It took a worker smelling crude oil on the ground before it was noticed.
The higher crude oil prices Wednesday are a mildly bullish near-term factor for the precious metals.
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The higher crude oil prices Tuesday were a bullish near-term factor for the precious metals.
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Crude oil and gasoline inventories are among the most carefully watched economic statistics there are.
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The crude oil bulls have faded badly this week and the bears have near-term momentum.
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Meantime, Nymex crude oil futures prices are weaker but did hit a six-week high overnight.
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The higher crude oil prices Thursday are also bullish near-term factor for the precious metals.
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Meantime, Nymex crude oil futures prices are slightly higher Tuesday morning, on short covering.
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The Strategic Petroleum Reserve was authorized in 1975 and began receiving crude oil in 1977.
India is one of the world's largest importers of crude oil and its derivatives.
Crude oil bulls and bears are back on a level near-term technical playing field.
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Crude oil prices were weaker Wednesday morning, but turned firmer following the FOMC statement.
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Meantime, Nymex crude oil futures prices were higher Tuesday and hit a fresh five-month high.
The second pipeline is designed to carry crude oil cargoes that dock in Kyaukpyu.
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This current chart compares the October crude oil futures with the Spyder Trust ( SPY).
On the energy side of commodities, crude oil imports broke a record last month, too.
We are working with the 2008 playbook, which is headwinds against commodities like crude oil.
The crude oil bears still have some downside near-term technical momentum on their side.
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From 1999 to present, the price of crude oil per barrel has increased by 650 percent.
In March, BP had a crude oil spill at one of its Alaskan facilities.
Crude oil and gas now account for 75 percent of the value of its exports.
High crude oil prices fatten the economic prospects of the oil services and transport stocks.
High crude oil prices also put a floor under alternative energy sources and their producers.
Crude oil prices are trading slightly lower Friday morning and on Thursday hit a six-week low.
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That's because crude oil can be turned into very convenient transportation fuels (gasoline and diesel).
While total crude oil production rose by 1%, Shell said that gas production had fallen 6%.
Meantime, crude oil prices are firmer Thursday morning and hit a fresh three-month high overnight.
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Pipeline operators commonly hedge the value of the crude oil flowing through their pipelines.
Crude oil prices are trading lower Wednesday morning, which is limiting gains in the precious metals.
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Meantime, Nymex crude oil futures are higher on more short covering in a bear market.
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