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Tuesday November 24, 2009
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OPEC & Stock Market News is an EIN News Service for energy industry professionals. Constantly updated news and information about energy.
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Latest OPEC & Stock Market News

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  • Oil prices rally as stock markets rise 16 Nov 2009 11:36 GMT
    ... Oil prices rally as stock markets rise Oil prices advanced today, in line with rising global stock markets, as OPEC signalled that $75-80 a barrel was a satisfactory level for crude. New York's main ...

  • Oil falls more than $US2, eyes equities, US dollar 19 Nov 2009 20:19 GMT
    ... "Crude futures are down today because the stock market is under selling pressure as investors are assessing ... $US7 band. On the supply side, the Organization of the Petroleum Exporting Countries should hold ...

  • Oil falls more than $2, eyes equities, dollar 19 Nov 2009 19:34 GMT
    ... "Crude futures are down today because the stock market is under selling pressure as investors are assessing ... $7 band. On the supply side, the Organization of the Petroleum Exporting Countries should hold ...

  • Oil falls more than $2 on equities, dollar 19 Nov 2009 22:12 GMT
    ... "Crude futures are down today because the stock market is under selling pressure as investors are assessing ... $7 band. On the supply side, the Organization of the Petroleum Exporting Countries should hold ...

  • Dollar doing the right thing 18 Nov 2009 10:10 GMT
    ... says, the Organization of Petroleum Exporting Countries (OPEC) publishes its benchmark reference price for crude ... the lows in many of the world's stock markets - the US Dow Jones Industrial Average hit its low, at 6,544, last March ... that rises along with volatility in the stock market. In most cases, high VIX readings are ...

  • 'This time it's different' are still the four most dangerous words in investing 19 Nov 2009 11:53 GMT
    ... in the developed world looks like in stock market terms. Then, the combination of an Opec oil embargo, inflation and recession caused corporate ... inflation and recession caused corporate profits and stock markets to fall worldwide. In Britain, things were uniquely poor. In 1973, the imposition ...

  • The four most dangerous words in investing 19 Nov 2009 12:58 GMT
    ... in the developed world looks like in stock market terms. Then, the combination of an Opec oil embargo, inflation and recession caused corporate ... inflation and recession caused corporate profits and stock markets to fall worldwide. In Britain, things were uniquely poor. In 1973, the imposition ...

  • Oil rises above $77 as traders eye dollar, demand 16 Nov 2009 08:23 GMT
    ... again on Wednesday, a level that even OPEC leaders have said is too high given ... increases. Oil nears $80 a barrel amid stock market surge Oil prices climbed toward $80 a ... crude investors eyed a surge in global stock markets. Benchmark crude for December delivery was up 34 cents to $79.96 a ...

  • AAA: Ohio gas prices down 10 cents from last week 16 Nov 2009 16:25 GMT
    ... price. Oil nears $80 a barrel amid stock market surge Oil prices climbed toward $80 a ... crude investors eyed a surge in global stock markets. Benchmark crude for December delivery was up 34 cents to $79.96 a ... again on Wednesday, a level that even OPEC leaders have said is too high given ...

  • Oil prices wobble on recovery concerns 20 Nov 2009 21:35 GMT
    ... had hoped. The oil market "followed the stock market and the dollar," said analyst Andy Lipow of Lipow Oil Associates. The dollar, a ... in the week ending November 13. Meanwhile, OPEC president Jose Maria Botelho de Vasconcelos has ...

  • Oil prices rally 16 Nov 2009 11:14 GMT
    ... An oil platform located in the Gulf of Mexico. Oil ... on Monday, in line with rising global stock markets, as OPEC signalled that 75-80 dollars a barrel was ...

  • Oil Production is Reaching its Limit: The Basics of What This Means 16 Nov 2009 17:15 GMT
    ... benefits—higher reported GDP, rising home prices, rising stock market prices, and increased ability of homeowners to draw down the rising equity or ... by the Organization of Petroleum Exporting Countries (OPEC). These reserve amounts are unaudited, and are ...

  • The Next Three Booming Sectors 19 Nov 2009 17:56 GMT
    ... Over the last 10 years the stock market has returned 0%. But with a little guidance you could have done much better... Energy ... accomplished. China is to rare earths what OPEC is to oil. Only stronger. Back in ...

  • Oil prices hit new high 19 Nov 2009 19:17 GMT
    ... Oil prices rose to a new six-month high ahead of the meeting of the Opec oil cartel in Vienna. Crude oil for ... prices tracked a sharp rise in US stock markets after better than expected consumer confidence data. Traders also reacted to reported ...

  • Globalization and terror: Dollar militarism, ALBA humanism 17 Nov 2009 14:33 GMT
    ... 1% - and game it in the stock market, in commodities markets, in currency markets. They do all kinds of things ... Ecuador and Venezuela are both members of OPEC. ALBA's example is likely to be an ...


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