd551803140cd79d9590fc 2009-10-29T13:13:15.629-04:00 Saudi Arabia on Wednesday decided to drop the widely used West Texas Intermediate oil contract as the benchmark for pricing... Saudi Arabia on Wednesday decided to drop the widely used West Texas Intermediate oil contract as the benchmark for pricing... ft.com http://www.ft.com/cms/s/0/8cda145a-c3fe-11de-8de6-00144feab49a.html Dennis Atuanya datuanya486 3 3 0 0 Platts - The Barrel: Is the end of the oil age nigh? urn:com:businessweek:bx:article:6239913853924108648-d24f3afe2c7e4d767cb206cd0704c963 2009-10-28T09:01:28.686-04:00 The world of oil is in for a roller-coaster ride over the next few years if Deutsche Bank analysts are right, with oil demand set to peak in just seven years' time as crude spikes again, this time to $175/barrel, before falling into long-term decline. The world of oil is in for a roller-coaster ride over the next few years if Deutsche Bank analysts are right, with oil demand set to peak in just seven years' time as crude spikes again, this time to $175/barrel, before falling into long-term decline. platts.com http://www.platts.com/weblog/oilblog/2009/10/23/is_the_end_of_t.html Paul Maguire pmaguire845 3 3 0 0 Oil May Drop on Double Top, Barclays Says urn:com:businessweek:bx:article:9423996006963325509-6f2cd0d9288a0991c51ba74a20f429d6 2009-04-22T15:29:11.348-04:00 Oil may drop toward $42 a barrel after prices formed a “double top” pattern, technical analysts at Barclays Capital said. A double-top is a W-shaped formation with two similar high- points. A drop below the lowest point... Oil may drop toward $42 a barrel after prices formed a “double top” pattern, technical analysts at Barclays Capital said. A double-top is a W-shaped formation with two similar high- points. A drop below the lowest point... bloomberg.com http://www.bloomberg.com/apps/news?pid=20601207&sid=aA4xNmB.Nydw&refer=energy Dennis Atuanya datuanya486 80 80 0 0 Platts podcast: OPEC unlikely to increase production until floating storage barrels discharged urn:com:businessweek:bx:article:3675285760402516911-ac9696dd4c4fca641ca8b4f2d00e9a28 2009-10-30T10:53:30.074-04:00 In this Platts podcast, William Bathurst, Managing Editor for Platts Marine Alert, discusses the current state of the tanker market, focusing on the key issues amongst delegates that emerged at the recent Platts Tanker Economics conference held in Athens; examining the distortion of the supply/demand balance that has resulted in record low earnings; and how OPEC is unlikely to increase production until floating storage barrels have been discharged. In this Platts podcast, William Bathurst, Managing Editor for Platts Marine Alert, discusses the current state of the tanker market, focusing on the key issues amongst delegates that emerged at the recent Platts Tanker Economics conference held in Athens; examining the distortion of the supply/demand balance that has resulted in record low earnings; and how OPEC is unlikely to increase production until floating storage barrels have been discharged. platts.com http://www.platts.com/elqNow/elqRedir.htm?ref=/IM.Platts.Content/InsightAnalysis/Podcasts/Oil/Archive/2009/oct/euromover103009.mp3 Paul Maguire pmaguire845 0 0 0 0 Nigerian unions vow to resist removal of fuel subsidies urn:com:businessweek:bx:article:16702198021953484249-f2ae9f2bd3240d2d0156d4b8db22e300 2009-10-21T10:45:51.607-04:00 Nigeria's powerful labor unions Tuesday vowed to protest against the government's plan to remove subsidies on gasoline and other products and threatened to hold rallies across the country from October 28. Nigeria's powerful labor unions Tuesday vowed to protest against the government's plan to remove subsidies on gasoline and other products and threatened to hold rallies across the country from October 28. platts.com http://www.platts.com/RSSFeedDetailedNews.aspx?xmlpath=RSSFeed/HeadlineNews/Oil/8998733.xml Dennis Atuanya datuanya486 2 1 0 1 Platts - The Barrel: Do we really need a new law to come down on bad refining practices? urn:com:businessweek:bx:article:7093641622200421000-e249cbc5e46e6bf0a0227c3d872b4c36 2009-10-30T06:38:23.941-04:00 There ought to be a law! It's the usual refrain, and often legislative action, when faced with serious concerns such as those that inspired a pending US House bill that would give the Department of Homeland Security authority over what chemicals are used in the refining process. There ought to be a law! It's the usual refrain, and often legislative action, when faced with serious concerns such as those that inspired a pending US House bill that would give the Department of Homeland Security authority over what chemicals are used in the refining process. platts.com http://www.platts.com/weblog/oilblog/2009/10/28/do_we_really_ne.html Paul Maguire pmaguire845 0 0 0 0 Nigeria, oil majors set up committee on post-amnesty program urn:com:businessweek:bx:article:16091671568294524257-d60940150e3914660973f6636dce92ab 2009-10-29T12:53:36.321-04:00 State-run Nigerian National Petroleum Corporation said Wednesday it agreed with its foreign oil partners to back Nigeria in rehabilitating and training militants who recently accepted the government's amnesty. State-run Nigerian National Petroleum Corporation said Wednesday it agreed with its foreign oil partners to back Nigeria in rehabilitating and training militants who recently accepted the government's amnesty. platts.com http://www.platts.com/RSSFeedDetailedNews.aspx?xmlpath=RSSFeed/HeadlineNews/Oil/8022670.xml Dennis Atuanya datuanya486 0 0 0 0 Saudi Arabia recaptures spot as China's top crude supplier in Sep urn:com:businessweek:bx:article:1230539400390610048-d53bc8117486030deedd8eea80863daf 2009-10-29T12:07:13.088-04:00 Saudi Arabia recaptured its position as China's largest crude supplier in September by shipping 3.68 million mt (900,750 b/d) of cargoes during the month, figures released by Chinese General Administration of Customs showed. Supplies from the world's largest crude exporter to the Chinese market jumped 51% from August's 2.43 million mt, but remained 9.6% less than 4.1 million mt in September 2008. Saudi Arabia recaptured its position as China's largest crude supplier in September by shipping 3.68 million mt (900,750 b/d) of cargoes during the month, figures released by Chinese General Administration of Customs showed. Supplies from the world's largest crude exporter to the Chinese market jumped 51% from August's 2.43 million mt, but remained 9.6% less than 4.1 million mt in September 2008. platts.com http://www.platts.com/RSSFeedDetailedNews.aspx?xmlpath=RSSFeed/HeadlineNews/Oil/7529698.xml Dennis Atuanya datuanya486 0 0 0 0