Benchmark: Focus on Ike and Nigeria
Though ConocoPhillips (NYSE:COP) and Placid Refining Company are both receiving hundreds of thousands of barrels of crude from America’s federal reserves to continue refinery operations, and two rigs...
View ArticleBuyers To Buy If Prices Weaken
If bearish sentiment continues for a bit, expect to see a potential break below support levels around $67.35. Further declines in shipping rates due to reduced Chinese demand can be expected to...
View ArticleAdvantage: Crude
Even as investors are mulling mixed signals over crude supply numbers from the Energy Information Administration, there are clear indications that the Gulf state leaders have no plans to stop pricing...
View ArticleTemporary Oil Production Delays and Cold Temperatures Impact Prices
The Trans Alaska Pipeline was shut down on Saturday following the discover of a leak at an intake pump station at Prudhoe Bay, constricting supply in one of the United States' key oil arteries. Cold...
View ArticleEnbridge Surpasses TransCanada Corp in Race to Relieve Cushing Oil Hub
Enbridge acquire stake in a key Cushing-Gulf Coast pipeline after TransCanada’s Keystone XL pipeline ambitions are dealt a blow.Continue reading...
View ArticleConocoPhillips and BP — Stable in the Short Term
The Bedford Report released research on BP PLC (NYSE:BP,LSE:BP) and ConocoPhillips (NYSE:COP).Continue reading...
View ArticleOil Market Trends 2011
WTI-Brent crude price spread the story of 2011 for oil.Continue reading...
View ArticleIndian Company Denies $5 Billion ConocoPhillips Bid
The Financial Post reported that India's Oil and Natural Gas Corp. denied that it, along with Oil India Ltd. and Indian Oil Corp., made a $5 billion bid for Canadian oil sands assets owned by...
View ArticleDenbury to Purchase ConocoPhillips’ Rockies Oilfields
Bloomberg reported that Denbury Resources Inc. (NYSE:DNR) has agreed to purchase acreage in Montana and North Dakota from ConocoPhillips for $1.05B as part of its expansion plans in the Rocky...
View ArticleTwo Alberta Oil Sand Sites Evacuated due to Wildfire
Mining.com reported that a wildfire in northeastern Alberta has forced the evacuation of staff at two oil sands facilities, which together represent about 9 percent of Alberta's oil production.Continue...
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