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By Darrell Delamaide, Oilprice.com |
June 15, 2010
The end-of-week decline showed how feeble the rally was and how sensitive oil prices remain to economic news.
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By Darrell Delamaide, Oilprice.com |
June 7, 2010
The continued failure of BP's efforts to stop the Gulf oil spill and mounting political pressure are putting the very future of the British-based oil giant in question.
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By Darrell Delamaide, Oilprice.com |
March 6, 2010
Jobs data indicating that U.S. economic recovery might be picking up steam finally pushed crude oil futures decisively over the stubborn $80 a barrel threshold.
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By Darrell Delamaide, Oilprice.com |
March 1, 2010
Crude oil broke through the $80 a barrel ceiling repeatedly last week, but kept falling back as hedge funds placed big bets on the euro's decline.
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By Darrell Delamaide, Oilprice.com |
February 6, 2010
After starting the week on a firmer note, oil prices fell sharply toward the end of the week in a general market sell-off as investors sought the dollar as a safe haven.
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By Darrell Delamaide |
January 29, 2010
Crude oil futures slipped below $73 a barrel for West Texas Intermediate late Friday as a temporary boost from strong GDP figures failed to last and let prices sink to a one-month low.
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By Darrell Delamaide |
January 24, 2010
New measures by Chinese authorities to curb bank lending reversed a rally in energy prices early in the week, bringing West Texas Intermediate futures down more than 4%.
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By Darrell Delamaide, Oilprice.com |
January 16, 2010
Crude oil futures fell for five straight sessions as warmer weather in the U.S. dispelled forecasts of unusually low temperatures.
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By Darrell Delamaide |
January 11, 2010
The debate as to whether hedge funds impact energy trading has come to resemble the medieval theological dispute about how many angels can dance on the head of the pin.