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Oil Price Slips on Prospects of Supply Increase

Ali Rodriguez, who is also president of OPEC, although GNI Research said his comments were nothing ... GNI Research added that Rodriguez had refused to comment on whether the OPEC meeting on June 21 would ...

19/05/2010 - 10:22 - comment 0

Oil prices heat up as cold lashes US

as a timely reminder that winter does not necessarily end at the end of February," said the GNI brokerage in a research note.    It added that the unseasonable weather presented a headache for the Organization ... industry newsletter said.    But GNI said that persistent poor weather in the United States would ...

15/08/2010 - 15:14 - comment 0

Oil Prices Slip as Shortage Concerns Ease

increase, but so should demand for crude, GNI said in a research note.  "It is, though, ... as refineries, which had been running below full capacity, were heading towards full steam, the GNI brokerage ... in lower crude prices as well over the coming weeks," GNI said -- LONDON (AFP)       © ...

19/05/2010 - 09:21 - comment 0

Oil Prices Slip to New Eight-Month Lows

at healthy levels and the supply deficit shrinking from year ago levels," GNI said in a research note -- ... The GNI brokerage noted that the latest data on US stock levels were slowly removing the supply fears ...

19/05/2010 - 09:00 - comment 0

Oil Prices Spike upwards as Cold Weather Grips US Northeast

and two feet of snow in the region," The GNI brokerage said in its daily research note.  ... an appropriate oil price around 25 dollars a barrel," he told AFP.  Market watchers at the GNI brokerage ...

19/05/2010 - 08:58 - comment 0

Oil prices stay high as Tropical Storm Debby whips up stocks fears

Croix in the Virgin Islands, dealers said.  In its daily note, GNI Research commented that consumers ... consumer, GNI Research said anecdotal evidence suggested there was also "very good heating oil demand ...

15/08/2010 - 23:03 - comment 0

Oil prices steady as market awaits confirmation of more oil

at 28.56 dollars a barrel.  In its daily note, GNI Research commented that Monday's trading ... of Petroleum Exporting Countries (OPEC) producers, if necessary to stabilise prices.  Meanwhile, GNI Research said the "main driving force" behind falls in prices at the end of last week ...

15/08/2010 - 23:06 - comment 0

Oil prices surge after unexpected fall in US stocks

that a year earlier. GNI Research in its daily note said the data showed "a shockingly large draw."  ... falls prior to Tuesday's surge, GNI wrote: "While we have been warning traders not to get ...

15/08/2010 - 23:05 - comment 0

Oil prices surge after unexpected fall in US stocks

barrels lower that a year earlier. GNI Research in its daily note said the data showed "a shockingly ... Referring to recent price falls prior to Tuesday's surge, GNI wrote: "While we have been warning ...

15/08/2010 - 23:05 - comment 0

Oil Rises Slightly as OPEC Basket Price Drops Below Critical Level

basket price went below $28 ," said oil analyst Lawrence Eagles at brokerage GNI.   Analysts ... barrels per day if the price of a basket of OPEC crudes stays above $28 for 20 working days.  GNI Research earlier expressed scepticism that the output increase would come to pass.  "Some hawks, ...

15/08/2010 - 23:07 - comment 0