Energy 12/27/2006
Energy
United Arab Emirates Selling Dollars, Buying Euros as U.S. Currency Slumps The United Arab Emirates will convert 8 percent of its foreign-exchange reserves to euros from dollars before September after the U.S. currency slumped this year, the country's central bank governor said.
Oil Falls to One-Month Low as Mild Weather Cuts U.S. Heating-Fuel Demand Crude oil declined to a one-month low as mild weather in most of the U.S. reduced heating-fuel consumption.
Nymex Gas Falls to 10-Week Low on Warmer-Than-Normal Weather in the U.S. Natural gas fell to the lowest price in more than 10 weeks in New York as warmer-than-average weather curbed demand for the furnace fuel.
Nymex Gasoline Gains as Mild Weather Prompts Motorists to Take Road Trips Gasoline futures rose for the first time in five days as mild weather encouraged drivers to take road trips during the Christmas holiday season.
Plains Pipeline Break Halts 28,000 Barrels of Daily Oil Output in Gulf Plains All American Pipeline LP, which has Microsoft billionaire Paul Allen as its biggest shareholder, said as much as 28,000 barrels of daily oil production in the Gulf of Mexico was halted by a pipeline rupture yesterday.
United Arab Emirates Selling Dollars, Buying Euros as U.S. Currency Slumps The United Arab Emirates will convert 8 percent of its foreign-exchange reserves to euros from dollars before September after the U.S. currency slumped this year, the country's central bank governor said.
Oil Falls to One-Month Low as Mild Weather Cuts U.S. Heating-Fuel Demand Crude oil declined to a one-month low as mild weather in most of the U.S. reduced heating-fuel consumption.
Nymex Gas Falls to 10-Week Low on Warmer-Than-Normal Weather in the U.S. Natural gas fell to the lowest price in more than 10 weeks in New York as warmer-than-average weather curbed demand for the furnace fuel.
Nymex Gasoline Gains as Mild Weather Prompts Motorists to Take Road Trips Gasoline futures rose for the first time in five days as mild weather encouraged drivers to take road trips during the Christmas holiday season.
Plains Pipeline Break Halts 28,000 Barrels of Daily Oil Output in Gulf Plains All American Pipeline LP, which has Microsoft billionaire Paul Allen as its biggest shareholder, said as much as 28,000 barrels of daily oil production in the Gulf of Mexico was halted by a pipeline rupture yesterday.
posted by alexsakne at 2:38 PM
0 Comments:
Post a Comment
<< Home