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oil speculation

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What Do West Basin Municipal Water District, Iraq and Google All Have in Common?
CARSON, Calif. -- All of these organizations have a 100 billion unit story to tell. Speculators believe Iraq has 100 billion barrels of oil in reserves; Google has a goal of indexing 100 billion web pages; and West Basin Municipal Water District has just produced its 100 billionth gallon of...
Articles 2008-11-21
Roadshow: As prices fall, is it time to think about hiking the gas
Q Quick! Before we get used to $2-a-gallon gas, how much of a gas tax hike would be sufficient to fix California's fiscal problems? Rick James Los Altos A Are you nuts? You have to be a lone voice on this....
Articles 2008-11-19
Well, well, well..
INDUSTRY insiders reckon that the price of oil will stay low for at least next six months. Demand from China may have slowed, but the real reason crude has fallen so quickly is that speculators who drove up the price can't now get credit to fund...
Articles 2008-11-16
Ronn Motor Company: 'Speculative Buy' Rating, Target Price $0.84 by Beacon Equity Research
DALLAS -- Ronn Motor Company (Pink Sheets: RNNM) has received a Speculative Buy rating with a price target of $0.84 by Beacon Analyst, Victor Sula, Ph.D. The full report is available at http://www.beaconequity.com/main/Page-data/Adpages/RNNM. Anyone interested in receiving alerts regarding RNNM research should e-mail members@beaconequity.com with "RNNM"...
Articles 2008-11-11
Oil's ups and downs
The price of oil has plummeted by more than half since it soared above $147 a barrel in July, and gasoline prices have tumbled almost as dramatically, from a high of $4.11 a gallon for unleaded regular in July to a national average of $2.67 a gallon on Monday. ...
Articles 2008-10-28
Main Movers
M Antofagasta 300p (up 23.5p, 8.5 per cent) Bucks sector trend after positive comment from Citigroup. M British Sky Broadcasting 352p (up 23p, 6.99 per cent) Bargain hunting before update, due at the end of this week. M Stagecoch 196.4p (up 9p, 4.8 per...
Articles 2008-10-28
OPEC Drops Output In A New Phase As Speculators' Premium Gets More Shaky
OPEC's emergency ministerial meeting in Vienna on Oct. 24 cut the group's output by 1.5m b/d from Nov. 1 as the market for conventional petroleum entered a totally new phase with no simple explanation of the reasons for a continuing fall in paper oil prices. Paper WTI later on Oct....
Articles 2008-10-27
Lessons from oil's collapse
Darn those oil speculators! Someone needs to stop them before they push the price of gas down even further. Does that sound ridiculous? Of course it does. You would never hear someone in Congress utter such a thing, especially as gas prices drop below $3 a gallon...
Articles 2008-10-25
Main Movers
Autonomy Corporation 1,015p (up 139p, 15.87 per cent) Launches ControlPoint. William Hill 189.5p (up 23p, 13.81 per cent) Positive update; acquires certain Playtech affiliates. JJB Sports 36.75p (up 4p, 12.21 per cent) 5 per cent cash placing to with Sports Direct International. ...
Articles 2008-10-21
Gas prices reverse course, fall below $3
The nationwide average price of gasoline fell to less than $3 a gallon -- to $2.991 on Saturday and then $2.954 on Sunday, travel organization AAA reported. It's the first time gas has been that cheap since February. And pump prices will likely keep falling. Based on the...
Articles 2008-10-20
Asia-Pacific Surpassed North America As The World's Primary Oil Consuming Region In 2007
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/fc1f58/asiapacific_oil) has announced the addition of the "Asia-Pacific Oil & Gas Sectors : A Company and Industry Analysis (August 2008)" report to their offering. This report updates the previous Asia-Pacific oil and gas report, focusing on the markets in Australia, China, India,...
Articles 2008-10-20
Oil price rebounds above 71 dollars on OPEC cut threat
NEW YORK AFP — Oil prices rebounded Friday above 71 dollars a barrel on speculation the OPEC crude producers' cartel could cut production at an emergency meeting next week, traders said. Crude futures had tumbled on Thursday and have plunged by more than six percent over the week...
Articles 2008-10-17
Absolutely scandalous' that OPEC considering cuts: British PM
LONDON AFP — British Prime Minister Gordon Brown told a meeting of business leaders on Friday that it was "absolutely scandalous" that oil producing countries were considering cutting production next week. The emergency meeting of the OPEC crude producers' cartel, which was brought forward to next Friday from...
Articles 2008-10-17
Oil prices climb on fears of OPEC output cut
LONDON AFP — Oil prices rose Friday after heavy losses a day earlier on speculation that the OPEC crude producers' cartel could cut production at an emergency meeting next week, traders said. New York's main futures contract, light sweet crude for delivery in November, was up 1.14 dollars...
Articles 2008-10-17
World datelines
Austria: Haider 'was drunk' VIENNA -- Austrian far-right politician Joerg Haider was drunk at the time of his fatal car crash, his spokesman said Wednesday. Stefan Petzner said Haider's blood alcohol level was significantly above the legal limit when he crashed his car early...
Articles 2008-10-16
Intellihome, Inc. Begins Trading as Atlas Oil & Gas, Inc.
Intellihome, Inc. (OTCBB: IHME) ispleased to announce it has completed its name change to Atlas Oil & Gas,Inc. and has begun trading today under its new trading symbol (OTCBB: ATOG). Cautionary note: This report contains forward-looking statements,particularly those regarding cash flow, capital expenditures and investmentplans. Resource estimates, unless specifically noted,...
Articles 2008-10-14
OPEC wants tighter controls over speculative oil trades
WASHINGTON AFP — The OPEC cartel called Saturday for tougher regulations to reduce the impact of speculative investment in the oil market which it blames for the huge volatility in crude prices. Oil peaked at a record high above 147 dollars in July but has since plunged back...
Articles 2008-10-11
Soco shares soar after approach from buyer
Business News In Brief ENERGY The oil explorer Soco International confirmed it had received an approach from a potential buyer of the majority of its asset portfolio, widely believed to be its Vietnam operations, sending the company's shares soaring as much as 40 per cent. Market...
Articles 2008-10-11
Al Qaeda targeted me with boiling oil; ROBBER'S POWDER KEG PRISON ATTACK
Byline: By TOM MULLEN FLESH peels from the face of an armed robber caught up in a powder keg prison al Qaeda revenge attack. Malcolm Cruddas suffered horrifying injuries when terrorist Omar Khyam poured a pan of boiling chip fat over his head in high-security Frankland...
Articles 2008-10-10
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