1 0 Tag Archives: wall street journal
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No Refinement in Sinopec’s Oil Scramble – Wall Street Journal

Wall Street JournalNo Refinement in Sinopec's Oil ScrambleWall Street JournalSinopec has bought assets in natural gas, shale resources and deep sea oil in locations as far flung as Canada, Australia, and Brazil. The big winners from China's scr…

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Avoiding a Haircut on Crude – Wall Street Journal

Avoiding a Haircut on CrudeWall Street JournalAs a futures contract expires, commodity ETFs are required to close the open futures position and trade into the next month. Because oil for delivery later in the future has been more expensive than oil for…

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OIL FUTURES: Nymex Crude Falls In Asia; Euro-Zone Worries Remain – Wall Street Journal

Moneycontrol.comOIL FUTURES: Nymex Crude Falls In Asia; Euro-Zone Worries RemainWall Street JournalSINGAPORE (Dow Jones)–Crude-oil futures edged lower in Asia Monday as traders continued to take a cautious approach amid lingering concerns about the eu…

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Big Oil Heads Back Home – Wall Street Journal

Wall Street JournalBig Oil Heads Back HomeWall Street JournalBy pursuing these nontraditional fuels, the oil companies are committing themselves ever more deeply to the wealthy nations of the Organization for Economic Cooperation and Development. Wood …

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US Stock Futures Lower; US Data Can’t Offset Overseas Worries – Wall Street Journal

US Stock Futures Lower; US Data Can't Offset Overseas WorriesWall Street JournalGold futures slipped to about $1695 an ounce, while crude oil futures dropped to about $96.60 a barrel. Demand for Treasurys slipped, nudging the yield on the 10-year n…

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Sinopec signs $3.5 billion deal for Galp’s Brazil oil asset – Reuters

AFPSinopec signs $3.5 billion deal for Galp's Brazil oil assetReuters"Taking into consideration this investment and projected future capital expenditure, the total cash payout amounts to approximately $5.18 billion at closing," Sinopec sa…

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November 11, 2011
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OPEC sees bright but distant future for tight oil – Montreal Gazette

CNBC.comOPEC sees bright but distant future for tight oilMontreal GazetteOrganization of the Petroleum Exporting Countries secretary-general Adullah al-Badri during the presentation of OPEC's 2011 World Oil Outlook in Vienna, Nov. 8. OPEC is invest…

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Oil Just Nailed a Moving Target – Wall Street Journal (blog)

Oil Just Nailed a Moving TargetWall Street Journal (blog)The Nymex near-month oil future hit a 2011 low of just under $76 a barrel in early October. Since then, the price has rebounded. But its rallies have been capped by a key technical indicator: the…

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Argentina Moves to Stem Capital Flight – Wall Street Journal

Al-ArabiyaArgentina Moves to Stem Capital FlightWall Street JournalBUENOS AIRES–Argentina on Wednesday ordered oil, gas and mining companies to exchange into pesos all of the foreign currency proceeds from future export sales as the administration of…

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OIL FUTURES: Nymex Crude Breaks Above $90 A Barrel – Wall Street Journal

Telegraph.co.ukOIL FUTURES: Nymex Crude Breaks Above $90 A BarrelWall Street JournalNEW YORK (Dow Jones)–Oil futures are strongly higher this morning, hitting $90 a barrel for the first time in more than a month on broad hopes for progress on the Euro…

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