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Author Topic: Oil extends losses as dollar holds gains Back to Topics
jbob357
Champion Author
Iowa

Posts:2,468
Points:1,326,315
Joined:Sep 2011
Message Posted: Mar 7, 2013 5:58:28 AM

Benchmark U.S. crude for April CLJ3 +0.34% slipped 12 cents, or 0.1%, to $90.31 a barrel Thursday afternoon in East Asia, adding to its 39-cent loss during Wednesday’s regular session on the New York Mercantile Exchange.
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REPLIES (newest first) Post a Reply
lesndave
Champion Author Texas

Posts:6,303
Points:1,531,805
Joined:May 2011
Message Posted: Mar 8, 2013 12:24:56 AM

Ok
Trudat316
Veteran Author Missouri

Posts:341
Points:54,840
Joined:Feb 2013
Message Posted: Mar 7, 2013 9:35:53 PM

Better idle some refineries, lest the US consumer catches a break!
Pmgr
All-Star Author San Antonio

Posts:822
Points:692,935
Joined:Jan 2013
Message Posted: Mar 7, 2013 2:57:48 PM

keep it up
investmentdr
Champion Author Cleveland

Posts:6,756
Points:2,248,475
Joined:Sep 2008
Message Posted: Mar 7, 2013 2:20:17 PM

music to my ears
knutzAL
Champion Author Alabama

Posts:2,248
Points:373,880
Joined:Feb 2012
Message Posted: Mar 7, 2013 11:46:01 AM

It is the dollar!
merlinCO
Champion Author Colorado

Posts:5,038
Points:1,149,840
Joined:Mar 2012
Message Posted: Mar 7, 2013 8:48:04 AM

Losses are $9 a barrel a day, not a couple of cents......wh writes this crap...oh yeah the poor oil companies in Saudi Arabia.....
wrunner
Champion Author Virginia

Posts:7,927
Points:1,955,275
Joined:Dec 2009
Message Posted: Mar 7, 2013 7:35:57 AM

Oil is losing revenue?

What a concept.

If the dollar is gaining the price of oil per barrel should be around $85 or lower.
matman01
Champion Author Detroit

Posts:18,706
Points:2,780,035
Joined:May 2007
Message Posted: Mar 7, 2013 7:14:12 AM

If Americans really want to make a difference, stop buying items labelled "Made in China". Every dollar sent there weakens our dollar and increases China's demand for Oil.
Rockyguitar
Champion Author Tampa

Posts:5,788
Points:1,993,490
Joined:Sep 2008
Message Posted: Mar 7, 2013 6:41:17 AM

Unbelievable how our fiat (counterfeit) dollar can be strong. It WILL catch up with reality at some point in the future.
daytonabiker
Champion Author Florida

Posts:2,997
Points:871,820
Joined:Oct 2012
Message Posted: Mar 7, 2013 6:21:10 AM

Mission is NOT accomplished
Nationalize the oil in Iran, Iraq, Saudi Arabia,
Oil companies in America
Leave Qatar alone
Then the mission will be accomplished
Luckylindy
Champion Author Milwaukee

Posts:7,614
Points:1,908,930
Joined:May 2008
Message Posted: Mar 7, 2013 6:17:19 AM

Time to cover the shorts.
MImusicman
Champion Author Michigan

Posts:5,278
Points:1,239,950
Joined:Mar 2012
Message Posted: Mar 7, 2013 6:16:45 AM

Good
epf
Champion Author Grand Rapids

Posts:9,739
Points:2,702,920
Joined:May 2004
Message Posted: Mar 7, 2013 6:01:10 AM

And around and around we go, where we stop no one knows.
yardslave
Champion Author Oklahoma City

Posts:5,987
Points:1,421,570
Joined:Dec 2005
Message Posted: Mar 7, 2013 5:59:04 AM

I smell a speculator...
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