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Chuck's Most Recent Article

Crude Over $50, but It Shouldn't Be

03/19/09 - 02:37 PM EDT

Dec. 1 was the last time crude oil was over $50 a barrel, but the fundamentals of the marketplace suggest that crude should be $30 a barrel, maybe even $25.

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Other Articles by Chuck

Free Reports

Eni Acting as Monopoly, EU Says

03/19/09 - 09:59 AM EDT

The European Commission alleges that Eni illegally prohibited rivals from using its natural gas pipelines.

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Peabody Signs Long-Term Supply Deals

03/17/09 - 04:03 PM EDT

Peabody Energy signed long-term deals of up to 17 years in length with two Midwestern power generators. The contracts are expected to produce $6 billion in revenue.

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Royal Dutch Shell Reserves Unchanged

03/17/09 - 12:35 PM EDT

Royal Dutch Shell announced that its total reserves at the end of 2008 were 11.9 billion barrels of oil equivalent, unchanged from the prior year.

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Platts Launches New Crude Price Marker

03/17/09 - 09:37 AM EDT

Platts officially launched its Americas Sour Marker on Monday in a bid to create a better crude pricing mechanism than the existing West Texas crude futures contract currently maintained by the Nymex.

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Crude Rebounds on Stocks' Coattails

03/16/09 - 01:38 PM EDT

West Texas crude futures on the New York Mercantile Exchange were recently falling $1.64 at $44.61 a barrel in pre-session trading.

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Crude Oil Seems to Have Found Range

03/12/09 - 01:20 PM EDT

That range is $35 to $50, says one expert.

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Dow Looks to Restart Kuwait Deal

03/11/09 - 04:46 PM EDT

Petrochemical Industries surprised Dow last December when it backed out of their joint venture because of the global economic downturn.

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New Oil Price Benchmark Roils Status Quo

03/11/09 - 04:38 PM EDT

The Americas Sour Marker is looking to supplant West Texas Intermediate crude as the trading standard.

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ConocoPhillips: Production Steady

03/11/09 - 02:47 PM EDT

ConocoPhillips says it expects total hydrocarbon production to remain unchanged compared to last year even though its capital spending will fall 37%.

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