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Oil down 2 percent, U.S. crude hits 6-year low on growing stocks, Iran talks
reuters.com ^
| Mar 16, 2015
| Barani Krishnan
Posted on 03/16/2015 1:13:21 PM PDT by Berlin_Freeper
Oil prices fell 2 percent on Monday, with U.S. crude hitting six-year lows, on signs of higher output in the United States and Libya and a possible nuclear deal that could end sanctions for Iran, allowing more of its oil into the market.
(Excerpt) Read more at uk.reuters.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: energy; oil
To: Berlin_Freeper
Oil is being stored. Any plenty of it, something like 75% of storage capacity. Natural gas will pile up now with winter gone. Time to short the gas and make a profit.
To: Berlin_Freeper
3
posted on
03/16/2015 1:39:11 PM PDT
by
Berlin_Freeper
(Germany - The Travel Destination)
To: Berlin_Freeper
Gasoline back under 2 bucks here.
Gasbuddy guy on FoxBiz said $1.75 gal this summer.
ROAD TRIP!
4
posted on
03/16/2015 1:41:33 PM PDT
by
nascarnation
(Impeach, convict, deport)
To: Berlin_Freeper
5
posted on
03/16/2015 1:42:16 PM PDT
by
Berlin_Freeper
(Germany - The Travel Destination)
To: Berlin_Freeper
6
posted on
03/16/2015 1:43:08 PM PDT
by
Berlin_Freeper
(Germany - The Travel Destination)
To: Berlin_Freeper
And gas prices are still up over 30% from their lows here a month ago.
7
posted on
03/16/2015 1:50:58 PM PDT
by
VeniVidiVici
( Better a conservative teabagger than a liberal teabagee)
To: Berlin_Freeper
8
posted on
03/16/2015 1:51:11 PM PDT
by
Berlin_Freeper
(Germany - The Travel Destination)
To: Berlin_Freeper
Ah, now I get it. Barack’s real enemy is the U.S. fossil fuels industry. He’s making a nuclear deal with Iran to take Texas down a peg.
9
posted on
03/16/2015 2:34:47 PM PDT
by
AZLiberty
(No tag today.)
To: VeniVidiVici
What area of Florida is up 30% from the bottom?
10
posted on
03/16/2015 3:59:10 PM PDT
by
thackney
(life is fragile, handle with prayer)
To: thackney
Talking Western Maryland. It was down to around $1.85 at $48bbl now up around $2.39 and it’s drifted down to $43bbl.
11
posted on
03/16/2015 4:54:26 PM PDT
by
VeniVidiVici
( Better a conservative teabagger than a liberal teabagee)
To: Berlin_Freeper
Obama is bent on destroying the economy of Red states. Make no mistake.
12
posted on
03/16/2015 9:31:17 PM PDT
by
balch3
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