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Buy Crude Oil News
Heating oil prices hit record as oil nears $100 (Newsday)
Oil flirted with the $100 milestone yesterday, then retreated by the time markets closed.
Iranians urged to tighten belts (Times Online)
TEHRAN Iranians have been urged to adopt austerity measures to limit the impact of possible international sanctions as a result of Tehran?s drive to become a nuclear power Mostafa Pour Mohammadi, the Interior Minister, marking the 28th anniversary of the seizure of the US Embassy in Tehran, said Iranians should cut back on consumption to ensure that any sanctions imposed on the country had no ...
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Oil refiners post biggest quarterly loss
made losses as the rupee?s value depreciated against the dollar. These companies have foreign currency loans and also buy crude oil in dollars. IOC today said it had lost Rs 1,100 crore during the quarter, while BPCL lost Rs 700 crore. The refinery
Oil Politics and Cattle Conundrums
my options, and then I?m still long anyway, and I also have plenty of time. So if I buy crude oil options all the way out until next December, I?m pretty confident that we?re going to see a higher oil price by then, and so that is the way
Unfolding events show firm crude oil prices for the future
is the average price over a longer time horizon that has greater economic significance. Import-dependent countries, like India, buy crude oil throughout the year and pay international prices round the year, including peaks and troughs. In a liberalised
Outlook appears bleak for short-term gasoline prices (Villages Daily Sun)
THE VILLAGES ? Just like many others, Tom Mirabito is a Villager who drives a sport utility vehicle. Not anymore. Blame gasoline prices rising at a clip of 2 to 4 cents a day since the first of the month.
PSU oil firms to return to profits in Q3 - MSN India
New Delhi: After reporting losses in excess of Rs 12,000 crore in the July-September quarter, state-run refiners are likely to make marginal profits in the three months up to December 2008 as crude oil prices have plunged to 22-month lows of below ...
Marketers foreclose fall in price of petrol - Businessday Online
Despite the huge drop in crude oil price that precipitated a review of the benchmark for the 2009 budget, Nigerians should not expect any corresponding drop in the retail price of refined petroleum products. Elsewhere, pump prices are being adjusted ...
Low U.S. Dollar To Blame For Rising Gas Prices | WBNG-TV | Video Archives (WBNG Binghamton)
As the value of the US Dollar goes down, the price at the pump goes up. For the first time in U.S. history, the national average for a gallon of gas in the month of November more than 3 dollars.
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