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New Oil Rigs Enable Ultra-Deepwater Drilling
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New Oil Rigs Enable Ultra-Deepwater Drilling 2:21
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Banking on North Dakota's Oil Boom 2:41
5 min ago5:41 a.m. Jan. 3, 2013
- By Sara Sjolin
Oil group Total SA gave up 0.8%, tracking oil prices lower.
2:41 a.m. Today2:41 a.m. Jan. 3, 2013
- MarketWatch
LONDON--Nighthawk Energy PLC (HAWK.LN), a U.S.-focused oil company, Thursday said that in December, average total oil production for its Smoky Hill and Jolly Ranch projects in the Denver-Julesburg Basin, Colorado, was 276 barrels a day, a record monthly production level.. LONDON--Nighthawk Energy PLC (HAWK.LN), a U.S.-focused oil company, Thursday said that in December, average total oil production for its Smoky Hill and Jolly Ranch projects in the Denver-Julesburg Basin, Colorado, was 276 barrels a day, a record monthly production level.
9:59 p.m. Jan. 2, 2013
- By Michael Kitchen
Fundamentals also suggested limited upside for oil, Razaqzada said. “The supply of oil remains plentiful, especially in North America, and that should absorb any small rise in demand. The two oil data sets are usually published Wednesday and Thursday, respectively, but were delayed by the New Year’s holiday.
8:30 p.m. Jan. 2, 2013
- MarketWatch
Stocks of distillates, a category that includes heating oil and diesel, are forecast to rise by 1.5 million barrels. Figures in millions of barrels except for refining capacity, which is reported in percentage points.) Analyst Crude Gasoline Distillates Refinery Util
Confluence +0.5 +3.0 +1.5 +0.5
IAF Advisors -2.5 +1.5 +1.0 N/A
Oil Outlooks -2.0 +1.25 +1.0 +0.5
Price Futures -2.0 +2.0 +2.5 +0.5
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7:49 p.m. Jan. 2, 2013
- MarketWatch
The mature oil properties currently produce 2,500 barrels of oil equivalent a day, comprising of 90% oil and 10% natural gas liquids. They add to QR's 7.4% overriding oil royalty interest in the Jay field.
4:45 p.m. Jan. 2, 2013
- By Steve Gelsi
The two oil producers are components of the Dow Jones Industrial Average , which surged upward by 308 points, or 2.4 Among the major benchmarks in the energy sector, the NYSE Arca Oil Index advanced by 2%, the NYSE Arca Natural Gas Index moved up by 1% and the Philadelphia Oil Service Index jumped 2.6
4:39 p.m. Jan. 2, 2013
- By Polya Lesova
Cabot Oil & Gas Corp. fell 1%, while coal miner Peabody Energy Corp. dropped 2.9
4:31 p.m. Jan. 2, 2013
- blogs.marketwatch.com
Stocks, oil, bond yields jump on debt-deal relief. Oil futures rose $1.30, or 1.4%, to settle at $93.12 a barrel.
2:43 p.m. Jan. 2, 2013
- By Wallace Witkowski
Crude oil for February delivery rose $1.30, or 1.4%, to settle at $93.12 a barrel on the New York Mercantile Exchange. Gasoline and heating oil futures also settled higher with 1.2% and 0.5% gains, respectively.
3:05 p.m. Jan. 2, 2013
- By Wallace Witkowski
Data from top energy consumer China also lent support for oil prices. In other energy-futures trading Wednesday, gasoline for February delivery rose 33 cents, or 1.2%, to settle at nearly $2.80 a gallon, while February heating oil gained just over a penny, or 0.5%, to settle at nearly $3.05 a gallon.
Oil settles up $1.30, or 1.4%, at $93.12 a barrel
2:33 p.m. Jan. 2, 2013
Oil settles up $1.30, or 1.4%, at $93.12 a barrel
1:28 p.m. Jan. 2, 2013
- MarketWatch
The rig's grounding did not affect drilling operations and does not involve any possibility of crude oil release, Shell said. But the Kulluk grounding could cut confidence in oil production in the "Great White North."
12:16 p.m. Jan. 2, 2013
- By Sara Sjolin
Energy shares were also on the rise, tracking gains for oil prices. The latter said the Skarv oil field in the Norwegian Sea started production on Dec. 31 A London laggard was Royal Dutch Shell PLC , its shares edging 0.2% higher.
12:12 p.m. Jan. 2, 2013
- By Sara Sjolin
Oil prices and most metals prices were also on the rise. “The manufacturing PMIs for December were mixed but on balance still suggest that the Chinese economy continues to recover,” analysts at Danske Bank said in a note. “Policy-wise we expect monetary policy to be on hold and risks are increasingly moving towards a possible rate hike in late 2013. Shares of Rio Tinto PLC picked up 5.1% as BHP Billiton PLC added 3.7%, while oil group BP PLC put on 1.5
10:21 a.m. Jan. 2, 2013
- By Steve Gelsi
Crude oil futures moved up by 1.8% to $93.47 a barrel, providing more fuel for energy stocks. Among stocks in the spotlight, Royal Dutch Shell faces a fresh hurdle in its push to explore for oil in the Arctic after one of its drilling rigs ran aground off the coast of Alaska.
