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Posts on ‘August 11th, 2006’

The Wall Street Jornal: Oil News Roundup: August 10, 2006 5:13 p.m.

THE WALL STREET JOURNAL ONLINE Oil futures fell sharply, losing more than $2 a barrel on the New York Mercantile Exchange, on worries that news of a foiled terrorist plot targeting major airlines could slow air travel, hurting demand for jet fuel. Here’s Thursday’s roundup of energy-related news: * * * ENDLESS SUMMER: Europe’s punishing […]

The New York Times: Oil Bounces After $2 Slump on Aircraft Bomb Plot

By REUTERS Published: August 11, 2006 Filed at 0:12 a.m. ET SINGAPORE (Reuters) – Oil prices edged up on Friday as geopolitical unease and uncertainty over output from North America’s biggest oilfield checked a 3 percent tumble triggered by a thwarted transatlantic aircraft bomb plot. U.S. light, sweet crude oil (CLc1) drifted 39 cents higher […]

MarketWatch: Shell confirms bonny oil flowing at Nigeria pipeline

Last Update: 5:18 PM ET Aug 10, 2006 LONDON (MarketWatch) — Oil has started flowing again through a Nigerian pipeline that carries Bonny Light crude produced in a joint venture by Royal Dutch Shell PLC (RDSA), Nigerian oil sources said Thursday. Shell declared force majeure on 180,000 barrels a day of oil output late July […]