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Morgan Stanley: Any Oil Relief Will Be 'Short Lived,' Gas Still Challenged
Monday, December 22, 2014 - 11:54am | 251Read More...Adam Longson of Morgan Stanley commented in a note on Monday that gas headwinds will persist through the year-end, creating an uptick in the risk-reward profile in 2015. According to Longson, January 15 Henry Hub has fallen approximately 23 percent from late November highs as supply growth and a...
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Energy ETFs Surge Into High-Demand Summer Months
Tuesday, June 10, 2014 - 4:05pm | 501Read More...With the summer driving season rapidly approaching and growing demand reducing energy stockpiles, the price of crude oil has continued to surge higher. As of Tuesday, the price of West Texas Intermediate Crude Oil was nearing the significant $105 mark, ahead of the Department of Energy...
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U.S. Gas Prices Expected To Be Slightly Lower This Summer
Monday, April 14, 2014 - 2:53pm | 488Read More...A combination of increased supply and relatively static demand should reportedly help keep gas prices stable , as the nation enters into the prime, summer driving months. According to the Department of Energy's forecast, regular gasoline retail prices are expected to average around $3.57 a...
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Exxon Mobil Or Chevron: Which Is The Better Bet?
Wednesday, January 22, 2014 - 4:29pm | 563Read More...During the run up in price of oil, during the 2007 and 2008 timeframe, it seemed like every other financial news article featured Exxon Mobil (NYSE: XOM) or another big oil company. In fact, Exxon was the most valuable company in the world at the time. While it seems that the talk of Wall...
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New Milestones for Alternative Fuel Autos
Tuesday, November 5, 2013 - 5:21pm | 667Read More...More signs the international automotive industry is investing heavily in the future of alternative vehicles. On Tuesday, Mitsubishi Motors (OTC: MMTOF) and the Renault-Nissan Alliance announced plans to share “products, technologies and manufacturing capacity among the automakers.” And...
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Market Wrap For Tuesday, September 10: Once Again, China Moves Markets Higher
Tuesday, September 10, 2013 - 4:22pm | 718Read More...The day kicked off higher and continued to dive forward, marking the sixth straight day of gains. After struggling in August, the equities have recovered almost all lost value. Major Indexes The Dow rose 127.86 points, or 0.85 percent to close at 15,190.98. The S&P 500 added 12.28...
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Crude Oil Futures Drop Because Of Strong Gasoline Supply
Wednesday, October 28, 2009 - 11:37am | 49Read More...Oil Prices continued to fall after the Energy Department reported an increase in Crude Oil and Gasoline Supply. Crude Oil Supplies increased by 800,000 barrels, while Gasoline Supplies grew by 1.6 million barrels. In the New York Mercantile Exchange, the Price for Crude oil in December went...
