Friday, August 22, 2014 11:59 AM EST

Crude Oil

Crude oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights, and other organic compounds, that are found in geologic formations beneath the earth's surface.

Headlines Around the Web

Exxon petrochemical plant targets Asia

Jan 08 - Financial Times

Crude oil price of Indian basket goes up

Nov 19 - The Times of India

Articles About Crude Oil

People stand in line to enter the Doctor Voino-Yasenecky Saint Luka train, which serves as a free consultative and diagnostic medical centre, at a railway station of Divnogorsk, outside Russia's Siberian city of Krasnoyarsk May 26, 2014.
Canada Think Tank Seeks Fresh Enquiry Into Lac Megantic Train Tragedy: Suspects Official Report As Cover Up

By IBTimes AU

Any probe report has to be convincing to the general public (Aug 19)

Oil field
Australia Could Become an Oil Giant After Apache Discovery of Field With Potential of 300 Million Barrels of Black Gold

By IBTimes AU

As it is, Australia looms to become the biggest export of liquefied natural gas by 2017. On Monday, American oil firm Apache announced that it has discovered an oil field in Australia that is potentially the biggest discovery in the last 30 years. (Aug 19)

MORE TOPICS: GOLD, AUSTRALIA

A broker monitors the market from his booth during a trading session at Karachi Stock Exchange
Australian Stock Market Report –Afternoon August 6, 2014

By Comsec

Sellers continued to apply pressure to the ASX 200 over the course of the afternoon on Wednesday. So far this week the index has shed just over 0.8 per cent having lost half a per cent last week. (Aug 07)

MORE TOPICS: TWITTER, FACEBOOK, AUSTRALIA, RETAIL, MALI

Australian Stock Market Report – Midday June 30, 2014

By Comsec

Sellers have been largely unopposed in the first part of the session on Monday. Almost every sector measured by the ASX has been in retreat in the absence of any strong lead from Wall St. Mining stocks were generally lower although the influences from underlying prices weren't significant. (Jun 30)

MORE TOPICS: IRAQ, TWITTER, FACEBOOK, RETAIL, WOOLWORTHS, INVESTMENT

Australian Stock Market Report – Morning June 26, 2014

By Comsec

In US economic data, durable goods orders fell by 1.0% in May, below forecasts tipping a flat result. Excluding defence equipment, orders rose by 0. The final reading of economic growth (GDP) in the March quarter showed a decline of 2.9%, bigger than the 1.7% decline that was forecast. (Jun 26)

MORE TOPICS: GOLD, IRAQ, UNEMPLOYMENT, DOW JONES, FTSE, TWITTER

Australian Stock Market Report – Afternoon June 13, 2014

By Comsec

The All Ordinaries Index (XAO) fell by 0.45 per cent today, hitting a two-month low and sliding for the third day. Despite some better than expected Chinese economic news late this afternoon, the Australian sharemarket finished lower with continued u... (Jun 13)

MORE TOPICS: CHINA, GOLD, IRAQ, TWITTER, FACEBOOK, GOLD PRICES

IRAQ Security
Stocks Wobble as Gulf War Looms

By IBTimes AU

Local and global stocks are wobbling in the market on oil price hike (Jun 13)

MORE TOPICS: BARACK OBAMA, IRAQ, BNP PARIBAS, AUSTRALIA, OPEC, TONY ABBOTT

Australian Stock Market Report – Midday June 13, 2014

By Comsec

The Australian sharemarket is losing ground for the third straight day and is at a two-month low due to a renewed focus on Iraq. President Obama hasn't ruled out the possibility of military action in the troubled nation. (Jun 13)

MORE TOPICS: CHINA, IRAQ, WESTPAC, TWITTER, FACEBOOK, RETAIL

Australian Stock Market Report – Morning June 12, 2014

By Comsec

In US economic data, the Federal Budget was in deficit by US$130 billion in May, in line with market expectations. New mortgage applications rose by 10.3% in the latest week with the purchase index up 9. (Jun 12)

MORE TOPICS: GOLD, IRAQ, UNEMPLOYMENT, DOW JONES, FTSE, TWITTER

Australian Stock Market Report – Morning 5/29/14

By Comsec

In US economic data, the weekly mortgage market index fell by 1.2% with the purchase index down 1.1% and the refinance index down 1. According to Redbook Research, weekly chain store sales fell rose by 3.2% on a year ago, down from the 3.9% annual gain in the previous week. (May 29)

MORE TOPICS: GOLD, FEDERAL RESERVE, UNEMPLOYMENT, DOW JONES, FTSE, GERMANY