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Energy prices rise as Gaza conflict escalates

Crude futures prices rose again Jan. 5 as the conflict in Gaza continues to escalate, said analysts with Raymond James & Associates Inc ... blending rose 7.l9¢ to $1.18/gal on NYMEX. Heating oil for the same month climbed 9.6¢ to $1.576/gal ... . Also boosting oil prices, analysts said, was news that Kuwait, the Organization of Petroleum [more...]

Date: 2009-01-07 11:52:09

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Permanent Link to 365. Speculation in crude oil futures markets

365. Speculation in crude oil futures markets When George Bush was inaugurated on January 20, 2001 the NYMEX near futures crude oil contract was $32.19/bbl (see also item 308). On September 10 ... weeks, due to international cooperation and support, the futures price actually fell hitting a low [more...]

Date: 2009-01-08 08:57:43


Whadda ya bet the price of gas goes up anyway

Last update: 3:50 p.m. EST Jan. 7, 2009 Comments: 89 NEW YORK (MarketWatch) ... started collecting Cushing data. On the Nymex, February heating oil futures fell 5.1% to $1.5431 ... -- Crude-oil futures tumbled 12% Wednesday, marking their biggest one-day percentage drop [more...]

Date: 2009-01-07 22:11:28



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