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Financial Influences On Crude Oil Prices

The crude oil prices for a 55 galloon drum are essentially the market rate for crude oil In contrast, the future market rate of crude oil is dependent on a number of things, including the expectations of other participants in the futures market For instanc
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Oil projects in jeopardy as prices fall (UPI)

Wed, 19 Nov 2008 18:57:35 GMT

BARCELONA, Spain, Nov. 19 (UPI) -- The declines in the world crude oil market may force oil majors to postpone future projects even if prices remain steady, Chinese officials said.


Palin, Alaska grapple with lower crude prices (Reuters via Yahoo! News)

Thu, 20 Nov 2008 01:57:35 GMT

Falling oil prices will take a bite out of Alaska's state budget and put a damper on oil-field investment, Gov. Sarah Palin told a conference of major North Slope oil operators on Wednesday.


Sector Snap: Oil shares mixed as crude fluctuates (AP via Yahoo! Finance)

Tue, 18 Nov 2008 20:13:21 GMT

Shares of big oil companies were mixed on Tuesday as crude prices fluctuated and the broader markets fell on pervasive economic uncertainty.



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