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Monday November 23, 2009
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Oil Speculation News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about oil and gas.
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  • Low petroleum prices prompt Valero to pull its production capacity 23 Nov 2009 19:50 GMT
    ... 4Refuel Inc. in Lynnwood, Wash. "They're buying crude for more than they can get for ... it would permanently close its Delaware City oil refinery and lay off 550 workers. It ... now - have been artificially inflated by speculators. In a Wednesday memo, he noted that ...

  • Fuel Systems Solutions: A Winner in the Alternative Fuels Industry 23 Nov 2009 11:10 GMT
    ... a possible vehicle platform, but I can speculate as to where I think Chrysler, led ... be a valid financial alternative to traditional fuels (diesel and petrol), which are increasingly subject ... improves (and as the dollar, in which oil is priced on the international market, remains ...

  • Oil rises more than 1 percent as dollar swings lower 23 Nov 2009 08:00 GMT
    ... PERTH (Reuters) - Oil prices rose more than 1 percent to ... oil exporter Iran and Western nations raised speculation of a potential supply threat. The dollar, ... inflation and a weaker U.S. currency. U.S. crude for January delivery rose 96 cents to ...

  • Oil rises more than 1 pct as dollar swings lower 23 Nov 2009 09:13 GMT
    ... are seen coming from funnels at an oil refinery in Melbourne... Oil prices rose more ... oil exporter Iran and Western nations raised speculation of a potential supply threat. The dollar, ... inflation and a weaker U.S. currency. U.S. crude for January delivery rose 96 cents to ...

  • Oil rises more than 1% as dollar swings lower 23 Nov 2009 10:10 GMT
    ... Perth: Oil prices rose more than 1% to top ... oil exporter Iran and Western nations raised speculation of a potential supply threat. The dollar, ... inflation and a weaker US currency. US crude for January delivery rose 96 cents to ...

  • Oil tops $78 amid fresh Iran tensions 23 Nov 2009 02:46 GMT
    ... PERTH (Reuters) - Oil prices rose above $78 a barrel on ... tension between Iran and Western nations raised speculation of a potential supply risk, encouraging investors ... new record above $1,160 an ounce. U.S. crude for January delivery rose 76 cents to ...

  • Oil tops $US78 amid fresh Iran tensions 23 Nov 2009 05:57 GMT
    ... PERTH - Oil prices rose above $US78 a barrel as ... tension between Iran and Western nations raised speculation over a potential supply risk, encouraging investors ... resource stocks helped boost Asian stocks. US crude for January delivery rose 71 cents to ...

  • Oil above $78 amid fresh Iran tensions 23 Nov 2009 05:57 GMT
    ... Perth: Oil prices rose above $78 a barrel on ... tension between Iran and Western nations raised speculation of a potential supply risk, encouraging investors ... new record above $1,160 an ounce. US crude for January delivery rose 76 cents to ...

  • Oil above $78 on Iran tensions 23 Nov 2009 08:54 GMT
    ... Last Updated: Monday, November 23, 2009, 07:12 Oil prices rose above $78 a barrel today ... tension between Iran and Western nations raised speculation over a potential supply risk, encouraging investors ... resource stocks helped boost Asian stocks. US crude for January delivery rose 71 cents to ...

  • Oil edges up above $78 in Asian trade 23 Nov 2009 06:15 GMT
    ... Global oil prices advanced above $78 a barrel in ... concerns over sustainable economic recovery. Light sweet crude for January delivery was seen trading at ... gained as investors bought physical assets on speculation U.S. efforts to restore growth will extend ...

  • Mexico's Credit Rating Cut by Fitch as Oil Output Drop Swells Budget Gap 23 Nov 2009 19:04 GMT
    ... was cut by Fitch Ratings after tumbling oil output and the worst recession since the ... shift back to a stable outlook quelled speculation that the company may look to lower ... Including spending by state- owned oil company Petroleos Mexicanos, the deficit will reach 2.75 percent ...

  • Oil prices up above $78/barrel 23 Nov 2009 05:10 GMT
    ... MUMBAI: Oil prices rose above $78 a barrel on ... between Iran and Western countries which raised speculation of a potential supply risk, thereby encouraging ... encouraging investors to push prices higher. US crude for January delivery rose 76 cents to ...

  • Oil tops USD78 on Iran fears 23 Nov 2009 07:43 GMT
    ... Oil prices rose above USD78 a barrel on ... tension between Iran and Western nations raised speculation over a potential supply risk, encouraging investors ... resource stocks helped boost Asian stocks. U.S. crude for January delivery rose 71 cents to ...

  • Surgutneftegas - Statement re: Press speculation 23 Nov 2009 16:10 GMT
    ... MOSCOW--(BUSINESS WIRE)-- Surgutneftegas, one of Russia's leading oil and gas companies, notes media reports regarding ... confirms there is no basis for this speculation and it is not engaged in, nor ...

  • Gold at record; resource plays boost Asia stocks 23 Nov 2009 03:52 GMT
    ... relatively safer assets, while supply concerns boosted oil and copper. Asian stocks also rose, led ... the company reported a promising oil find. Crude oil futures rose 1 percent to $78.24 ... between Iran and Western nations which raised speculation of a potential supply risk. Iran's armed ...


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