Oil Trade , Refining Stocks

Refining Stocks: Oil Trade

NEW YORK (TheStreet) - Dan Dicker expert trader says to buy refining stocks when they report earnings and sell in the spring of 2010.

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Oil Prices Keep on Chugging

Oil Prices at One Year High, What's Behind the Rally? - Analysis and Discussion with Morgan Downey of Standard Chartered Bank (Bloomberg News)

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OGX Finds 1.5 Billion Barrels of Oil off Brazil Coast

Oct. 14 (Bloomberg) -- OGX Petroleo e Gas Participacoes SA, the oil firm controlled by billionaire Eike Batista, said it may have found as much as 1.5 billion barrels of crude in one of its blocks off Brazil’s southeastern coast after drilling a well.

The BM-C-43 block, located in the shallow waters of the Campos Basin, may hold between 500 million and 1.5 billion barrels, based on well information and seismic data, Rio de Janeiro-based OGX said today in a regulatory filling. The company owns all of the block, according to its Web site.
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