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Market Journal 2011 P

  • 11/28/2011 -- Could 'Arab Spring' become nuclear winter?
    The “Arab Spring” that ousted four authoritarian leaders—including Ali Abdullah Saleh who in late November gave up the presidency of Yemen after 33 years in power—might evolve into a grimmer period with the possibility of a nuclear winter headed into 2012.
  • 11/01/2011 -- Euro-zone deal bounces oil prices
    Oil and stock prices soared Oct. 27 in what one analyst described as “a monster market bounce” after Euro-zone members agreed to reduce Greece's sovereign debt, support European banks facing additional losses on Greek bonds, and increase the European Financial Stability Facility (EFSF) to €1 trillion.
  • 09/26/2011 -- 'Doom' fears stampede energy traders
    A warning by the US Federal Reserve Bank that the global economy likely will remain at risk for years resonated like a voice of doom through world markets Sept. 21, stampeding traders away from high-risk investments such as crude oil.
  • 07/25/2011 -- Latin America is growth market for US refiners
    Latin American refinery expansions planned this decade will not be enough to stem the region's growing dependence on imported US fuels, said analysts at Deutsche Bank AG (DB).
  • 07/18/2011 -- Price dislocation in benchmark crudes
    The unusual persistent price dislocation between West Texas Intermediate and other benchmark crudes is affecting returns to commodity investors, said analysts at Barclays Capital in London.
  • 07/11/2011 -- SPR weapon 'fizzled'
    Markets shrugged off the International Energy Agency’s release of 60 million bbl of crude and petroleum products from emergency government supplies in a vain attempt to drive down energy prices.
  • 07/05/2011 -- Oil prices rebound despite SPR release
    The plan to release emergency oil stocks held by the US and other countries to push down high crude prices almost worked—for about a week.
  • 06/28/2011 -- SPR oil release 'equivalent' to QE2
    The International Energy Agency’s decision to release 60 million bbl of crude and petroleum products from the strategic petroleum reserves is “the equivalent of QE2 in the oil market,” said Barclays Capital analysts.
  • 06/20/2011 -- WTI-Brent spread hits 'weakest level'
    Energy prices fell sharply June 15 with the August North Sea Brent contract dropping more than $6/bbl, wiping out “all gains of the last 15 trading days” and closing its price spread vs. West Texas Intermediate to “the weakest level” since March, said Olivier Jakob at Petromatrix, Zug, Switzerland.
  • 06/13/2011 -- SPR may be 'Plan B' after OPEC
    US President Barack Obama and members of his administration again talked of dipping into the US Strategic Petroleum Reserve as energy prices climbed June 8 after ministers of the Organization of Petroleum Exporting Countries failed to change production at an acrimonious meeting in Vienna.
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