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China Watch: Cashing in the Aussie Way
By Chuck Marvin | By Brittany Umar
China's biggest aluminum producer, Chinalco, wants to double its stake in Rio Tinto - but the decision has been deferred by Australia's foreign investment regulator. Chuck Marvin weighs in on why the decision has been deferred, what this means for Rio Tinto, and how you can make money here.
04:59AM 03/20/09
Crude Over $50, but It Shouldn't Be
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.
02:37PM 03/19/09
By Chuck Marvin | By Elizabeth Trotta
Oil reporter Chuck Marvin explains why oil prices are up -- and why they're likely going back down.
02:15PM 03/19/09
Eni Acting as Monopoly, EU Says
The European Commission alleges that Eni illegally prohibited rivals from using its natural gas pipelines.
09:59AM 03/19/09
Peabody Signs Long-Term Supply Deals
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.
04:03PM 03/17/09
Royal Dutch Shell Reserves Unchanged
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.
12:35PM 03/17/09
Platts Launches New Crude Price Marker
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.
09:37AM 03/17/09
Crude Rebounds on Stocks' Coattails
West Texas crude futures on the New York Mercantile Exchange were recently falling $1.64 at $44.61 a barrel in pre-session trading.
01:38PM 03/16/09
China Watch Mail Bag: PTR's Not so Refined
By Brittany Umar | By Chuck Marvin
One viewer asks for insight on PetroChina after news that the company is pursuing Aruba refinery-sources, and whether he should get in on the stock now.
08:59AM 03/14/09
Crude Oil Seems to Have Found Range
That range is $35 to $50, says one expert.
01:20PM 03/12/09
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