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

Market Journal 2012 P

  • 01/03/2012 -- 2011: 'Odd year' for oil
    In case you didn’t noticed, 2011 was “an odd year”—one of “volcanic change” that yet led to circumstances “conducive” to maintaining consistent oil prices, said Paul Horsnell, managing director of Commodities Research at Barclays Capital, London.
  • 01/31/2012 -- Counting barrels of crude
    Industry analysts lately have been counting barrels—barrels of refining capacity lost as plants shut down on both sides of the Atlantic; barrels of crude flowing into the US Midwest and their impact on prices for West Texas Intermediate; and barrels of supply that may be lost if the European Union activates its proposed embargo on Iran in 6 months or if Iran beats them to the punch by stopping shipments.
  • 02/27/2012 -- Speculators in 'hibernation'
    US House Minority Leader Nancy Pelosi (D-Calif.) called for Congressional action against speculators in the futures market, blaming them for the run-up in oil prices and cost of gasoline at the pump.
  • 04/30/2012 -- Mixed outlook for MENA
    Changing circumstances in the Middle East and North Africa (MENA) are altering perceptions of potential developments in Libya and Iran.
  • 05/28/2012 -- Early start for hurricane season
    The 2012 tropical storm and hurricane season officially began June 1 and extends to Nov. 30, but it got off to an early start when Tropical Storm Alberto formed off the South Carolina coast and quickly weakened into a tropical depression in late May.
  • 06/25/2012 -- Oil prices fall
    The price of crude has fallen more than $35/bbl this year and could go even lower in the current environment of severe risk aversion and macroeconomic pessimism, said analysts with Barclays Commodities Research.
  • 07/30/2012 -- Oklahoma best for E&P investment
    Oklahoma, the 46th state admitted into the US, ranks 20th in size, 28th in population, 36th in population density, and 45th in median household income, according to various online listings. But it’s in first place this year as the top spot for oil and gas investment worldwide in the 6th annual global survey by the Calgary-based Fraser Institute think-tank that looked at 147 jurisdictions around the world.
  • 08/27/2012 -- Crude rises in optimistic market
    The front-month crude contract for North Sea Brent climbed through most of August from $104.92/bbl July 31 to as high as $116.90/bbl Aug. 16, hovering around $114/bbl through Aug. 24 as market optimism for solution of the Euro-zone financial crisis and increased demand “prevailed over hard facts and past experience,” said analysts at the Centre for Global Energy Studies, London.
  • 09/24/2012 -- Oil prices roiled by data
    Oil prices fluctuated widely in mid-September as analysts and traders tried daily to interpret market indicators from a flood of economic data. The result was an energy market responding to hopes and fears more than the fundamentals of supply and demand.
  • 10/29/2012 -- Storms, oil, and elections
    Hurricane Sandy was bearing down on the East Coast on Oct. 29, disrupting oil supplies, energy demand, and early voting in the last full week before the US presidential election.
file