1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Market Watch 2011 P1

  • 10/26/2011 -- MARKET WATCH: Higher crude oil price, backwardation continue
    The price of crude oil continued climbing, up 2.1% Oct. 25 in the New York market, but the big news is the return to backwardation in that market and the narrowing premium for North Sea Brent crude over West Texas Intermediate.
  • 10/25/2011 -- MARKET WATCH: Crude oil futures price jumps 4% in New York market
    In one of the strongest showings this year, the front-month contract for benchmark US crude jumped more than 4% Oct. 24 in the New York market, moving into backwardation with subsequent monthly contracts priced sequentially lower and the current December contract $1/bbl higher than that for December 2012.
  • 10/24/2011 -- MARKET WATCH: Oil prices boosted by faith EU will solve its financial crisis
    Front-month crude closed up 1.5% on an optimistic outlook for Europe in the New York market Oct. 21, having pulled back in the final hours of the session from an earlier surge. Natural gas traded flat.
  • 10/21/2011 -- MARKET WATCH: Crude oil price fluctuates with outlook for resolving EU crisis
    There was virtually no reaction in oil markets Oct. 20 to news of the death of Libyan dictator Moammar Gadhafi, with the price of crude moderately lower in New York as traders focused on the continuing feud between Germany and France over the Euro-zone debt crisis, signaling greater interest in future demand over future supply of oil.
  • 10/20/2011 -- MARKET WATCH: Crude oil prices fall as markets again turn pessimistic
    Crude oil prices again fell Oct. 19, along with hopes for resolution of the European economic crisis as demonstrators turned violent outside the Greek parliament in Athens during a general strike in protest of the government’s austerity program.
  • 10/19/2011 -- MARKET WATCH: Crude oil prices rebound in optimistic market
    Oil prices rose with the front-month crude contract closing above $88/bbl Oct 19 in the New York market, up 2.3% on an optimistic report of accord in the European debt mess as traders shrugged off disappointing Chinese growth data and expectations of a rise in US oil inventories.
  • 10/18/2011 -- MARKET WATCH: European discord over Greek debt undermines markets
    The price of crude oil topped $88/bbl in intraday trading Oct. 17 in New York but closed at a small loss for the day as commodities and equities retreated after French and German officials clashed over a second rescue package for Greece.
  • 10/17/2011 -- MARKET WATCH: Crude oil price rebounds; winter prospects lift gas prices
    The front-month crude oil contract rebound Oct. 14, wiping out losses from the previous 2 days to challenge market resistance at $87/bbl in New York, while natural gas rallied 5% on the prospects of colder weather and short covering.
  • 10/14/2011 -- MARKET WATCH: Crude oil prices fall in mixed market
    Crude oil prices continued to fall, down 1.6% in New York on a mixed market Oct. 13 as traders ignored a “broadly bullish” government report on commercial US inventories to cash in on the recent rally.
  • 10/13/2011 -- MARKET WATCH: Crude oil, natural gas prices decline in New York market
    The front-month crude oil futures contract closed marginally lower Oct. 12, ending its latest rally in the New York market although the Standard & Poor’s 500 index rose for the sixth time in seven sessions. Natural gas futures also dropped, falling 3.6% with the forecast of milder weather and an expected build of gas in storage.

Related Articles

Shell, Iraq ink deal for petrochemicals complex

01/29/2015 Royal Dutch Shell PLC has entered a preliminary agreement with Iraq to construct an $11-billion grassroots petrochemicals complex in the country’s ...

Mitsui charters two more LNG ships for Cameron export project

01/29/2015 Mitsui & Co., Ltd., Tokyo, reports contracts for chartering two new ships to transport LNG to Japan from the Cameron LNG export project in Loui...

API forms Colorado Petroleum Council, picks executive director

01/29/2015 The American Petroleum Institute has opened a Denver office that will focus on oil and gas priorities in Colorado. Tracee Bentley, who previously w...

ASMP report lists routes to shale-stimulated manufacturing rebound

01/29/2015 The US shale oil and gas renaissance has created a manufacturing rebound that could produce even more jobs and stimulate further economy growth wit...

ConocoPhillips revises down $2 billion from budget

01/29/2015 ConocoPhillips has shed an additional $2 billion from its capital expenditures for 2015, decreasing total spending to $11.5 billion from the previo...

OMV trims annual investments for 2015-17

01/29/2015 Austria’s OMV AG says it is reducing its annual investments for 2015-17 to a range of €2.5-3 billion. Before the drop in oil prices, the company ha...

MARKET WATCH: NYMEX oil prices hit lowest point in nearly 6 years

01/29/2015 US light, sweet crude oil prices fell following a government report indicating robust oil and product supplies. The front-month crude price on the ...

US House approves bill aimed at increasing LNG exports

01/28/2015 The US House of Representatives passed a bill aimed at increasing US LNG exports by requiring the Department of Energy to determine whether a proje...

Gas-turbine units in transit to Vostochno-Messoyakhskoye field

01/28/2015 JSC Gazprom Neft reported that six gas-turbine power units are in transit to Vostochno-Messoyakhskoye field in the Yamalo-Nenetsk Autonomous Region.

White Papers

What is System Level Thermo-Fluid Analysis?

This paper will explain some of the fundamentals of System Level Thermo-Fluid Analysis and demonstrate...

Accurate Thermo-Fluid Simulation in Real Time Environments

The crux of any task undertaken in System Level Thermo-Fluid Analysis is striking a balance between ti...

6 ways for Energy, Chemical and Oil and Gas Companies to Avert the Impending Workforce Crisis

As many as half of the skilled workers in energy, chemical and oil & gas industries are quickly he...
Sponsored by

AVEVA NET Accesses and Manages the Digital Asset

Global demand for new process plants, power plants and infrastructure is increasing steadily with the ...
Sponsored by

AVEVA’s Approach for the Digital Asset

To meet the requirements for leaner project execution and more efficient operations while transferring...
Sponsored by

Diversification - the technology aspects

In tough times, businesses seek to diversify into adjacent markets or to apply their skills and resour...
Sponsored by

Engineering & Design for Lean Construction

Modern marketing rhetoric claims that, in order to cut out expensive costs and reduce risks during the...
Sponsored by

Object Lessons - Why control of engineering design at the object level is essential for efficient project execution

Whatever the task, there is usually only one way to do it right and many more to do it wrong. In the c...
Sponsored by

Available Webcasts



The Future of US Refining

When Fri, Feb 6, 2015

Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in different directions. Lower oil prices generally reduce feedstock costs, but they have also lowered refiners’ returns, as 2015 begins with refined products priced at lows not seen in years. If lower per-barrel crude prices dampen production of lighter crudes among shale plays, what will happen to refiners’ plans to export more barrels of lighter crudes? And as always, refiners will be affected by government regulations, particularly those that suppress demand, increase costs, or limit access to markets or supply.

register:WEBCAST


Oil & Gas Journal’s Forecast & Review/Worldwide Pipeline Construction 2015

When Fri, Jan 30, 2015

The  Forecast & Review/Worldwide Pipeline Construction 2015 Webcast will address Oil & Gas Journal’s outlooks for the oil market and pipeline construction in a year of turbulence. Based on two annual special reports, the webcast will be presented by OGJ Editor Bob Tippee and OGJ Managing Editor-Technology Chris Smith.
The Forecast & Review portion of the webcast will identify forces underlying the collapse in crude oil prices and assess prospects for changes essential to recovery—all in the context of geopolitical pressures buffeting the market.

register:WEBCAST



On Demand

Optimizing your asset management practices to mitigate the effects of a down market

Thu, Dec 11, 2014

The oil and gas market is in constant flux, and as the price of BOE (Barrel of Oil Equivalent) goes down it is increasingly important to optimize your asset management strategy to stay afloat.  Attend this webinar to learn how developing a solid asset management plan can help your company mitigate costs in any market.

register:WEBCAST


Parylene Conformal Coatings for the Oil & Gas Industry

Thu, Nov 20, 2014

In this concise 30-minute webinar, participants have an opportunity to learn more about how Parylene coatings are applied, their features, and the value they add to devices and components.

register:WEBCAST


Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected