Posts Tagged ‘oil’

Oil platform explodes off La. coast; crew rescued

Written on September 2nd, 2010 by By ALAN SAYREno shouts
By ALAN SAYRE 2010-09-03T02:41:35Z
NEW ORLEANS (AP) -- An oil platform exploded and burned off the Louisiana coast Thursday, the second such disaster in the Gulf of Mexico in less than five months. This time, the Coast Guard said there was no leak, and no one was killed....
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After Gulf Fire, Is It Time to Avoid Oil Stocks?

Written on September 2nd, 2010 by CNBC Top News and Analysisno shouts
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Oil steady near $74 as investors eye U.S. jobs reports

Written on September 2nd, 2010 by Reuters: Business Newsno shouts
LONDON (Reuters) - Oil steadied near $74 a barrel on Thursday, weighed by record high inventories in top consumer the United States and investor caution ahead of U.S. employment reports.


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Oil hovers below $74 as Asian stocks gain

Written on September 2nd, 2010 by By ALEX KENNEDYno shouts
By ALEX KENNEDY 2010-09-02T08:21:07Z
SINGAPORE (AP) -- Oil prices hovered below $74 a barrel Thursday in Asia, consolidating a big gain the day before as an Asian and U.S. stock market rally buoyed investor confidence....
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Risk-Taking Rises as Oil Rigs in Gulf Drill Deeper

Written on August 30th, 2010 by CNBC Top News and Analysisno shouts
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AP ENTERPRISE: Oil cleanup both bonanza and bust

Written on August 26th, 2010 by By MIKE SCHNEIDERno shouts
By MIKE SCHNEIDER 2010-08-27T04:50:35Z
The Gulf oil spill is a bonanza for some and a bust for others....
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Barclays Cuts 2011, 2010 Oil Price Forecasts

Written on August 26th, 2010 by CNBC Top News and Analysisno shouts
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Oil rebounds over $73 on dollar, equities

Written on August 26th, 2010 by Reuters: Business Newsno shouts
LONDON (Reuters) - Oil rose for a second day on Thursday as investors bought back into the market after it hit 11-week lows, but analysts said the fundamental outlook was still bearish with ample stocks to cover any rebound in demand.


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ONGC divided on Cairn India counter-bid: report

Written on August 24th, 2010 by Reuters: Business Newsno shouts
MUMBAI (Reuters) - State-run Oil and Natural Gas Corp is divided over making a counter-bid for Cairn India , which is the target of a $9.6 billion takeover offer by Vedanta , the Business Standard reported on Wednesday.


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KNOC sticks to $2.6 billion Dana bid

Written on August 24th, 2010 by Reuters: Business Newsno shouts
SEOUL (Reuters) - State-run Korea National Oil Corp ruled out raising its $2.6 billion hostile bid for Dana Petroleum after winning the backing of almost half the UK oil explorer's shareholders but needs more deals to reach its output goals.


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