XCSFDHG46767FHJHJF
dow2664 Oil Price Spike Potential: The fear of an oil price spike due to potential Iranian sanctions has dissipated somewhat in the last several days. Iran threatened to close down the Strait of Hormuz last week when it made headlines with missile fire. Since a majority of the region’s oil export travels through that straight, anxieties heightened. Experts however, do not expect the price of oil to balloon as a result. Oil price Gas Price last session close: Light crude oil price per barrel finished the last trading session in the red by .25 percent and closed at 101.56 per barrel. Heating oil contract for February delivery finished the last session higher by 1.03 percent and closed at 3.07 per gallon. Natural Gas closed out the last session green by 2.75 percent and finished at 3.06 per million BTUs. Unleaded gas closed out the last session higher by .55 percent at 2.75 per gallon. BP Stock News: BP is attempting to improve the image of the company and improve overall stock price by media control. BP has launched a nationwide ad campaign that relays how well the gulf region has recovered from the recent oil spill tragedy. The ad campaign focuses on evidence that the Gulf ecosystem is improving and was not originally damaged as severely as many thought. Camillo Zucari
No comments:
Post a Comment