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Nitewolf Champion Author Anchorage Posts:16,537 Points:2,104,670 Joined:Jun 2004	Message Posted: Nov 19, 2012 10:23:48 AM Ignore Nitewolf Report Abuse The Associated Press NEW YORK — Oil futures prices rose slightly in electronic trading Sunday night with the market apparently unaffected by fighting between Israel and Hamas. In early trading, January benchmark crude futures rose less than 1 percent, by 60 to 70 cents per barrel, over Friday's close of $86.92. Brent crude, used to price many international varieties of oil, rose about 55 cents. It closed Friday at $108.95 per barrel in London. Tom Kloza, chief oil analyst at the Oil Price Information Service, said the international futures markets have been relatively quiet, and he doesn't see that changing much as long as Gaza Strip fighting doesn't spread. If Saudi Arabia continues to produce extra oil and U.S. production keeps rising, gasoline prices in the U.S. should be insulated Visit Anchorage Daily News for full article

Nitewolf

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Anchorage

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Message Posted: Nov 19, 2012 10:23:48 AM

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The Associated Press

NEW YORK — Oil futures prices rose slightly in electronic trading Sunday night with the market apparently unaffected by fighting between Israel and Hamas.

In early trading, January benchmark crude futures rose less than 1 percent, by 60 to 70 cents per barrel, over Friday's close of $86.92. Brent crude, used to price many international varieties of oil, rose about 55 cents. It closed Friday at $108.95 per barrel in London.

Tom Kloza, chief oil analyst at the Oil Price Information Service, said the international futures markets have been relatively quiet, and he doesn't see that changing much as long as Gaza Strip fighting doesn't spread. If Saudi Arabia continues to produce extra oil and U.S. production keeps rising, gasoline prices in the U.S. should be insulated
Visit Anchorage Daily News for full article

REPLIES (newest first)Ignore Short Messages

remay Champion Author Houston Posts:6,963 Points:2,116,640 Joined:May 2006	Message Posted: Nov 20, 2012 8:48:27 AM Ignore remay Report Abuse "rise little"??? As in "didn't go up much"? Hmmm, what gives?
ClarkSC Champion Author South Carolina Posts:3,078 Points:1,011,405 Joined:May 2010	Message Posted: Nov 20, 2012 8:06:55 AM Ignore ClarkSC Report Abuse Any excuse.
LilRedWagonIN Champion Author Indiana Posts:7,776 Points:1,554,385 Joined:Oct 2008	Message Posted: Nov 20, 2012 1:19:47 AM Ignore LilRedWagonIN Report Abuse Still a wall of worry that's being climbed.
bston Champion Author Oklahoma City Posts:1,815 Points:641,300 Joined:Mar 2011	Message Posted: Nov 19, 2012 10:56:15 PM Ignore bston Report Abuse Prices can jump high overnight.
dh0770 Champion Author Colorado Posts:6,987 Points:672,460 Joined:Jun 2011	Message Posted: Nov 19, 2012 8:45:40 PM Ignore dh0770 Report Abuse A frog farts and oil rises! Since when was Gaza an oil exporter?
steelydawn Rookie Author Winnipeg Posts:32 Points:1,135 Joined:Jun 2011	Message Posted: Nov 19, 2012 1:45:42 PM Ignore steelydawn Report Abuse It's very sad to see this happening.
Zeke33 Champion Author New Hampshire Posts:5,573 Points:1,615,085 Joined:Sep 2005	Message Posted: Nov 19, 2012 1:44:03 PM Ignore Zeke33 Report Abuse Futures markets, please stay quiet.
Jeff4U Champion Author Atlanta Posts:8,749 Points:1,852,145 Joined:Nov 2004	Message Posted: Nov 19, 2012 12:35:59 PM Ignore Jeff4U Report Abuse Crude prices rose by $3.99 since Friday when they were at $85.50 I don't consider this as "oil prices rise little"
Skunk63 Champion Author Phoenix Posts:2,556 Points:557,500 Joined:Oct 2011	Message Posted: Nov 19, 2012 11:09:17 AM Ignore Skunk63 Report Abuse Up and down. Repeat.
lesabreAZ Champion Author Phoenix Posts:1,686 Points:411,480 Joined:Nov 2011	Message Posted: Nov 19, 2012 11:04:51 AM Ignore lesabreAZ Report Abuse next post 1 minute later says it's going up. Speculation!
Goddeciano1 Rookie Author Ontario Posts:24 Points:1,880 Joined:Nov 2012	Message Posted: Nov 19, 2012 11:04:45 AM Ignore Goddeciano1 Report Abuse ok
mazdaboy Champion Author Portland Posts:7,883 Points:2,097,280 Joined:Aug 2003	Message Posted: Nov 19, 2012 10:46:19 AM Ignore mazdaboy Report Abuse Actually oil is up a couple of dollars today.
humblepie Champion Author Toledo Posts:34,199 Points:2,371,370 Joined:Mar 2006	Message Posted: Nov 19, 2012 10:43:25 AM Ignore humblepie Report Abuse unexpected
K9LO Champion Author North Dakota Posts:2,680 Points:543,005 Joined:Nov 2010	Message Posted: Nov 19, 2012 10:29:07 AM Ignore K9LO Report Abuse The US is becoming a bigger player with oil.
JCI46009IN Champion Author Indiana Posts:2,129 Points:439,570 Joined:Sep 2011	Message Posted: Nov 19, 2012 10:25:39 AM Ignore JCI46009IN Report Abuse Good news.........