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The new Apple iPhone 5 is displayed Wednesday Sept. 12, 2012. AP Market View Mining Banking Admittedly, it's a very small fraction of the open interest in the West Texas Intermediate futures contract, which stands at 1.6-million for the top North
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Gap Between Benchmarks Likely to Halve The relationship between Brent and West Texas Intermediate crude oil benchmarks appears to have undergone a "fundamental change" that will lead to the price gap between the two shrinking to less than half recent
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That same circumstance is a boon for the Williston E&P plays, however. The main driver to the increased Williston oil price has been the development of three types of infrastructure in the Williston region. First off, more rail lines and hubs have
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The main drivers for the price of oil have shifted from mostly being driven by the externals (currencies, equities and macroeconomic data) to being driven by the short term fundamentals. Those fundamentals include a hurricane threat in the oil and
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Last week was a week of much anticipation from the central bank meetings in the US and the EU. Both ended in disappointment by the segment of the market place expecting more easing out of the US and an announcement of bold action from the ECB.
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The big question is will the bold comments finally be converted to actions.. especially this coming week as the ECB holds its monthly meeting on Thursday August 2. Will the ECB initiate a bold solution that puts the EU problems on the back burner
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Lior is a member of The Motley Fool Blog Network -- entries represent the personal opinions of our bloggers and are not formally edited...The recent decline in the Euro/USD may have curbed the rise in oil prices. The fundamentals didn't change much
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and its competitive advantage and valuation that makes it a great buy, both as a company and as a stock...Likely due to Buffett's Oracle-like reputation, PSX jumped 5.8% from that news and is up a total 6.25%, while the S&P 500 has remained flat
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Crude oil and gasoline futures contract prices moved down yesterday, as the market took a breather from an accelerated upturn. But the overall medium-term trajectory for oil prices no longer appears to be in doubt. As I have indicated on several
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European Union sanctions on Iran officially went into effect this month, but for oil, the $100-a-barrel level remains out of reach for the U.S. benchmark, and lower prices may soon follow. I do not see anything that will lift prices significantly
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