Oil Declines a Third Day as Greek Referendum Plan Raises Risk of Default
Oil – Bloomberg reported that oil prices dropped for a third consecutive day over European debt concerns.
Articles Tagged "oil markets"
How Logical is the Link Between Oil and the Dollar?
Oil – Reuters reports the International Energy Agency (IEA) will announce the results of its 30-day review of an emergency reserves release.
Buckeye Partners, L.P. Acquires Refined Petroleum Products Terminals and Pipeline in Maine
Oil – Buckeye Partners, L.P. (NYSE:BPL) reports it has acquired two petroleum products terminals and a pipeline.
Simba Energy Inc. Finalizing Onshore Liberian PSC Application
Oil – Simba Energy Inc. (CVE:SMB) reports its finalizing an onshore Liberian PSC application.
Oil Steadies as US Holiday Curtails Trade
Oil – Reuters Africa reports that oil prices steadied on Monday as the US took a holiday slowing trade.
Crude Oil in Corrective Recovery
Oil – The Street reports that crude oil is in corrective recovery and is expected to stay there for the short-term.
Russian Stocks Rise Fifth Day on $95 Crude Oil, Greece Bailout
Oil – Bloomberg reports that Russian stocks are up for the fifth day as crude oil rose to $95 a barrel.
Buoyant Oil Stocks Power FTSE Past 6,000
Oil – Reuters reports that integrated oil stocks helped Britain's top shares end higher on Monday.
Key ‘Tell’ to Determine if Oil Goes Any Lower
Oil – CNBC reports that the sharp decline in oil in addition to the release of oil by the SBR may cause oil prices to drop to $85.
IEA Move Seen as ‘Teasing,’ Not Easing
Oil – CNBC reports that the decision by the International Energy Agency (IEA) to release an additional oil into the market is teasing.
