Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:
NYMEX suffers week of losses
12/10/2007
During Nov. 26-30, the last full week of trading prior to the Organization of Petroleum Exporting Countries’ Dec. 5 meeting, the front-month contract for benchmark US light, sweet crudes “suffered in absolute terms” both its largest weekly change and largest weekly decline ever, said Olivier Jakob, managing director of Petromatrix GMBH, Zug, Switzerland.The January US crude contract dropped a total $9.47/bbl during the week, closing at $88.71/bbl Nov. 30 on the New York Mercantile Exchange. That surpassed “by exactly $1/bbl the collapse of March 2003 that followed confirmation of the strike on Iraq,” Jakob said. The January IPE contract for North Sea Brent cr...
Why Register?
Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.
Why Subscribe?
Subscriber Help or Subscribe
Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.
If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.
