Posts Tagged ‘Oil’

Korean Hostility, U.S. Economic Downgrade Send Stocks Falling

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – The exchange of artillery fire between North and South Korea and the Fed’s bleak economic outlook next year sent shivers down the spine of investors and U.S. stocks sliding on Tuesday. The Dow Jones Industrial Average lost 153 points or 1.5 [...]

Commodities Prices Fall On Chinese Interest Rates Fears

Linda Young – AHN News Writer New York, NY, United States (AHN) – Commodities prices for precious metals, oil and agricultural raw materials took the hardest fall in 18 months on news that China might take steps to avert inflation. Prices of commodities futures fell by up to 3.8 percent on news that China’s central [...]

Dominican Republic’s Venezuela oil tab: US$1.0B

SANTO DOMINGO.- Dominican Republic’s current debt for Venezuela’s oil is more than US$1.0 billion, that country’s ambassador in Santo Domingo Alfredo Murga revealed Wednesday. View full post on Business Stories

BP chief Bob Dudley: we’ll never quit America

The chief executive of BP has insisted the oil giant “will not be quitting America”, despite selling Gulf of Mexico fields it bought just eight months ago. View full post on UK Business Stories

Chevron Announces Plans To Drill Deepwater Wells In Gulf Of Mexico

Oil company Chevron announced plans to drill new oil and gas wells in the Gulf of Mexico on Friday, which was only a few days after the government lifted the ban on drilling it imposed in the wake of the disastrous BP Deepwater Horizon oil well leak. View full post on Business Stories

Ukraine Offers To Develop Venezuela’s Oil, Gas Fields

AHN News Staff Kiev, Ukraine (AHN) – Ukraine has offered to help develop energy-rich Venezuela’s oil and gas fields. Ukrainian President Viktor Yanukovych made the offer on Monday during a meeting with visiting Venezuelan President Hugo Chavez in Kiev. Talking to reporters after their meeting, Yanukovych, without elaborating, said that the development program would remain [...]

Ottawa Initiates Own Oil Sands Probe

AHN News Staff Ottawa, Ontario, Canada (AHN) – Canadian Environment Minister Jim Prentice announced on Thursday the creation of a six-member panel to review Alberta’s controversial oil sands projects. The review was prompted by rising number of complaints against the tar sands due to its negative impact on the environment, particularly water pollution which had [...]

Enbridge Claims Oil Spill Contained

Jeehan Fernandez – AHN News Writer Romeoville, IL, United States (AHN) – Enbridge Energy Partners claims it has contained the spread of oil spill following the progress of clean-up efforts in response to damage caused by leaked pipeline that occurred on Line 6A of Lakehead System in Romeoville, Illinois on Sept. 9. “Crews worked through [...]

Oil Penny Stocks

With the surge of oil prices the last few years, many investors are looking to oil penny stocks also known as oil small cap stocks, nano stocks, or micro stocks. Penny stock investing has become widely popular in gneral as these stocks are traded very low prices which makes it affordable for any investor to trade. Many investors also find it appealing that penny stocks can make quicker gains compared to any other type of stock. The cheap price and rapid growth potential seems to be a perfect venture to invest a lot of money on.

How to Trade Oil

There are many ways Investors can gain exposure to Oil ranging from Oil stocks, Exchange traded funds through to Futures contracts.   Crude oil is the raw material that is refined to produce gasoline, heating oil, diesel, jet fuel and many other petrochemicals   Capital Spreads offer exposure through spread betting on the price of [...]