Crude Oil on the Last Day of the Year

Lind-Waldock Strategist Richard Ilczyszyn discusses the energy futures markets. Topics covered: Energy Markets on the Last Day of the Year.

Oil Could Push to $110: Charts

Dec. 30 2010 | It's "certainly possible" that the price of a barrel of oil will push above $100 a barrel, Daryl Guppy, CEO of Guppytraders.com, told CNBC Thursday. "Once you move above $100, then $110 is just clear freeway straight to that level," Guppy added.

Oil tycoon Khodorkovsky found guilty in second trial

Former tycoon Mikhail Khodorkovsky has been found guilty of stealing oil and laundering the proceeds. It's among the verdicts being delivered during his second trial in Moscow. The former head of the oil giant Yukos is already in prison for tax evasion and fraud.

Crude Oil Trades Near $92 a Barrel

Lind-Waldock Strategist Richard Ilczyszyn discusses the energy futures markets. Topics covered: Crude oil market analysis; Stock market analysis

Blowout: Is Canada Next ?

On April 20, 2010, BP's Deepwater Horizon rig exploded unleashing 5 million barrels of oil into the Gulf of Mexico. It has been nothing short of catastrophic, causing extensive damage to marine and wildlife habitat, as well as to the Gulf's fishing and tourism industries. In May 2010, Chevron began drilling Canada's deepest well off the coast of Newfoundland, begging the question: Could an oil spill of the same magnitude happen in Canada?

Blowout: Is Canada Next? , is a documentary that tracks the aftermath of the worst oil spill in U.S. history, and transposes the oil spill to Canada's Grand Banks. By documenting the latest scientific findings in the Gulf, Blowout: Is Canada Next? builds a picture of what an offshore drilling disaster would look like on Canada's East coast.

Just weeks after the Deepwater Horizon blowout in the Gulf, Chevron began drilling Canada's deepest oil exploration well off the coast of Newfoundland. Located 430 kms from shore, the Chevron well is twice as deep as BP's Deepwater Horizon well, six times further out to sea, and in much rougher seas. In the event of a blowout, it would take 11 days for emergency response ships to even reach the spill. An oil blowout off the coast of Newfoundland would decimate the world's last remaining Atlantic cod fishery, along with several species of whales, seals, turtles, coral habitats and seabirds that feed in the basin. These rich and fertile seas are the backbone to Newfoundland's tourism industry. An oil spill would create dead zones within the ocean and potentially devastate this economic mainstay that brings in over 1 billion tourist dollars annually.

Canada has entered the race to drill oil in deeper and deeper waters, but safety procedures and cleanup techniques have not kept pace with the petrochemical industry's pursuit of oil. Is it only a matter of time before an oil catastrophe happens in Canada?

Crude Oil & Energy Market Update 23 Dec 2010

Lind-Waldock Strategist Blake Robben discusses the energy markets, specifically the crude oil, natural gas and heating oil futures.

Crude Oil Rises for Fourth Day - U.S. Economic Recovery Could Fuel Demand

Lind-Waldock Strategist Blake Robben discusses the energy futures markets. Topics covered: Crude oil rises for fourth day; Energies higher, except for natural gas; China may buy some of Portugal's debt to stabilize the euro; Inventory numbers (expectations).



What is really causing Oil to go higher is the Elite thieves.. They will push oil to 200 a barrel... Get your wallet out, it's coming..

BP Oil Spill Victims Finally Receiving Payouts

BP oil spill claim checks finally start to arrive in Florida

Crude Oil Rallies on Strong Chinese Demand

Lind-Waldock Strategist Blake Robben discusses the energy futures markets. Topics covered: Energies rally on strong Chinese Demand; Cold weather in Europe; Technical analysis of energy futures markets; Buy the dip and enjoy the trip.

Crude Oil Rises on Strength of Economic Indicators

Lind-Waldock Strategist Richard Ilczyszyn discusses the energy markets, specifically crude oil futures.

U.S. Sues BP Over Spill

The U.S. attorney general says it is suing BP and others over the massive oil spill in the Gulf of Mexico.

Justice Dept Files Lawsuit Against BP For Oil Rig Explosion

December 15, 2010 MSNBC

Justice Dept Files Lawsuit Against BP For Oil Rig Explosion

Fuel Prices Pumped Up

Dec. 13 2010 | Peter Beutel, president of Cameron Hanover, tells CNBC what's behind recent fuel price increases and whether he believes oil is properly priced.

Africa and Oil

The oil industry in Africa is indicted for causing massive environmental damage, for the role of oil money in propping up corrupt regimes and for disrupting the traditional livelihoods of indigenous people. Yet it is undeniable that oil production directly benefits the economies of many African countries. If growth is not to come from oil, are the critics of Big Oil saying that Nigerians and other countries should go back to the land and develop less? Speakers in this debate include: Dara Akala Living Earth Foundation; Barnaby Briggs Shell; Joseph Hurst Croft Stakeholder Democracy Network and Dipo Salimonu Ateriba Africa Confidential.

Crude Light Ahead of OPEC

NEW YORK (TheStreet) -- Crude oil is slightly off on light volume ahead of OPEC's meeting. Ray Carbone of Paramount Options does not expect big year end moves.

Historic deal signed over Sudan oil

One of the major sticking points in the upcoming referendum on south Sudan's secession from the north is the future of Abeyi, an oil-rich border region which both sides want to control.

Solving the dispute temporarily, a deal to postpone the decision over who controls the nation's oil wealth has been postponed.

But as Al Jazeera's Anita McNaught reports from Juba, this could spell future difficulties for the country.

Oil: closes at $ 88.71

NEW YORK, Dec. 7 - Closing down for oil in New York, where prices loses 0.8% to $ 88.71 a barrel.

The Return of $100 Oil?

Dec. 3 2010 | Is oil heading back over $100 and does that threaten a fragile economic recovery? Insight with Dan Dicker, independent oil trader; Peter Beutel, Cameron Hanover and CNBC's Sharon Epperson.

Where is Crude Oil Headed?

Dec. 2 2010 | A look at where crude Oil is headed, with Addison Armstrong, Tradition Energy; Peter Costa, Empire Executions and CNBC's Sharon Epperson.

Energy Secretary on Offshore Drill Ban Extension

Dec. 2 2010 | The US will uphold a ban on offshore drilling for seven years in key areas, including the eastern part of the Gulf of Mexico, until stronger safety measures are put in place. US Energy Secretary Steven Chu discusses this and more with CNBC.

Gold, Oil, Copper All Higher as New Month Begins

Gold and oil both are advancing Wednesday as the U.S. dollar backed away from its highest levels in two weeks ahead of European officials meeting on Thursday to work on steps to keep the region's debt problems from further spreading. Copper also is higher.

Gold, in particular, has benefitted in recent days from Euro-Zone uncertainty as investors sought out presumed safe havens. At last look, February gold was up $11 to $1397.10 an ounce, the first time in more than two weeks that the yellow metal has approached the $1,400 mark.

The front-month crude oil contract is $1.27 higher at $85.37 a barrel, climbing past Tuesday's settlement price after earlier sinking to a low of $83.63 yesterday afternoon, soon after the end of the NYMEX floor session. Brent crude has followed roughly the same path in London trade overnight, with the January contract up 1.6% to $87.30 a barrel.

Copper is rising this morning after faster-than-expected manufacturing growth in China and increasing U.S. consumer confidence boosted the outlook for the global economy. The gain is boosting diversified miners, with BHP Billiton (BHP) and Rio Tinto (RIO) both climbing more than 2% in Wednesday pre-trade.

One possible limit on industrial metals today, however, could be warnings from a senior executive of JFE Steel Corp. that steel inventories in Japan are too high after an industry report this morning showed that steel stocks hit a 22-month high of 6.53 million tons at the end of October.