Not Logged In Log In   Sign Up   Points Leaders
Follow Us    10:17 PM

GasBuddy News Article

20
votes
Crude Oil Prices Mixed in Asia Trade

The Hindu Business Line -- Singapore, Jan 7:

Oil prices were mixed in Asian trade today as weak energy demand and concerns over more fiscal battles in Washington tempered the news of a modest growth in the US jobs market.

New York’s main contract, light sweet crude for delivery in February, shed two cents to $93.07 a barrel while Brent North Sea crude for February delivery gained 14 cents to $111.45.

Data on Friday showed that the US economy generated 1,55,000 jobs in December, and the unemployment rate held at 7.8 per cent.

However, a US government report last week showing softer fuel demand outweighed that news, Phillip Futures said in a market commentary.

Weaker US energy demand “added to bearish concerns about oil markets, which have been closely monitoring economic data for signals about consumption,


Read the Full Article

Submitted Jan 07, 2013 By: MidNJ
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Crude Oil Prices Mixed in Asia Trade Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
jrs4125
Champion Author Indiana

Posts:4,942
Points:1,264,195
Joined:Sep 2011
Message Posted: Jan 8, 2013 7:21:45 AM

Dooooooooh
Profile Pic
PDQBlues
Champion Author San Diego

Posts:9,943
Points:2,133,450
Joined:Jan 2009
Message Posted: Jan 7, 2013 6:18:16 PM


So does that indicate a growing world economy or not?
Profile Pic
md11capt
Champion Author Denver

Posts:4,595
Points:1,301,845
Joined:Mar 2011
Message Posted: Jan 7, 2013 10:02:47 AM

The confusion continues.
Profile Pic
investmentdr
Champion Author Cleveland

Posts:6,287
Points:2,102,900
Joined:Sep 2008
Message Posted: Jan 7, 2013 9:19:00 AM

down now
Profile Pic
investmentdr
Champion Author Cleveland

Posts:6,287
Points:2,102,900
Joined:Sep 2008
Message Posted: Jan 7, 2013 9:18:44 AM

Hindu Business Line?
Profile Pic
fora_7
Champion Author Montreal

Posts:3,766
Points:895,400
Joined:Sep 2012
Message Posted: Jan 7, 2013 9:12:52 AM

so many articles about oil prices. Some say it will go up, some others, it going down. One thing for sure. Prices are mostly going along with demand. And the demand is there. So it wil keep up going up.
Profile Pic
amoshins
Champion Author Trenton

Posts:4,089
Points:1,254,070
Joined:Apr 2011
Message Posted: Jan 7, 2013 8:12:05 AM

keep it mixed, not higher!
Profile Pic
BigRedVTX
Champion Author Georgia

Posts:1,651
Points:665,535
Joined:Jun 2011
Message Posted: Jan 7, 2013 7:54:16 AM

So, is it mixed or is it down?
Profile Pic
Peachy1
Champion Author St. Louis

Posts:3,085
Points:2,318,210
Joined:Aug 2005
Message Posted: Jan 7, 2013 7:52:43 AM

Does this REALLY surprise anyone???
Profile Pic
bcline909
Veteran Author Virginia

Posts:401
Points:80,170
Joined:Nov 2012
Message Posted: Jan 7, 2013 7:37:09 AM

okay
Profile Pic
wrunner
Champion Author Virginia

Posts:7,401
Points:1,824,625
Joined:Dec 2009
Message Posted: Jan 7, 2013 7:35:31 AM

Oil and water don't mix.

Oil and Asia do not mix.

Profile Pic
OHIO50
Champion Author Denver

Posts:3,785
Points:1,709,350
Joined:Mar 2010
Message Posted: Jan 7, 2013 7:35:29 AM

Really.
Profile Pic
grandpadon28110
Champion Author Charlotte

Posts:7,604
Points:1,827,790
Joined:Sep 2008
Message Posted: Jan 7, 2013 7:30:17 AM

So.
Profile Pic
turboz2012
Champion Author Charleston

Posts:1,023
Points:961,090
Joined:Feb 2012
Message Posted: Jan 7, 2013 7:29:48 AM

mixed in one article, down in another
Profile Pic
SSwathwood
All-Star Author Denver

Posts:551
Points:1,306,710
Joined:Nov 2009
Message Posted: Jan 7, 2013 7:28:08 AM

I'm tired of all the speculating and then I pay the price.
Profile Pic
Joeski1
Champion Author New Jersey

Posts:13,629
Points:2,431,110
Joined:Dec 2004
Message Posted: Jan 7, 2013 6:59:18 AM

I' m burning it recklessly while it's cheap..........

in fact... I wish I had a big SUV or truck so I could burn even more and bring friends along...

(most don't want to ride in the back seat...)
Profile Pic
daytonabiker
Champion Author Florida

Posts:2,884
Points:786,935
Joined:Oct 2012
Message Posted: Jan 7, 2013 6:48:23 AM

wall street speculators all over again
my gasoline prices are up to 3.40
Profile Pic
sawdust1825
Champion Author Illinois

Posts:3,677
Points:1,119,805
Joined:Sep 2011
Message Posted: Jan 7, 2013 6:20:37 AM

Get the speculators fingers out of the gas prices.
Profile Pic
dandvicb
Champion Author Bridgeport

Posts:3,113
Points:1,697,415
Joined:Jul 2004
Message Posted: Jan 7, 2013 6:18:52 AM

Speculators!!
Profile Pic
pscamp
Champion Author Ottawa

Posts:7,074
Points:1,033,385
Joined:May 2011
Message Posted: Jan 7, 2013 6:17:41 AM

OK
Profile Pic
millerin
Champion Author Orlando

Posts:4,669
Points:1,105,625
Joined:Jan 2012
Message Posted: Jan 7, 2013 5:57:17 AM

Interesting
Profile Pic
sabre75
Champion Author Florida

Posts:1,691
Points:356,585
Joined:May 2012
Message Posted: Jan 7, 2013 5:55:07 AM

Hope it keeps dropping and everything else keeps improving.
Profile Pic
bills299
Champion Author Atlanta

Posts:6,183
Points:1,586,110
Joined:May 2005
Message Posted: Jan 7, 2013 5:17:11 AM

it's a step in the right direction!
Profile Pic
DutchTreatMI
Champion Author Grand Rapids

Posts:5,861
Points:1,412,005
Joined:Mar 2011
Message Posted: Jan 7, 2013 5:15:14 AM

Hopefully things will get better for the average American but at this point it is only speculation.
Profile Pic
mystic92
Champion Author New Jersey

Posts:4,031
Points:1,008,960
Joined:May 2012
Message Posted: Jan 7, 2013 5:14:08 AM

lets hope it keeps dropping
Profile Pic
Bonanza
Champion Author Boston

Posts:15,499
Points:3,239,830
Joined:Jun 2004
Message Posted: Jan 7, 2013 5:09:03 AM

It must keep heading downward
Profile Pic
truckpdlr
Champion Author Tucson

Posts:5,625
Points:1,776,210
Joined:Sep 2009
Message Posted: Jan 7, 2013 5:07:04 AM

Lets hope it keeps going down
Profile Pic
Cachase1
Champion Author Oklahoma City

Posts:14,346
Points:3,069,360
Joined:Aug 2003
Message Posted: Jan 7, 2013 5:04:08 AM

Let's hope prices will drop further.
Profile Pic
WEB0153
Champion Author Maryland

Posts:3,457
Points:832,610
Joined:Dec 2012
Message Posted: Jan 7, 2013 5:01:33 AM

Speculator paradise
Profile Pic
jetlagAK
Champion Author Anchorage

Posts:2,524
Points:723,330
Joined:Jan 2010
Message Posted: Jan 7, 2013 4:56:38 AM

Use demo logic and Ban Demand.
Profile Pic
gabbygusIN
Champion Author Indiana

Posts:10,121
Points:2,248,800
Joined:Oct 2008
Message Posted: Jan 7, 2013 4:56:37 AM

Speculators back at in the new year!!!
Profile Pic
Tiput
Champion Author Ottawa

Posts:1,980
Points:461,125
Joined:Jul 2011
Message Posted: Jan 7, 2013 4:54:17 AM

up and down again.
Profile Pic
singlemom27
Champion Author Ventura

Posts:5,939
Points:1,318,350
Joined:Apr 2011
Message Posted: Jan 7, 2013 4:49:11 AM

It just increases the prices at the pump to pay for these greedy people doing nothing to earn the bucks!
Profile Pic
BigDogOH
Champion Author Cincinnati

Posts:11,393
Points:2,496,135
Joined:Mar 2008
Message Posted: Jan 7, 2013 4:46:41 AM

Speculators everywere
Profile Pic
1fulltank
Champion Author Buffalo

Posts:10,569
Points:2,196,420
Joined:Nov 2008
Message Posted: Jan 7, 2013 4:41:52 AM

I suppose Asia has it's own squad of speculators.
Profile Pic
fratt
Champion Author Grand Rapids

Posts:12,670
Points:3,331,285
Joined:Jul 2005
Message Posted: Jan 7, 2013 4:39:28 AM

Get rid of ALL speculators!
Profile Pic
BEngr
Champion Author Illinois

Posts:9,657
Points:2,261,015
Joined:May 2008
Message Posted: Jan 7, 2013 4:30:02 AM

I don't usually get to excited if the oil trade is not in the United States.
Profile Pic
jci25946
Champion Author Tampa

Posts:6,073
Points:1,626,750
Joined:Jan 2006
Message Posted: Jan 7, 2013 4:27:14 AM

Yada yada
Profile Pic
bassakwards007
Champion Author Orange County

Posts:3,949
Points:929,210
Joined:Aug 2012
Message Posted: Jan 7, 2013 4:27:00 AM

Been rising where I am.
Profile Pic
TravelinMan52
Champion Author Augusta

Posts:4,820
Points:1,652,530
Joined:May 2008
Message Posted: Jan 7, 2013 4:26:17 AM

It sure would be nice if the pump prices would lower some...
Profile Pic
bobzilla11
Champion Author Indiana

Posts:2,772
Points:1,131,095
Joined:May 2011
Message Posted: Jan 7, 2013 4:24:59 AM

$2 gas
Profile Pic
jacob5066
Champion Author College Station

Posts:4,737
Points:1,119,865
Joined:Feb 2012
Message Posted: Jan 7, 2013 4:18:25 AM

Not surprised
Profile Pic
joko0
Champion Author New Jersey

Posts:2,492
Points:983,140
Joined:Oct 2008
Message Posted: Jan 7, 2013 4:17:53 AM

Every day has a new way to spin the numbers
Profile Pic
LanguageMan1
Champion Author Tampa

Posts:16,342
Points:2,351,065
Joined:Apr 2008
Message Posted: Jan 7, 2013 4:16:57 AM

Price is still too high, and even though a few lower paying jobs may have been created, it doesn't offset the 600,000 additional people that had to go on food stamps over the last month as well. They can lie and say what they want but things are getting worse.
Profile Pic
hokieburgh
Champion Author Virginia

Posts:1,845
Points:1,065,715
Joined:Feb 2007
Message Posted: Jan 7, 2013 4:14:00 AM

recent prices seem to be fairly flat
Profile Pic
TommyTraveler
Champion Author Cincinnati

Posts:11,569
Points:2,384,940
Joined:Nov 2007
Message Posted: Jan 7, 2013 4:12:29 AM

This is just a scam by the huge cartels that control the oil diamonds, gold and our food supplies.
Profile Pic
Rick52
Champion Author Milwaukee

Posts:15,268
Points:1,878,315
Joined:Mar 2005
Message Posted: Jan 7, 2013 4:11:01 AM

Good...I hope it goes down more...Maybe $60.... Bunch of Gougers..
Few jobs created and they have to raise prices..

[Edited by: Rick52 at 1/7/2013 4:12:06 AM EST]
Profile Pic
afghaned
Champion Author Ottawa

Posts:15,724
Points:1,974,990
Joined:May 2004
Message Posted: Jan 7, 2013 4:10:00 AM

With the new finds the price should be going down.
Profile Pic
metrojeep
Champion Author Fort Worth

Posts:5,237
Points:1,123,995
Joined:Feb 2012
Message Posted: Jan 7, 2013 4:08:04 AM

Up here
Profile Pic
rahcat
Champion Author Grand Rapids

Posts:5,600
Points:1,352,225
Joined:Jan 2010
Message Posted: Jan 7, 2013 4:02:39 AM

Just like an elevator...."Gping Up"
Profile Pic
gougenator
Champion Author Dallas

Posts:33,805
Points:3,904,825
Joined:Aug 2003
Message Posted: Jan 7, 2013 4:01:42 AM

softer fuel demand ,,,just means more exports /cut production ,forget any lower gas prices ,aint happenin
Post a reply Back to Topics