Oil Gauge News
- Japan Nuclear Disaster Update 31: Radioactive stuff spreads, questions multiply [Greg Laden's Blog] Sunday, July 17, 2011 @ 2:17PMThe International Atomic Energy Association has issued its last report on Fukushima on June 2nd and appears to not be keeping their web site up to date any more. This is the last time I'll be checking with them unless I hear otherwise. The email scandal reported last time continues "Analysts say the scandal reflects panic in Japan's atomic power industry, long coddled by political, corporate and ...
- Officials deciding on oil spill recovery projects for Mississippi Sunday, July 17, 2011 @ 1:15PMWASHINGTON -- Officials are selecting oil spill recovery projects for Mississippi, which will be funded by $100 million provided by BP PLC, and work on them is projected to start by early 2012, according to Mississippi's leader in the process.
- Forex - EUR/USD weekly outlook: July 18 - 22 Sunday, July 17, 2011 @ 10:11AMForexpros - Last week saw the euro decline against the U.S. dollar for the second consecutive week, as ongoing fears over sovereign debt contagion in euro zone outweighed concerns over a possible
- Forex - GBP/USD weekly outlook: July 18 - 22 Sunday, July 17, 2011 @ 9:41AMForex - GBP/USD weekly outlook: July 18 - 22
- Forex - AUD/USD weekly outlook: July 18 - 22 Sunday, July 17, 2011 @ 8:41AMForexpros - Last week saw the Australian dollar retreat from a nine-week high against its U.S. counterpart, as concerns over the pace of the global economic recovery dampened demand for
- Forex - NZD/USD weekly outlook: July 18 - 22 Sunday, July 17, 2011 @ 7:56AMForexpros - Last week saw the New Zealand dollar rally to a 26-year high against its U.S. counterpart, after official data showed that the country's economy grew more-than-expected in the first
- The US Economy: R.I.P. Deflation Sunday, July 17, 2011 @ 7:44AMDespite a big 4.4% drop off from energy prices in June following a 1.0% fall in May, the latest BLS data showed that the Consumer Price Index (CPI) for June was still up 3.6% year-over-year.
- Forex - USD/CAD weekly outlook: July 18 - 22 Sunday, July 17, 2011 @ 7:41AMForexpros - The Canadian dollar closed the week at a nine-week high against its U.S. counterpart, as mounting fears over a potential U.S. sovereign debt default weighed on the greenback.
- Forex - USD/CHF weekly outlook: July 18 - 22 Sunday, July 17, 2011 @ 5:41AMForexpros - Last week saw the U.S. dollar slump to a record low against the Swiss franc, as growing fears over a potential U.S. sovereign debt default and lingering concerns over the euro zone's
- Forex - USD/JPY weekly outlook: July 18 - 22 Sunday, July 17, 2011 @ 5:11AMForexpros - Last week saw the U.S. dollar stumble to a four-month low against the yen mid-week, before paring losses, after Japan's Finance Minister said the yen's strength did not reflect
- Bovespa Index Declines as World Growth Concern Outweighs Brazil Inflation Saturday, July 16, 2011 @ 12:13PMThe Bovespa index recorded its fifth weekly decline in six as global economic growth concerns overshadowed a report that showed Brazilian inflation fell more than forecast this month.
- Cost of gas heads up again Saturday, July 16, 2011 @ 3:26AMSTOCKTON - After dropping consistently for nine straight weeks, prices at gas pumps around Stockton and San Joaquin County have begun to turn upward again - a disheartening scenario for consumers who are confronted with it every day they go out driving.
- Oil prices rebound from sell-off Saturday, July 16, 2011 @ 12:15AMNEW YORK, Jul 15, 2011 (AFP) - Oil prices rebounded in New York on Friday after the European Union released the results of closely watched bank stress tests, revealing that its banks had fared better than expected.
- Stocks Rise, But Debt Ceiling Jitters Persist Friday, July 15, 2011 @ 5:47PMNEW YORK (CNNMoney) -- U.S. stocks posted solid gains on Friday as corporate profits helped offset the ongoing uncertainty regarding the U.S.'s debt ceiling.
- U.S. Economy: Inflation Measure Rises, Manufacturing Stalls Friday, July 15, 2011 @ 5:01PMA measure of consumer prices climbed more than forecast in June and manufacturing stalled, highlighting the dilemma faced by Federal Reserve policy makers as they seek to boost growth without stoking inflation.
- India’s Sensex declines first time in 4 weeks on global slowdown fears Friday, July 15, 2011 @ 4:20PMBloomberg/Mumbai India’s benchmark stock index fell, halting three weeks of gains, as investors sold riskier assets amid concern a global slowdown will hurt corporate earnings.
- AM Doha Time Friday, July 15, 2011 @ 4:20PMThe MSCI Asia Pacific Index fell 0.01 point, or less than 0.1%, to 135.69 in Tokyo. About five stocks rose for every four that fell.
- TSX sails to daily gain, but first weekly loss in four Friday, July 15, 2011 @ 4:08PMMarkets were unfazed by the results of European bank stress tests Friday, leaving Canada’s benchmark index on course for a 46.62-point gain, lifted by rising oil prices, solid U.S. earnings from Google and Citibank, and two large merger offers
- World stocks weaken Friday, July 15, 2011 @ 6:43AMWorld stock markets sputtered Friday as investors weighed positive economic indicators against a new warning on US debt. In early European trading, Britain's FTSE 100 fell 0.5 percent to 5,815.75, France's CAC 40 slipped 0.8 percent to 3,722.98 and Germany's DAX shed 0.8 percent at 7,160.35.
- World stocks weak as debt warnings, data weighed Friday, July 15, 2011 @ 6:42AMWorld stock markets sputtered Friday as investors weighed positive economic indicators against a new warning on U.S. debt.
- Nigeria: Still On Infrastructure Deficits (1) Friday, July 15, 2011 @ 5:17AMThe penultimate paragraph of last week's column subject summarized its thrust - that infrastructure is critical to human and economic development and is the catalyst for attracting investment. It is what defines a nation's competitive environment and is vital in addressing unemployment today and in the future.
- Just back: Scotland's city of secrets Friday, July 15, 2011 @ 5:09AMRichard Dakin wins this week's travel writing competition for this evocative snapshot of Edinburgh.
- U.S. Stock Futures Are Little Changed as Google, Petrohawk Energy Rally Friday, July 15, 2011 @ 4:58AMU.S. stock-index futures were little changed, with the Standard & Poor’s 500 Index headed for its largest weekly drop in 11 months, as investors awaited the results of stress tests on European banks.
- Asian stocks mixed as debt warnings weighed Friday, July 15, 2011 @ 4:36AMAsian stocks markets were mixed Friday as investors weighed positive economic indicators against a new warning on U.S. debt.
- World stocks weak as stronger US economic data weighed against second debt warning Friday, July 15, 2011 @ 4:14AMTOKYO - World stock markets sputtered Friday as investors weighed positive economic indicators against a new warning on U.S. debt. In early European trading, Britain's FTSE 100 fell 0.5 per cent to 5,815.75, France's CAC 40 slipped 0.8 per cent to 3,722.98 and Germany's DAX shed 0.8 per cent at 7,16
- Valley gas prices expected to stabilize Friday, July 15, 2011 @ 3:26AMWeeks of declining gasoline prices have finally come to an end, but a surge toward the opposite direction doesn't appear to be on the horizon for the Coachella Valley.
- Asian stocks mixed as debt warnings, data weighed Friday, July 15, 2011 @ 3:24AMAsian stocks mixed as stronger US economic data weighed against second debt warning
- European Stocks Slide, Extending Biggest Weekly Drop Since March Friday, July 15, 2011 @ 3:01AMEuropean stocks fell for a second day amid speculation stress tests on the region’s banks may show they have insufficient capital to weather the fiscal crisis. Asian shares and U.S. index futures were little changed.
- Big oil firms not on course to splitsville Thursday, July 14, 2011 @ 4:40PMCALGARY, Alberta (Reuters) - Canada's integrated oil companies are likely to stick to their diversified structures rather than follow U.S. counterpart ConocoPhillips with a split, as their refining businesses act as a crucial hedge to their oil sands and heavy oil production.
- Brazil Growth Curbed by Inflation as BlackRock Stays Bullish Thursday, July 14, 2011 @ 3:32PMBrazil is being held back by a strengthening currency, the fastest inflation in six years and an increase in government spending, damping growth prospects in the world’s second-largest developing economy.
- Shell Seeks Best Drilling Sites in Butler, Lawrence Gas Fields Thursday, July 14, 2011 @ 2:34PMBill Langin is playing a giant game of Battleship in Butler and Lawrence counties, using a drill rig to plot targets in the Marcellus shale.
- Brazil Growth Held Back by Inflation as BlackRock Stays Bullish Thursday, July 14, 2011 @ 2:17PMBrazil is being held back by a strengthening currency and the fastest inflation in six years, damping growth prospects in the world’s second-largest developing economy.
- Alabama official optimistic about joint oil spill recovery talks Sunday, July 10, 2011 @ 5:42AMTalks among Gulf states and the federal government over how to use oil spill environmental restoration money have "been fantastic" and largely avoided the cross-state conflicts that slowed action elsewhere, according to Alabama's representative in the process.
- Forex - USD/CHF weekly outlook: July 11 - 15 Sunday, July 10, 2011 @ 5:26AMForexpros - The U.S. dollar closed trading at a six-day low against the Swiss franc on Friday, after U.S. government data showed that non-farm payrolls rose significantly less-than-expected in
- Forex - USD/JPY weekly outlook: July 11 - 15 Sunday, July 10, 2011 @ 4:41AMForexpros - Last week saw the U.S. dollar end lower against the yen, after Friday's disappointing U.S. non-farm payrolls report sparked fears that the U.S. economic recovery is losing momentum.
- Forex - Weekly outlook: July 11 - 15 Sunday, July 10, 2011 @ 3:56AMForexpros - The U.S. dollar weakened against its major counterparts on Friday, after June's disappointing U.S. non-farm payrolls report, while the euro was pressured lower amid concerns over
- Tests yield more clues about New Mexico brine well cavern Sunday, July 10, 2011 @ 1:22AMALBUQUERQUE, N.M. (AP) - The results are in from the latest battery of high-tech tests, but scientists still cannot rule out the possibility that a cavern formed by a brine well operation near a busy Carlsbad intersection might one day collapse.
- Chevrolet, Nissan both confident of winning battle for green-car drivers Sunday, July 10, 2011 @ 12:00AMEarly buyers of both the Chevrolet Volt and Nissan Leaf often traded in a Toyota Prius . They're fans of solar power. And most of them are men.
- Hub of art Saturday, July 9, 2011 @ 7:22PMFrom things that would usually end up in landfills, comes quirky entertainment for eye and heart.
- South Sudan: After Celebrations, the Scramble for South Sudan Begins Saturday, July 9, 2011 @ 3:33PMThe world celebrates the birth of South Sudan as a new nation.
- 'The Man in the Rockefeller Suit' review: All dressed up, with plenty of people to con Saturday, July 9, 2011 @ 1:36PMAnne Saker reviews "The Man in the Rockefeller Suit," by Mark Seal.
- Stocks, Commodities Rally on U.S. Job Growth; Euro Strengthens Thursday, July 7, 2011 @ 3:46PMStocks rallied, sending U.S. benchmark indexes to two-month highs, and commodities rose as data on jobs and retail sales bolstered optimism in the economy. The euro climbed versus the dollar after the European Central Bank signaled more interest-rate increases.
- Stocks, Commodities Rally on U.S. Job Growth; Euro Recovers Thursday, July 7, 2011 @ 2:45PMStocks rallied, sending the Standard & Poor’s 500 Index to a two-month high, and commodities rose as data on jobs and retail sales bolstered optimism in the economy. The euro climbed versus the dollar after the European Central Bank loosened collateral rules for Portuguese bonds.
- Mike Niehuser: Mining Stocks Not Reflecting Record Gold Prices Thursday, July 7, 2011 @ 12:31PMUncertainty will certainly push gold prices higher. In this exclusive interview with The Gold Report, Mike Niehuser, founder of Beacon Rock Research, LLC, is bullish on gold and well-managed producers, advanced development and exploration companies.
- ISEQ rebound loses steam after ECB Thursday, July 7, 2011 @ 11:50AMThe ISEQ made only very modest gains from earlier sharp losses after a keenly awaited decision on interest rates from the ECB. The index rose 8.38 points to 2,968.17.
- Crude Oil Gains on ADP Jobs Report, Gold Upswing Finds Resistance Thursday, July 7, 2011 @ 8:14AMCommodities - Energy Crude Oil Gains on ADP Jobs Report WTI Crude Oil (NY Close): $96.65 // -0.24 // -0.25% Positioning is little changed from yesterday,
- Stocks, Commodities Rise After ADP Report; Debt Risk Climbs Thursday, July 7, 2011 @ 8:14AMStocks rallied, sending the Standard & Poor’s 500 Index to an almost two-month high, and commodities rose as data on jobs and retail sales bolstered optimism in the economy. The euro fell as the region’s debt crisis overshadowed a European Central Bank interest-rate increase.
- TSX ends six-session string of gains Thursday, July 7, 2011 @ 7:43AMThe Toronto stock market closed lower Wednesday, weighed down by energy and mining stocks as commodity prices declined amid another wave of pessimism over the European government debt crisis and the latest move to slow the Chinese economy.
- Nigeria: Jonathan Sees Agriculture As Economic Booster Thursday, July 7, 2011 @ 7:30AMDetermined to ensure that the Nigerian economy becomes less dependent on the oil and gas sector, President Goodluck Jonathan has said that agriculture holds a better promise in the march towards growing the economy than the oil and gas sector as it provides more employment as well as ensures food security.
- Bulls Charge After Jobs, Retail Sales Data Boost Sentiment Thursday, July 7, 2011 @ 7:23AMEncouraging data on the labor market and retail sector stoked traders' confidence in the economic recovery, propelling the markets far into the green.