Wednesday, February 18, 2009

Oil Futures Fall Ahead Of Thursday Inventory Numbers


"Oil Futures for April Fall on Expectations of Further U.S. Inventory Gain"
Crude oil for April delivery fell on speculation that a government report tomorrow will show U.S. supplies climbed for the 19th time in 21 weeks as the recession cuts demand....Complete Story

"Oil Companies Bet on Swift Price Rebound Has Its Risks"
Major oil companies are promising to maintain investment through the current price dip, but the risk is growing that a prolonged slump could stymie their plans....Complete Story

"How Much Is Oil Really Worth?"
Is crude oil in the mid $30s per barrel, or in the low-$40s? Both, it turns out, which makes it increasingly difficult to figure out the headline price of crude, the world's heaviest traded commodity....Complete Story

"Sakhalin 2 Project Starts Russia's First LNG Plant"
Sakhalin Energy, the Gazprom-led consortium developing the Sakhalin 2 project in Russia's Far East, Wednesday started up Russia's first LNG liquefaction plant....Complete Story

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