Crude Oil Updates... From Frank

[frawin]

May crude is trading at $80.60, down $1.30 , April Natural Gas is trading at $4.07, down $0.06.


Oil Falls for First Time in Three Days on U.S. Supplies, Dollar

http://www.bloomberg.com/apps/news?pid=20601207&sid=allySoxJbnno

[Diane Amberg]

Thanks. We've been @ $2.69 here and I wondered if it would change.

[frawin]

Crude is trading at $80.675 up $0.675 and Natural gas is trading at $3.95, up $0.02, this morning.


Oil Rises as Greek Aid Eases Demand Concerns, Bolsters Hedging


http://www.bloomberg.com/apps/news?pid=20601072&sid=aKDu42n0VSLE

[frawin]

May Crude is trading at $82.45, up $0.275, May Natural Gas is trading at $3.92, up $0.005.
The article below supports that the US has no control over current crude prices. We could change that if we were drillingt our own reserves more.

Saudi Arabia’s Al-Naimi Awaits Recovery Before Boosting Output
http://www.bloomberg.com/apps/news?pid=email_en&sid=aaina4Efh9_0

[frawin]

May crude is trading at $83.075, up $0.65, May Natural Gas is trading $4.05, up $0.075. The President is to announce today proposals to allow Drilling offshore in the Atalntic and the Gulf of Mexico. Also, the Crude and Product inventories come out today.


Oil Rises Before Supply Data as Dollar Slips, Equities Advance
http://www.bloomberg.com/apps/news?pid=email_en&sid=avm2Xv09OydQ

[frawin]

May crude is trading at $84.375, up $0.625, May Natural gas is trading at $3.885, up $0.015.

Crude Oil Rises to 17-Month High Amid Signs of Economic Growth
http://www.bloomberg.com/apps/news?pid=email_en&sid=aMzurG._0Rxg

[Catwoman]

Frank...Thank you so much for posting all this information.  I wish I could post my reactions to these...But my momma taught me that it wasn't ladylike to use sailor talk... ...!! lol 

[Diane Amberg]

 

[frawin]

May Crude is trading at $85.35, up $0.475, May Natural Gas is trading at $4.05, down $0.035.


Oil Surges to Highest Level in 17 Months on U.S. Job Report
http://www.bloomberg.com/apps/news?pid=email_en&sid=a0mexlzjQPtc

[frawin]

I thought this was relevant to my previous post.

Saudi Arabia, Abu Dhabi State Suppliers Raise Crude Oil Prices
http://www.bloomberg.com/apps/news?pid=email_en&sid=a8HJPJg2uhZY