31 December 2008
Posted at 12/31/2008 7:34:00 AM
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Crude oil buffed the day down 2% at $39.03 a barrel, and heating oil came out level, behind just a tenth of a percent. Worries over armed conflict in Gaza causing resource disruptions in the Middle east that spurred yesterday's rally.
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Posted at 7:34 0 comments
29 December 2008
Posted at 12/29/2008 3:15:00 AM
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Posted at 3:15 0 comments
27 December 2008
Posted at 12/27/2008 4:20:00 PM
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Posted at 16:20 0 comments
26 December 2008
Posted at 12/26/2008 3:18:00 PM
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Posted at 15:18 0 comments
26 December 2008
Posted at 12/26/2008 1:03:00 AM
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Posted at 1:3 0 comments
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Labels Prices have skyrocketed about $10 in the past month, primarily over production delays in the Gulf of Mexico, September. Declines in U.S. inventories of heating oil, diesel and jet fuel just before the Northern Hemisphere winter are the latest in a line of supply factors to rattle the market. The U.S. Energy Department said in its weekly petroleum supply report last week that commercially available supplies of heating oil declined by 1.2 million barrels for the week that ended Oct. 8, falling to 50 million barrels, ago levels.