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crude price

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Name: crude price

First reported May 19 2013 - Updated May 19 2013 - 1 reports

Biggest Bubble About to Burst

Nothing is normal: not the economy, not the financial system, not the financial markets and not the political system. The system remains still in the throes and aftershocks of the 2008 panic and the near-systemic collapse, and from the ongoing responses ... [Published GoldSeek.com - May 19 2013]

Entities: Crude Oil, United States, crude price, Portfolio, Inflation

First reported May 19 2013 - Updated May 19 2013 - 1 reports

Tesco PLC

If 'everyone knew' the oil market was open to rigging, why did no one act?

The European commission's raids on petrol companies over alleged price fixing cast a poor light on British regulators If anyone was looking for an argument in favour of the UK continuing to hang close to our continental cousins, last week's dramatic dawn ... [Published Guardian.co.uk - May 19 2013]

Entities: Platts, Phil Clarke, Tesco PLC, BP plc

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Neste Oil Corp

Oil Price-Fix Probe Widens as Neste Helps Inquiry

May 17 (Bloomberg) -- Bloomberg's Ryan Chilcote reports on the rising popularity of chauffeur-driven cars in China and Neste Oil being asked to provide information on possible crude price fixing. He speaks on Bloomberg Television's "Countdown." (Source: ... [Published BusinessWeek - May 17 2013]

Entities: Price-Fixing, Ryan Chilcote, crude price, Neste Oil Corp, Bloomberg TV

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Kuwait Petroleum Corp

Kuwait crude price rises by 88 cents to USD 99.68 pb

KUWAIT, May 17 (KUNA) -- Kuwait Petroleum Corporation (KPC) said on Friday that the price of Kuwait's crude oil rose by USD 0.88 in Thursday's trading to settle at USD 99.68 per barrel (pb) compared with USD 99.80 a day earlier.On the international markets, ... [Published Kuwait News Agency - May 17 2013]

Entities: Kuwait Petroleum Corp, Kuwait, Kuna (United States)

First reported May 16 2013 - Updated May 17 2013 - 1 reports

Azerbaijan Petrochemicals Report Q3 2013

Azerbaijan is beginning to address major infrastructural constraints with a view to becoming a significant petrochemicals producer. Capacity utilisation at existing plants is restricted by lack of investment and maintenance, as well as the predominance ... [Published Research and Markets - May 16 2013]

Entities: Petrochemical, Azerbaijan, crude price

First reported May 16 2013 - Updated May 16 2013 - 1 reports

US Senate

Global Oil Giants, Local Big 3 Prof...

World oil prices are bloated by speculation in oil markets, and local firms Petron, Shell, and Chevron Philippines which are domestic agents of the global oil monopolies are passing on this overpricing to consumers. This has resulted in record oil industry ... [Published Bulatlat.com - May 16 2013]

Entities: Monopoly, Speculations, Oil Prices Higher, US Senate

First reported May 15 2013 - Updated May 16 2013 - 1 reports

Skype

Americans recognise UK paedo-problem, even if Plod doesn’t.

The Slog: Word reaches me that the US state department is asking very searching questions about the UK’s role in multinational child-buggery. As with the FBI’s generally accurate information on London as a money-laundering hub, the bureau’s ... [Published St George West - May 15 2013]

Entities: United Kingdom, Skype, File Sharing, HyperText Transfer Protocol

First reported May 15 2013 - Updated May 15 2013 - 3 reports

How to manipulate oil price assessments: Campbell

NEW YORK: The vulnerability of physical crude price assessments to manipulation is an open secret within the oil industry. The surprise, perhaps, is that it took regulators so long to open a formal probe.Nevertheless, the revelation that the European ... [Published Economic Times - May 15 2013]

Entities: crude price, Price Risk, Crude Oil

First reported May 14 2013 - Updated May 15 2013 - 1 reports

PIRA Energy Group's Weekly Oil Market Recap for the Week Ending May 12th, 2013

North American Midcontinent Grades Strengthen vs. Brent. NYC-based reports that crude price differentials between onshore and offshore grades continued to tighten in April. On the week, U.S. commercial oil stocks had a moderate increase, while Japanese ... [Published PRWeb - May 14 2013]

Entities: PIRA Energy Group, crude price, Ethanol, West Texas Intermediate

First reported May 15 2013 - Updated May 15 2013 - 1 reports

PGNiG Group Q1 2013 Financial Performance

The PGNiG Group has reported PLN 1.07bn in net profit for Q1 2013, relative to PLN 333m for the corresponding period of the previous year. This marked growth was made possible by the increased production and sale of oil following the launch of two strategic ... [Published Oil & Gas Eurasia - May 15 2013]

Entities: PGNiG SA, Oil Production, EBITDA, Crude Oil, Net Profit

First reported May 14 2013 - Updated May 14 2013 - 1 reports

Product Markets and Refinery Operations - May 13

Source: OPEC_RP130508 5/12/2013, Location: EuropeShare|Product markets continued losing ground in April due to sharp declines in light and middle distillate cracks, pressured by increasing supplies, along with weaker demand worldwide. Refinery margins ... [Published Gulf Oil And Gas - May 14 2013]

Entities: Refinery, Fuel Oil, Gasoline

First reported May 14 2013 - Updated May 14 2013 - 1 reports

First quarter sales and net profit drop for Romania?s OMV Petrom

The sales and net profit of Romanian oil and gas company OMV Petrom both fell by 4 percent in the first quarter of 2013, to EUR 1.31 billion, and EUR 303 million, respectively.The company posted lower gas sales versus the first quarter of 2012, due to ... [Published Romania Business Insider - May 14 2013]

Entities: PETROM SA, Romania, Net Profit

Quotes

...Reuters, which also competes with Platts and others on providing energy news and data – said this a few days ago in a little-noticed commentary: "The vulnerability of physical crude price assessments to manipulation is an open secret within the oil industry. The surprise is that it took regulators so long to open a formal probe."

If 'everyone knew' the oil market was open to rigging, why did no one act? [Published Guardian.co.uk - May 19 2013]

"In terms of financial performance, this was yet another good quarter for the Company. Thanks to considerably higher oil production resulting from our two recently completed projects, we posted much better results. It is also important to note that all of our business segments reported improved performance at the end of the first quarter. With the stable crude price and steady foreign exchange rates, we were able to keep the Group's costs under control. The market then acknowledged PGNiG's robust financial standing with the"

PGNiG Group Q1 2013 Financial Performance [Published Oil & Gas Eurasia - May 15 2013]

"However, the average price of Azeri Light oil exceeds the price indicated in the state budget, and the International Monetary Fund (IMF) forecasts the world crude price at an average of $102 in 2013" a government source told the Baku-based Trend news agency

Azerbaijan expects increase in income tax transfers from ACG contractors [Published Azer News - May 14 2013]

"We hope to find a solution at the next OPEC meeting" he added

Oil falls on demand concerns, strong dollar [Published XinMsn - May 13 2013]

More Content

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Oman’s GDP grew by 5.0% in 2012; expected to gr... [Published Times of Oman - 23 hours ago]
Oman GDP grew by 5.0% in 2012; expected to grow... [Published Arab Finance - May 20 2013]
Is EVERY Market Rigged? [Published The Big Picture Blog - May 20 2013]
PDB 2014 Diperkirakan 6,9 Persen [Published Market Plus Indonesia - May 20 2013]
Is EVERY Market Rigged? [Published RINF.com - May 20 2013]
Is EVERY Market Rigged? [Published Zero Hedge - May 20 2013]
Bahrain nonoil trade... [Published Arab News - May 19 2013]
Biggest Bubble About to Burst [Published GoldSeek.com - May 19 2013]
If 'everyone knew' the oil market was open to r... [Published Guardian.co.uk - May 19 2013]
Where Are Oil Prices Headed In 2013? [Published Gulf Business - May 18 2013]
The Biggest Financial Bubble About to Burst! [Published Market Oracle - May 17 2013]
Kuwait crude price rises by 88 cents to USD 99.... [Published Kuwait News Agency - May 17 2013]
Oil Price-Fix Probe Widens as Neste Helps Inquiry [Published BusinessWeek - May 17 2013]
Azerbaijan Petrochemicals Report Q3 2013 [Published Research and Markets - May 16 2013]
Global Oil Giants, Local Big 3 Prof... [Published Bulatlat.com - May 16 2013]
U.S. cash crude differentials stronger on wider... [Published London South East - May 15 2013]
How to manipulate oil price assessments: Campbell [Published Economic Times - May 15 2013]
COLUMN-How to manipulate oil price assessments:... [Published XE - May 15 2013]
COLUMN-How to manipulate oil price assessments:... [Published London South East - May 15 2013]
Americans recognise UK paedo-problem, even if P... [Published St George West - May 15 2013]
PGNiG Group Q1 2013 Financial Performance [Published Oil & Gas Eurasia - May 15 2013]
Product Markets and Refinery Operations - May 13 [Published Gulf Oil And Gas - May 14 2013]
PIRA Energy Group's Weekly Oil Market Recap for... [Published PRWeb - May 14 2013]
Azerbaijan expects increase in income tax trans... [Published Azer News - May 14 2013]
First quarter sales and net profit drop for Rom... [Published Romania Business Insider - May 14 2013]
Oil falls on demand concerns, strong dollar [Published XinMsn - May 13 2013]
Oil falls on demand concerns, strong US dollar [Published Channel NewsAsia - May 13 2013]
Oil falls on demand concerns, strong dollar [Published MSN Philippines - May 13 2013]
Oil falls on demand concerns, US dollar [Published Perth Now - May 13 2013]

Blogs

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Is EVERY Market Rigged? [Published The Big Picture Blog - May 20 2013] European Union Launches Investigation Into Manipulation of Oil Prices Since 2002 CNN reports : The European Commission raided the offices of Shell, BP and Norway’s Statoil this week as part of an investigation into suspected attempts to manipulate ...
Is EVERY Market Rigged? [Published Zero Hedge - May 20 2013] CNN reports : The European Commission raided the offices of Shell, BP and Norway’s Statoil this week as part of an investigation into suspected attempts to manipulate global oil prices spanning more than a decade. None of the companies have ...
Americans recognise UK paedo-problem, even if P... [Published St George West - May 15 2013] The Slog: Word reaches me that the US state department is asking very searching questions about the UK’s role in multinational child-buggery. As with the FBI’s generally accurate information on London as a money-laundering hub, the bureau’s ...
Drumbeat: April 26, 2013 [Published The Oil Drum - Discussions about Energy and Our ... - Apr 26 2013] ‘Peak Fossil Fuels’ Is Closer Than You Think: BNEF Every time an iPhone is charged or an episode of "Mad Men" plays on a television, puffs of vaporized carbon join the atmosphere, products of power-plant combustion. And every year the world demands ...
WTI Crude – Bullish Acceleration as Double Top ... [Published OANDA Forex Blog - Apr 25 2013] WTI crude price climbed higher yesterday as inventory numbers grew to a smaller extend than expected. This is the 3rd week in a row where inventory levels are lower than analyst estimate. However, unlike the previous 2 weeks, yesterday’s gain resulted ...