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Market Watch 2011 P

  • Fri Aug 12 12:27:00 CDT 2011 -- MARKET WATCH: Crude approaches $86/bbl in New York
    Energy prices continued to escalate Aug. 11 as the front-month crude oil contract approached $86/bbl on the New York market.
  • Thu Aug 11 12:33:00 CDT 2011 -- MARKET WATCH: Oil climbs near $83/bbl; gas closes at $4/MMbtu in New York
    Crude and product prices rebounded Aug. 10 on a bullish report of falling US inventories. The surge generally wiped out losses from the previous session but did not recoup the bigger sell-off at the start of the week.
  • Wed Aug 10 13:04:00 CDT 2011 -- MARKET WATCH: Oil drops below $80/bbl; gas price rises
    Crude oil prices continued to fall Aug. 9 with crude dropping below $80/bbl despite a volatile rally across markets after Federal Reserve Bank officials surprised analysts by pledging to keep a near-zero benchmark interest rate until mid-2013.
  • Tue Aug 09 11:54:00 CDT 2011 -- MARKET WATCH: Energy prices plunge first trading day after US credit downgrade
    Energy prices plunged Aug. 8 in the New York market’s first trading session since the US credit downgrade, with the current September crude contract hitting a lifetime low of $80.17/bbl intraday before climbing slightly. Nevertheless, it was down 6% to an 8-month low at closing.
  • Mon Aug 08 12:49:00 CDT 2011 -- MARKET WATCH: Energy makes small gains after big selloff in previous session
    Energy prices registered mostly small gains Aug. 5 following a previous volatile selloff in both commodity and equity markets in anticipation of an announcement by Standard & Poor's Financial Services LLC, a subsidiary of McGraw-Hill Cos. Inc., that for the first time lowered the US government’s credit rating to AA+ from the top AAA level because of increased political risks and rising debt burden.
  • Fri Aug 05 11:24:00 CDT 2011 -- MARKET WATCH: Oil prices slump upon stock market dive
    Oil prices slumped on New York and London markets Aug. 4 upon concerns about the global economy, fueled by a combination of the European Central Bank’s resuming bond purchases and diving US stock values.
  • Thu Aug 04 12:12:00 CDT 2011 -- MARKET WATCH: Economic worries continue undercutting energy prices
    Energy prices continued to tumble Aug. 3, with front-month US benchmark crude futures dropping below $92/bbl amid continuing fears of a faltering global economy.
  • Wed Aug 03 12:32:00 CDT 2011 -- MARKET WATCH: Negative economic signals undercut energy prices
    Congress hammered out an agreement to increase the US debt limit, but energy prices continued dropping Aug. 2 with equity markets down and weak economic signals in both the US and the Euro-zone.
  • Tue Aug 02 11:01:00 CDT 2011 -- MARKET WATCH: Energy prices continue to slide as economics slump
    Energy prices continued their downhill slide Aug. 1 even as doubtful US Representatives worked to pass a compromise $2.4 trillion debt-ceiling increase that evening with the US Senate likely to give its equally unenthusiastic approval today to the bill that will cut spending by $2.1 trillion over 10 years.
  • Fri Jul 29 12:33:00 CDT 2011 -- MARKET WATCH: Energy prices mixed but flat as Don poses little threat
    Energy prices were mixed and relatively flat July 28 despite expectations Tropical Storm Don will come ashore tonight possibly between Brownsville and Corpus Christi, Tex.
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