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Squawk Box
August 20, 2010[Story ID: 6380] Discussing oil, markets and currencies, with Carl Larry, Oil Outlooks and Opinions; Boris Schlossberg, GFT Forex and Peter Yastrow, Yastrow Origer.
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Mondays Market Moves
August 2, 2010[Story ID: 5777] Insight on futures, with Kathy Lien, GFT Forex; Carl Larry, Oil Outlooks & Opinions; and Peter Yastrow, Yastrow Origer.
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Crude oil partially recovers from plummet
July 28, 2010[Story ID: 5608] FXstreet.com (Barcelona) – Crude oil futures quickly dropped after the EIA reported a surprise increase in inventories over the week, however have since made back some of those losses as equities firm towards the end of Wall Street. At time of writing the most active crude contract for September delivery trades at [...]
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Oil plummets nearly 2% on high inventories
July 28, 2010[Story ID: 5616] FXstreet.com (Barcelona) – Crude Oil for September delivery sank more than 1% on Wednesday, after the EIA released a whopping rise in oil stock piles for the period 19-23 July, up 7.3M / barrels compared to a previous 0.4M reading. Investors were spooked by the excess of supply, forcing quotes to go [...]
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EIA Crude Oil stockpiles rise to 7.3M vs 0.4M
July 28, 2010[Story ID: 5617] FXstreet.com (Barcelona) – The EIA Crude Oil Stocks had a sharp rise to 7.3 M / barrels during the week ending in July 23. The data is unexpectedly high, if we take into account the previous number stood at 0.4M / barrels. The report indicates oversupply in US inventories, impacting negatively to [...]
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Oil prices below $80 as demand sluggish
July 27, 2010[Story ID: 5534] Oil prices are hovering just below $80 per barrel, at around $79 for September crude delivery in Tuesday’
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Oil prices below $77 per barrel
July 14, 2010[Story ID: 5101] Even though the Euro and Pound have been strong against the dollar this week, oil prices have fallen below the $77 level in Wednesday morning electronic trading on the New York Mercantile Exchange. One barrel of benchmark crude oil for August delivery is currently at $76.77, a 38 cent drop from Tuesday’
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Despite poor retail sales, oil prices near $75
June 11, 2010[Story ID: 4178] US retail sales dropped by the largest amount in eight months according to the May numbers released Friday (June 11) morning. This puts a bit of a brief damper on more upbeat economic news of late that has help keep oil prices propped up in the mid-$70s. US jobless claims numbers helped [...]
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Oil prices back above $73
May 27, 2010[Story ID: 3864] Crude oil prices climbed significantly early Thursday (May 27) morning in New York Mercantile electronic trading. After dipping below $70 for a few days thanks to European troubles and the BP oil spill, oil has returned to the $73 level based on speculator expectation for positive US economic news. While the top [...]
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Oil flat at $70.00 overnight
May 20, 2010[Story ID: 3594] FXstreet.com (Barcelona) – Oil teetered along the market on Wednesday. After an initial attempt to target higher levels topping at $72.43, oil failed to hold sparking a strong reversal. The downside move found its lowest daily level at $68.25. At present, overnight trading led a minor rise with quotes snapping back up [...]