US Cash Products-Strong futures dampen trade, diffs
Friday, June 6th, 2008“Oil people are lost and confused,” said one Houston-based oil products broker, who cited high futures and lack of shipping on the Colonial Pipeline, …
Archive for the 'Oil Prices' Category
Chevron to help Kazakhstan skirt Russia with pipeline
Friday, June 6th, 2008Chevron will help Kazakhstan’s state oil company build a $1.5 billion pipeline from the nation’s biggest producing field to the Caspian Sea, …
Some oil pundits see crude hitting $140 or more
Friday, June 6th, 2008, one of Wall Street’s biggest energy traders, was even more bullish, saying on Friday that crude may reach $150 by July 4 due to robust Asian demand and falling inventories. “The …