Saturday, February 26, 2011

crude oil profit report 2011

crude oil profit report 2011 : Fears that the upheaval could spread from the oil-rich North African nation to larger producers like Saudi Arabia had crude-oil futures /quotes/comstock/21n!f:cl\h11 (CLH11 93.82, 0.00, 0.00%) briefly spiking above $100 a barrel last week in New York, and fueled worries the resulting rise in fuel prices would curb economic growth.

$100 Oil Sparks Energy Investment Interest
Crude oil futures on Wednesday hit the $100 a barrel level on the New York Mercantile Exchange (NYMEX) for the first time since September 2008. The April contract was as high as $100.91 in pre-market trading yesterday (Thursday).Read More...

U.S. stock market looks to data-diversion

The U.S. stock market in days ahead will get first takes on the U.S. economy in February, which may or may not end Wall Street’s fixation on upheaval in the Middle East and North Africa. Read More...

Dow rises 62 as oil starts to stabilize

Crude oil settled up 71 cents to $97.99 on news of more violence in Libya. Its 13.7% gain for the week was its largest since February 2009. Retail gasoline prices in the United States jumped nearly 6 cents in a day, among the biggest one-day changes ever. Read More...

Carnival sinks on oil price woe
As the price of Brent crude oil soared more than $5 a barrel to hit $111 for the first time since August 2008 amid growing concern about the civil unrest in Libya, shares of cruise ship operator Carnival nosedived 115p or 4.2% to 2644.5p. Read More...
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