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Market Watch 2011 P

  • 09/12/2011 -- MARKET WATCH: Economic woes bring down energy prices
    Energy prices retreated Sept.9 because of a general lack of direction and without economic solutions forthcoming from political and financial leaders around the world.
  • 09/09/2011 -- MARKET WATCH: Crude and product prices slip lower in pessimistic market
    Crude and petroleum product prices slipped lower Sept. 8 despite a bullish government report on US inventories before President Barack Obama’s speech to a joint session of Congress.
  • 09/08/2011 -- MARKET WATCH: Energy prices rebound ahead of Obama speech
    Energy commodity prices rebounded strongly Sept. 7 with front-month crude approaching $90/bbl in intraday trade before closing with a 3.8% gain for the day in the New York market.
  • 09/07/2011 -- MARKET WATCH: Brent crude price rebounds; WTI slips lower
    The front-month North Sea Brent crude oil contract rebounded Sept. 6, wiping out the loss of the previous session, while in New York benchmark US crude continued to dwindle, dropping as low as $83.20/bbl in intraday trading before recovering much of that decline as US markets reopened after the Labor Day holiday.
  • 09/06/2011 -- MARKET WATCH: Weak world economies pull down energy prices
    Energy prices tumbled Sept. 2 ahead of the long US holiday weekend as a result of a government report that essentially no nonfarm payroll jobs were added in August, while hiring for June and July also was revised lower.
  • 09/02/2011 -- MARKET WATCH: Stagnant economy undercuts energy prices
    After rising marginally on Sept. 1, crude oil prices dropped 2% in early trading Sept. 2 in the New York market when the US Department of Labor reported the economy added no new jobs in August, with the unemployment rate still at 9.1%.
  • 09/01/2011 -- MARKET WATCH: Crude oil prices dip slightly; natural gas price increases
    Crude prices dipped marginally Aug. 31 in the New York market on a bearish inventories report, ending a 2-day rally earlier this week. However, natural gas advanced 3.7% on potential supply impacts from Tropical Storm Katia brewing near the Dominican Republic.
  • 08/31/2011 -- MARKET WATCH: Energy prices continue to rally
    Energy prices generally continued to rally Aug. 30 on investors’ increased appetite for risk, despite the American Petroleum Institute’s early report of a hefty increase in US crude inventories.
  • 08/30/2011 -- MARKET WATCH: Hurricane Irene inflicts no damage on energy markets
    Despite the pre-storm hype by government officials and national media concentrated along the East Coast, Hurricane Irene proved a fizzle rather than ferocious, with virtually no impact on energy prices, with crude up 2% Aug. 29 in the New York market on optimism for the economy and oil demand.
  • 08/29/2011 -- MARKET WATCH: Crude oil, natural gas price ended last week flat
    Crude oil and natural gas prices were flat in the New York market Aug. 26 as Hurricane Irene proved weaker than the potential East Coast disaster meteorologists were predicting.
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