Friday, March 28, 2008

Oil News around the Internet

Weekend roundup for oil news


Oil falls after Iraq restores pipeline flows

Oil fell $2 on Friday after Iraq swiftly restarted a crude pipeline system that had been hit by a bomb attack the day before.


Research and Markets: Learn About ATP Oil Gas Corporations Upstream Oil And Gas Assets Across The Globe

Research and Markets has announced the addition of "ATP Oil & Gas Corporation Oil and Gas Assets Report" to their offering.


Oil down on end of week profit taking, restored Iraq oil flows, US eco worries

Oil extended earlier falls as end of week profit taking gained momentum amid a stronger dollar, news of increased oil flows from Nigeria, restored flows in Iraq and renewed worries over the US economic slowdown.


Chavez against continued oil price rise

Venezuela is not interested in seeing oil prices rise further and is pushing to stabilize the market, President Hugo Chavez said Thursday following a visit to the site of a Brazilian refinery being built to process Venezuelan crude.


US Oil and Gas Rig Count Up 24 This Week

The number of rigs actively exploring for oil and natural gas in the United States rose by 24 this week to 1,808.


Sector Roundup: Oil Refiners Climb, Airline Shares Slip on Fuel Prices, Flight Cancellations

Shares of oil refiners rose Friday as oil prices deflated and a Soleil Securities analyst reiterated a "Buy" rating on Frontier Oil Corp. citing of a positive view on its North American assets.


Meridian Resource to Present At IPAA Oil and Gas Investment Symposium

The Meridian Resource Corporation (NYSE:TMR) announced today that Chairman and CEO Joe Reeves will update investors and analysts on its current operations and future strategy at the IPAA Oil and Gas Investment Symposium in New York City on Monday, April 7, 2008 at 4:10 p.m. Eastern time.


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