Oil falls below $73 on Dubai default worries creditors

Crude Oil prices sank to a 6 week lows , below $73 in New York on Friday amongst fears that Dubai could default the financial markets ,It is now reported that Dubai Debt May Be Higher Than $80 Billion, the dollar jumped as investors started selling commodities and moved to safer assets.

U.S. crude for January delivery was $73.70 a barrel on the London-based ICE Futures Europe exchange, but nearly 5 percent below Wednesday's settlement. There was no settlement price on Thursday because U.S. markets were closed for Thanksgiving.
Source : Presse agencies

Bank of America Hikes S&P, Oil Forecasts

Bank of America Merrill Lynch (BAC) hiked its 12-month S&P 500 target as well as its outlook on oil prices today. BofA Merrill boosted its S&P outlook by 75 points, to 1,275.

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Cheap Oil Stocks - Global Energy Fund

Cheap Oil Stocks

Tim Guinness, portfolio manager for the Guinness Atkinson Global Energy Fund, says oil prices will remain range bound, European oil producers are cheap and natural gas stocks are a smart alternative.

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Coal is Here to Stay says Expert

Energy Expert: Coal is Here to Stay

Greensleptic.com's Scott Edward Anderson the future of investing in coal.

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Oil: future world shortages are being drastically underplayed, say experts

Clueless IEA get solution from Matt Simmons

Jim Puplava talks to Richard Loomis about NH3 and the "politicisation" of the International Energy Agency's figures.
recorded on November 14th 2009

Oil: future world shortages are being drastically underplayed, say experts

liquid ammonia as fuel
nh3

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Bucks, Bullion & Black Gold

A check on oil, gold and the dollar with Stephen Schork, of the Schork Report; Philip Gotthelf, of Equidex; and Robert Barbera, of ITG.

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Huge oil field discovered in TX but refineries closing so gas prices will jump

Tom Jeffries talks to Roger McKnight about big crude oil field found by BP in Texas, disappearing oil refineries, Cushing oil inventory, WTI and Argus, peak oil, tar sands, Sunoco in the USA and Shell and Petro-Canada in Montreal, gasoline price
recorded on November 9th 2009

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Crude Oil Dips To Close Week 06 November 2009

11/06/09 Front month crude prices took a dive this session as a rise in the US unemployment rate paved the way for concerns over a future lack of demand for energy




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Oil Prices Slip Below $78 a Barrel

Peter Beutel, president of Cameron Hanover, shares his outlook on oil prices.

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