Crude Quotations | Page 2

Fox had been warned about allowing the S-word on the air. The network could have used a delay and bleeped the profanity. But they chose not to. The network chose to air the segment live. Millions of viewers, including children, were offended by the crude profanity.

Later reports suggested they (Saudi forces) foiled the (attack) attempt, but you still have crude oil up over $2 a barrel.

I went from the really crude way we had of recording in Memphis to working with the top engineers and technologies in Los Angeles.

The possibility of a warmer than expected summer, along with a spike in crude oil prices and a freak heat wave in Texas that led to a surge in demand for natural gas all helped boost natural gas futures prices to well above $8 this week. Prices look to stay there in the near term, despite the record inventories.

One of the ministers from Kuwait said that just the specter of negative news out of the Middle East adds about $9 to a barrel of crude oil.

One of the recent themes has been the falling dollar, higher materials and commodities. If that is reversing, you could see a rotation out of materials and commodities. At the same time, oils are getting hit by falling crude prices.

Having the strategic petroleum reserve, sadly, puts crude oil in the hands of refineries that can't refine it quickly enough to affect the market, ... With this gasoline and jet-fuel reserve, we can have an immediate impact on the market.

Looking back, it is understandable why the Australian and New Zealand currencies peaked in early 2005. That was about the same time that the demand for crude oil also started to moderate.

Looking at the continuation charts necessarily produces a conclusion that heating oil and crude face strong support points that will require some new item of fundamental import to enable a breakdown. If prices were under such monumental pressure then the November lows would certainly have been broken.

From a purely fundamental basis, the market shouldn't be within $20 of the crude price that we're seeing. But people are reluctant to sell.