CL Redux
- Thread starter schizo
- Start date
i think i want short gasoline.
Stopped out on this one. See what we get here. I hear Bernanke is speaking later.
GM
News Highlights: Top Energy Stories Of The Day
Last update: 2/7/2012 9:02:10 AM
TOP STORIES
Xstrata, Glencore Set Merger Terms
Anglo-Swiss miner Xstrata formally announces plans to merge with commodities titan Glencore International to create a $90 billion, sector-straddling giant.
Oil Prices Mixed In Choppy Trade
Oil futures are mixed in choppy trade, as European benchmark Brent crude, continues to outperform U.S.-traded West Texas Intermediate oil futures, pressured again by rising oil stocks in the U.S.
BP Beats Earnings Expectations
BP raises its dividend for the first time since it resumed payouts in the wake of the Deepwater Horizon tragedy, a move that the U.K. energy giant says reflects its return to "operational momentum." BP posts a 14% rise in adjusted net profit.
Iran Plans To Curb Crude Exports, Boost Refining
Iran plans to curb its crude oil exports and compensate with higher sales of refined products, the country's oil minister says, as the country seeks to adapt to mounting international sanctions.
Kogas, Mitsui, Japex In Talks On InterOil Project
Korea Gas is in talks with two Japanese companies on a bid to join InterOil's proposed multibillion dollar gas-export project in Papua New Guinea, a person familiar with the matter says.
Shell Opens Jetty In Iraq Shat-al-arab Waterway
Shell opens a jetty in the Shat-al-arab waterway, to facilitate shipment of equipment to develop the super-giant Majnoon oil field in southern Iraq, the company's general manager of the field says.
Technical Problems Halt Gas Supply To Greece
Turkey halts its gas supply to Greece after technical problems stop delivery of gas to Turkey from Azerbaijan and Iran, Turkish television NTV reports, citing Turkish energy ministry officials.
Cambodia To Issue Oil License To Chevron
Cambodia plans to issue a license this year to Chevron allowing it to produce oil at the country's block in the Gulf of Thailand.
Rise In Oil Thefts Threaten Nigerian Output
Royal Dutch Shell's unit in Nigeria says a rise in thefts of crude from its new Nembe Creek pipeline is jeopardizing the production and export of oil in Nigeria's Niger Delta.
Anadarko Swings To 4Q Loss
Anadarko Petroleum reports a loss of $358 million on Deepwater Horizon disaster-related settlement charges and asset write-downs, but adjusted earnings rise to 85c a share and revenue climbs 43% to $3.84 billion, topping Street estimates. Shares rise 2% after hours.
S&P Lowers Chesapeake Outlook To Negative
Standard & Poor's Ratings Services lowers its outlook on Chesapeake Energy to negative from stable, pointing to a slump in natural-gas prices that could pressure its cash flow.
US Retail Gasoline Prices Rise In Week
The national average retail price of regular gasoline rises 4.3c a gallon to $3.482 in the week ended Monday, the Energy Information Administration says. Prices are the highest since Sept. 26.
News Highlights: Top Energy Stories Of The Day
Last update: 2/7/2012 9:02:10 AM
TOP STORIES
Xstrata, Glencore Set Merger Terms
Anglo-Swiss miner Xstrata formally announces plans to merge with commodities titan Glencore International to create a $90 billion, sector-straddling giant.
Oil Prices Mixed In Choppy Trade
Oil futures are mixed in choppy trade, as European benchmark Brent crude, continues to outperform U.S.-traded West Texas Intermediate oil futures, pressured again by rising oil stocks in the U.S.
BP Beats Earnings Expectations
BP raises its dividend for the first time since it resumed payouts in the wake of the Deepwater Horizon tragedy, a move that the U.K. energy giant says reflects its return to "operational momentum." BP posts a 14% rise in adjusted net profit.
Iran Plans To Curb Crude Exports, Boost Refining
Iran plans to curb its crude oil exports and compensate with higher sales of refined products, the country's oil minister says, as the country seeks to adapt to mounting international sanctions.
Kogas, Mitsui, Japex In Talks On InterOil Project
Korea Gas is in talks with two Japanese companies on a bid to join InterOil's proposed multibillion dollar gas-export project in Papua New Guinea, a person familiar with the matter says.
Shell Opens Jetty In Iraq Shat-al-arab Waterway
Shell opens a jetty in the Shat-al-arab waterway, to facilitate shipment of equipment to develop the super-giant Majnoon oil field in southern Iraq, the company's general manager of the field says.
Technical Problems Halt Gas Supply To Greece
Turkey halts its gas supply to Greece after technical problems stop delivery of gas to Turkey from Azerbaijan and Iran, Turkish television NTV reports, citing Turkish energy ministry officials.
Cambodia To Issue Oil License To Chevron
Cambodia plans to issue a license this year to Chevron allowing it to produce oil at the country's block in the Gulf of Thailand.
Rise In Oil Thefts Threaten Nigerian Output
Royal Dutch Shell's unit in Nigeria says a rise in thefts of crude from its new Nembe Creek pipeline is jeopardizing the production and export of oil in Nigeria's Niger Delta.
Anadarko Swings To 4Q Loss
Anadarko Petroleum reports a loss of $358 million on Deepwater Horizon disaster-related settlement charges and asset write-downs, but adjusted earnings rise to 85c a share and revenue climbs 43% to $3.84 billion, topping Street estimates. Shares rise 2% after hours.
S&P Lowers Chesapeake Outlook To Negative
Standard & Poor's Ratings Services lowers its outlook on Chesapeake Energy to negative from stable, pointing to a slump in natural-gas prices that could pressure its cash flow.
US Retail Gasoline Prices Rise In Week
The national average retail price of regular gasoline rises 4.3c a gallon to $3.482 in the week ended Monday, the Energy Information Administration says. Prices are the highest since Sept. 26.
That seems right. Strong today. May have seen a short term bottom earlier. See what tomorrow's EIA report brings. No other economic news today really other than consumer credit later in the day. That's all.
ADD: Or looking at a daily chart maybe it goes to 93. See what happens. Risk's 94 put maybe still in play.