Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Micro Penny Stocks, Penny Stocks $0.10 & Under
»
AMEP-WOW ITS CHEAP PPS .0320
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by IMAKEMONEY: [QB] AP Oil Prices Settle at 2-Month High Monday February 26, 6:50 pm ET By Lauren Villagran, AP Business Writer Oil Prices Extend Rise Above $61 a Barrel As Winter Storm Plows Across U.S. NEW YORK (AP) -- Oil prices settled at their highest level in more than two months on Monday as snowy weather in the United States spurred expectations for strong heating oil demand. A winter storm dumped as much as two feet of snow in the Midwest, grounding hundreds of airline flights and closing major highways. The National Weather Service also reported that more than a foot of snow blanketed parts of the Northeast, the country's largest heating oil market. ADVERTISEMENT Several analysts are forecasting a decline in stockpiles of heating oil when the government issues its weekly inventory report on Wednesday, said Jason Schenker, an economist with Wachovia Corp. However, Schenker said he expects the drop to be much smaller compared with the prior week. U.S. inventory figures released last Thursday showed a larger-than-expected decline in distillates, which include heating oil and diesel, as well as a drop in gasoline inventories. Light, sweet crude for April delivery gained 25 cents to settle at $61.39 a barrel on the New York Mercantile Exchange, after earlier rising as high as $61.75. The settlement was the highest since the front-month contract closed above $62 on Dec. 22. April Brent crude on London's ICE Futures exchange added 45 cents to finish at $61.33 a barrel. Nymex heating oil prices rose by roughly a half cent to settle at $1.7562 a gallon while natural gas futures dropped 20.8 cents to $7.547 per 1,000 cubic feet. April gasoline futures rose by 1.56 cents to end at $1.8337 a gallon. [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2