Saturday, November 29, 2014 5:24 PM 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

Canadian oil output to hit 5.8M bpd by 2035

Nov 23, 2013 - Financial Post

EU refiners burn last barrels as closures loom

Nov 21, 2013 - Financial Post

Crude oil price of Indian basket goes up

Nov 19, 2013 - The Times of India

Articles About Crude Oil

A worker walks at the Nahr Bin Umar field, north of Basra, southeast of Baghdad, November 16, 2014. OPEC producer Iraq expects to base its 2015 budget on an oil price of $80 per barrel, Oil Minister Adel Abdel Mehdi told parliament on Monday. Picture take
Australian Stock Market Report – Afternoon November 28, 2014

By Comsec

The weak tone seen in the first half of the session remained over the course of the afternoon. The ASX 200 was unable to recover from the session lows which was where the index spent most of the session. Over the course of the week the index gained 0. (8:54 pm)

MORE TOPICS: IRAQ, TWITTER, FACEBOOK, AUSTRALIA, OPEC, QANTAS

European Central Bank
Global Markets Overview – November 28, 2014

By IG Markets

With US markets closed for Thanksgiving, investors focused on European trade and the OPEC meeting. Yields in Europe continued to decline as markets continue to price in the possibility of QE. ECB President Mario Draghi spoke again and reinforced that... (Nov 28)

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

An oil field is seen at sunrise near Bakersfield, California October 14, 2014. Brent crude hit a new four-year low on Wednesday before recovering to just under $85 a barrel, as faltering global growth curbed demand for fuel at a time of heavy oversupply.
OPEC Decision Leads To Further Drop In Oil Prices

By IBTimes AU

The Organisation of the Petroleum Exporting Countries (OPEC) held a meeting in Vienna, Austria on Nov 27, 2014 to consider reducing output. (Nov 28)

MORE TOPICS: CHINA, EUROPEAN UNION, RUSSIA, INDIA, UKRAINE, OPEC

An oil field is seen at sunrise near Bakersfield, California October 14, 2014. Brent crude hit a new four-year low on Wednesday before recovering to just under $85 a barrel, as faltering global growth curbed demand for fuel at a time of heavy oversupply.
With Falling Oil Prices All Eyes On OPEC Meeting

By IBTimes AU

Falling oil prices may be something to cheer about for the importing countries, but is a cause for concern for the oil producing countries. (Nov 27)

MORE TOPICS: EUROPEAN UNION, RUSSIA, UNITED ARAB EMIRATES, MEXICO, UKRAINE, ANGOLA

Office workers are reflected as they walk past the Australian Securities Exchange building in central Sydney April 8, 2011. Singapore Exchange Ltd has terminated its $8 billion bid for Australia's ASX Ltd after the Australian government formally rejected
Australian Stock Market Report –Afternoon November 19, 2014

By Comsec

The ASX 200 continued to lose ground over the course of the afternoon. While the market finished around session lows, the more discouraging aspect of the session was the index breaking down through the 5400 level. (Nov 19)

MORE TOPICS: TWITTER, FACEBOOK, AUSTRALIA, OPEC, QANTAS

Dow Jones
Australian Stock Market Report – Midday November 11, 2014

By Comsec

Local shares started the second session of the week much like the first, in reverse. The path of the ASX 200 to the session lows was orderly and took the first hour at which point the market was down by 16 points. (Nov 11)

MORE TOPICS: DOW JONES, WESTPAC, MANUFACTURING, TWITTER, FACEBOOK, AUSTRALIA

A pedestrian is reflected in the window of the Australian Securities Exchange with boards displaying stock movements, in central Sydney September 24, 2014. Australian shares lost 0.7 percent on Wednesday morning as Wall Street fell overnight for a third s
Australian Stock Market Report – Midday November 10, 2014

By Comsec

Sellers have applied their weight to the share market on Monday, discriminating little between the various sectors. Mining and energy stocks however have escaped the attention that has seen financials lead the way lower after Westpac (WBC) went ex-dividend, shedding more than 3.5% in the process. (Nov 10)

MORE TOPICS: CHINA, FEDERAL RESERVE, UNEMPLOYMENT, DOW JONES, WESTPAC, TWITTER

Office workers are reflected as they walk past the Australian Securities Exchange building in central Sydney April 8, 2011. Singapore Exchange Ltd has terminated its $8 billion bid for Australia's ASX Ltd after the Australian government formally rejected
Australian Stock Market Report – Midday November 7, 2014

By Comsec

Local shares started the last session of the week on the front foot following encouraging gains for US and European markets over night. The ASX opened with a small loss, down 6 points before trading with a gain of 33 points at the best levels of the morning. (Nov 07)

MORE TOPICS: UNEMPLOYMENT, FTSE, TWITTER, FACEBOOK, EUROPEAN CENTRAL BANK, OPEC

Manufacturing
Australian Stock Market Report – Morning October 23, 2014

By Comsec

US economic data, the Consumer Price Index rose by 0.1% in September while the core index (excludes food and energy) also rose by 0. Prices are up 1.7% on a year ago. The mortgage market index soared by 11.6% with the refinancing index up 23.3% in the latest week. (Oct 23)

MORE TOPICS: CHINA, GOLD, DOW JONES, MANUFACTURING, TWITTER, FACEBOOK

The national flag of China flutters behind a fence of the headquarters of the National Development and Reform Commission (NDRC) in Beijing, in this July 12, 2013
Australian Stock Market Report – Morning October 14, 2014

By Comsec

In Chinese economic data released yesterday, the trade surplus narrowed from US$49.83 billion to US$31.0 billion in September with exports up 15.3% on a year ago with imports up 7%. (Oct 14)

MORE TOPICS: GOLD, DOW JONES, COMMERZBANK, FTSE, TWITTER, FACEBOOK