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Posts related to ‘Brent crude price’

Crude Shakes Off Gains; India Cancels Iran Shipments

The $125 billion bailout of Spain’s banks put some life in US stocks this morning, and boosted Brent crude prices to more than $102/barrel before tumbling back to below $98/barrel ...
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Crude Price Down 20% from 2012 Peak, Pump Price Drop Lags

WTI crude hit a high for the year of just over $110/barrel in February. WTI closed at just under $88/barrel last night. The price for Brent crude has fallen from ...
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Pipeline Reverses Refiners Fortunes… An Apparent Overreaction (ENB, COP, VLO, MPC, TSO, WNR, CVI, XOM, CVX, BP, EPD, TRP, RDS-A)

The announcement from Enbridge Inc. (NYSE: ENB) that it would acquire the 50% stake in the Seaway pipeline system owned by ConocoPhillips Corp. (NYSE: COP) and reverse the pipeline's flow ...
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Commodities Watch: Goldman Sachs Cashes Out; Oil Prices Could Slow Global Economy or Lead to Demand Destruction or Both (GS, CORN, BAL, GLD, SLV, CVX, XOM, COP, USO)

Today's commodities news leads off with report that Goldman Sachs Group Inc. (NYSE: GS) and its leading commodities strategist are recommending that investors abandon long positions in copper and platinum ...
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Commodities Watch: Corn Price Sets New Record; Cocoa Prices Falling; WTI Crude Could Drop Significantly (DBA, MOO, TSN, SFD, HRL, DE, CNH, AGCO, MOS, HSY, KFT, GLD, SLV, GDX, GDXJ, SIL, USO)

Time for our daily look at the world of commodity prices and key developments. Corn futures continue their seemingly inexorable march toward $8/bushel as wet and windy weather in the ...
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