Crude Oil Prices

Oil prices jump above $71 a barrel as Nigerian militants damaged and partly shut down an offshore oil platform belonging to Royal Dutch Shell PLC. Previous attacks on infrastructure in Nigeria's restive southern oil region have trimmed output from Africa's biggest crude producer by about 25 percent.
Bloggingstocks: Five Oil Stocks to Sell Now

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Oil Falls to $67 as World Outlook Dims

posted: 10 DAYS 10 HOURS AGO

filed under: Crude Oil Prices

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Oil prices fall more than $2 to below $68 a barrel Monday as the World Bank says the global economy will shrink by 2.9 percent this year -- a much worse prediction than the 1.7 percent contraction forecast in March.

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Are Sky-High Oil and Gas Prices Ahead?

posted: 12 DAYS 19 HOURS AGO

filed under: Crude Oil Prices

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Oil prices have doubled in the last six months, and the price at the gas pump is shooting up too. DailyFinance takes a look at where oil and gas are headed from here.

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Oil Prices Retreat as Dollar Strengthens

posted: 17 DAYS 17 HOURS AGO

filed under: Crude Oil Prices

Oil prices fall to near $71 a barrel, halting a three-month rally, as the dollar, which typically trades inversely to crude, is boosted by comments by Russia's finance minister.

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Is Oil the New Global Reserve Currency?

posted: 20 DAYS 10 HOURS AGO

filed under: Crude Oil Prices

Traders and investors seem to have chosen oil as their own temporary global reserve currency. With equity markets failing to offer sustained growth and high U.S. government spending fanning inflation fears, many institutional investors are moving away from the dollar.
More DailyFinance: Will Inflation Fears Send Oil to $250? | Oil is Up, But Large-Cap Energy Stocks Lag

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Oil Prices Rise Ahead of Global Demand

posted: 21 DAYS 11 HOURS AGO

filed under: Crude Oil Prices

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Oil has surpassed $70 per barrel as traders and investors anticipate increasing oil demand outpacing supply increases. Some analysts fear the rising price of oil is likely to have a drag effect on the U.S. and most of the global economy.
Also: Oil Prices Surge Past $73

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Near $72, Oil Strikes New High for 2009

posted: 22 DAYS 10 HOURS AGO

filed under: Financial Crisis, Crude Oil Prices

Oil prices surged to a new high for the year with investors pouring money into crude markets as a hedge against inflation. It was the second time in as many days that crude hit new heights this year at the close.
Bloggingstocks: As Oil Rises, Stagflation Back in Spotlight

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As Oil Rises, Stagflation Back in Spotlight

posted: 22 DAYS 15 HOURS AGO

filed under: Crude Oil Prices

With oil prices rising above $70 a barrel, hitting a new high for the year, BloggingStocks says that stagflation, or a period of inflation despite stagnant or non-existent economic growth, may be rearing its ugly head again.

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Oil Soars Above $71, Hits 2009 High

posted: 22 DAYS 19 HOURS AGO

filed under: Crude Oil Prices

Oil prices soared above $71 a barrel to reach a 2009 high, as investors poured money into crude markets to protect themselves against the inflation risks posed by a weakening U.S. dollar.

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