Not Logged In Log In   Sign Up   Points Leaders
Follow Us    3:37 PM

Message Forum - Read Message

Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Oil erases gain, ends down 8 cents at $97.77 Back to Topics
Sanpoil

Champion Author
Spokane

Posts:3,510
Points:575,420
Joined:Jun 2012
Message Posted: Jun 17, 2013 3:12:22 PM

Crude oil for July delivery CLN3 -0.02% on Monday dipped 8 cents to settle at $97.77 a barrel, after spending most of the day showing a gain on concerns about the rising tensions in Syria. The contract appeared to erase its gain after the Financial Times reported that Federal Reserve Chairman Ben Bernanke plans to disclose he is "close to tapering down its $85 billion-a-month in asset purchases when he holds a press conference on Wednesday."
Visit Market Watch for full article
REPLIES (newest first) Post a Reply
Profile Pic
bston
Champion Author Oklahoma City

Posts:3,896
Points:1,088,525
Joined:Mar 2011
Message Posted: Jun 18, 2013 3:44:52 PM

8 cents....what's that in the grand scheme of things?!
Profile Pic
dandvicb
Champion Author Bridgeport

Posts:2,737
Points:1,473,665
Joined:Jul 2004
Message Posted: Jun 18, 2013 6:42:48 AM

Awwwwwww pooooooooooooooooooooor SPECULATORS!!!
Profile Pic
hokieburgh
Champion Author Virginia

Posts:1,782
Points:863,655
Joined:Feb 2007
Message Posted: Jun 18, 2013 4:44:51 AM

hopefully a trend down developing
Profile Pic
andy1024
Champion Author Allentown

Posts:3,770
Points:855,605
Joined:Dec 2011
Message Posted: Jun 18, 2013 12:14:59 AM

The oil prices has been stayed so high for so long.
Profile Pic
amerk73
Champion Author Dallas

Posts:9,148
Points:2,068,495
Joined:Oct 2008
Message Posted: Jun 17, 2013 10:24:29 PM

now Crude Oil at
$97.89
Profile Pic
amerk73
Champion Author Dallas

Posts:9,148
Points:2,068,495
Joined:Oct 2008
Message Posted: Jun 17, 2013 10:23:49 PM

up down
Profile Pic
MrLefty0706
Champion Author Chicago

Posts:3,513
Points:795,985
Joined:Apr 2012
Message Posted: Jun 17, 2013 10:23:15 PM

One would think that the other Middle Eastern countries would want the Syrian unrest settled as quickly as possible and any leader willing to use chemical weapons on fellow countrymen needs to be removed.
Profile Pic
Tekkersmom57
Champion Author Syracuse

Posts:3,980
Points:1,141,650
Joined:May 2010
Message Posted: Jun 17, 2013 8:43:07 PM

Very true, "sanpoil".
Profile Pic
lonewolf_947
Champion Author New Hampshire

Posts:1,482
Points:643,235
Joined:Mar 2011
Message Posted: Jun 17, 2013 6:42:27 PM

why are prices of gas in other states dropping & not affecting here..... in fact, it went up a few days ago here......
Profile Pic
GreatGraphics
Veteran Author New Jersey

Posts:320
Points:418,180
Joined:Feb 2013
Message Posted: Jun 17, 2013 5:50:00 PM

The lower the cost per gallon results in less influence to invest in renewable energy solutions. Adversely, the higher the cost per barrel allows for investment in solar, for example. Summary: invest in oil around 95 per barrel. Invest in alternative energy at 112.
Profile Pic
335d1
Champion Author Virginia

Posts:4,516
Points:1,193,745
Joined:Feb 2011
Message Posted: Jun 17, 2013 5:47:35 PM

No effect on gas prices.
Profile Pic
mastermariner
Champion Author Texas

Posts:12,190
Points:923,685
Joined:Jun 2011
Message Posted: Jun 17, 2013 5:32:42 PM

Normal market
Profile Pic
USMCturtlehead
Champion Author Lexington

Posts:513,050
Points:551,775
Joined:Feb 2013
Message Posted: Jun 17, 2013 4:49:07 PM

Buy, Sell oh what to do?
Profile Pic
FocusST2
Champion Author North Carolina

Posts:10,128
Points:1,819,200
Joined:Jul 2009
Message Posted: Jun 17, 2013 4:40:10 PM

Come on $50!!!!
Profile Pic
Pielededrac
Champion Author Florida

Posts:1,788
Points:529,765
Joined:Nov 2012
Message Posted: Jun 17, 2013 4:02:21 PM

It's at 97.83 at 4:00PM.
Profile Pic
humblepie
Champion Author Toledo

Posts:53,048
Points:2,820,610
Joined:Mar 2006
Message Posted: Jun 17, 2013 4:02:12 PM

up before market closes i bet
Profile Pic
thizben
All-Star Author Phoenix

Posts:705
Points:326,370
Joined:May 2011
Message Posted: Jun 17, 2013 3:59:17 PM

drop at the pump?
Profile Pic
gizbo123
Champion Author Los Angeles

Posts:2,495
Points:2,079,910
Joined:Dec 2005
Message Posted: Jun 17, 2013 3:39:03 PM

It's erased after i buy gas.
Profile Pic
cwashi3324
Champion Author Cincinnati

Posts:3,509
Points:734,770
Joined:May 2009
Message Posted: Jun 17, 2013 3:38:36 PM

I still isn't low enough to suit most of us.
Profile Pic
Sanpoil
Champion Author Spokane

Posts:3,510
Points:575,420
Joined:Jun 2012
Message Posted: Jun 17, 2013 3:37:40 PM

Speculators still win no matter how much we conserve.
Profile Pic
MN1
Champion Author Twin Cities

Posts:5,430
Points:1,085,580
Joined:Jun 2011
Message Posted: Jun 17, 2013 3:28:09 PM

Good, lets see a drop at the pumps.
Profile Pic
Vetteblu
Champion Author Denver

Posts:4,545
Points:1,190,910
Joined:Oct 2010
Message Posted: Jun 17, 2013 3:25:12 PM

It doesn't matter at the pump.
Profile Pic
Fleabite44
Champion Author Maryland

Posts:2,301
Points:493,210
Joined:Feb 2012
Message Posted: Jun 17, 2013 3:24:06 PM

Big deal!
Post a reply Back to Topics