Crude at Brave New Films

Angola rides the oil boom - 14 Sept 2008

2008-09-20T04:50:19Z

Angola's economy is booming as the country exports nearly all of its oil reserves to countries like China.

Al Jazeera's Stefanie Dekker reports from Luanda, the Angolan capital, on how the state has become Africa's biggest oil producer.

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Wall St. cheers Fed signal

2008-09-18T18:44:30Z

Aug 5 - U.S. stocks surged nearly 3 percent across the board in the biggest one-day rally in four months as investors bet the Federal Reserve will not raise rates this year.

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Oil hits 2-month low

2008-09-03T16:47:43Z

Jul 29 - Crude oil prices dropped roughly $2.50 on fear of further demand reduction in the U.S., the world's largest energy consuming nation.
The Dow jumped 266 points to 11,397. The S&P 500 rallied 28 points to 1,263. The Nasdaq gained 55 points to 2,319.

Oil prices settled at $122.19 a barrel.

Conway Gittens reports from New York.

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Flynt Leverett: Structural Shifts in Global Energy Markets

2008-10-13T02:23:01Z

National governments and national energy companies own more than 80 percent of the world's proven reserves of crude oil and international energy companies have no major places left to go and drill.
This is an excerpt from a Carnegie Council Global Policy Innovations event, "The Rise of the Rest," on July 1, 2008. For the full video, audio, and transcript, go to www.policyinnovations.org or www.carnegiecouncil.org

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Global Pulse - 5/08/08: Oil, Gas - and Carrots

2008-06-18T10:36:25Z

(May 8, 2008) While oil and natural gas prices are skyrocketing, the world's
energy consumers are trying to find ways to reserve oil and gas for
themselves. Now, energy rich countries are using their resources as
political leverage: Iran is trying to sell it. Venezuela is trying to barter
and trade, while oil hungry countries use different strategies to buy into
Africa.

SOURCES: ABC News, U.S.; BBC, U.K.; Press TV and Al Alam, Iran; TV5, France; Latino America Noticias, Uruguay; Asia Today, China; South Asia Newsline, India; Al Jazeera English, Qatar.

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Peak Oil in the Pit

2008-06-15T21:30:15Z

Are we running on empty? Lindsay goes to the NYMEX to find out.

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Wall St. tumbles; oil nears $120

2008-06-09T18:30:07Z

Apr 22 - U.S. stocks were knocked down as oil flirted with a record of $120 a barrel, which added to investor angst over the health of corporate profits. The Dow fell 104 points to 12,720. The S&P 500 fell 12 points to 1,375. The Nasdaq fell 31 points to 2,376. Crude oil surged to a record close of $119.37 a barrel.

Conway Gittens reports from New York.

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Stocks rally; Oil near $114

2008-06-16T09:32:19Z

U.S. stocks crept higher on Monday with energy shares bouyed by record oil prices and moods lifted by better-than-expected corporate profits.The Dow jumped 60 points to 12,362. The S&P 500 rose 6 points to 1,334. The Nasdaq rallied 10 points to 2,286. Crude oil settled at a record of $113.90 a barrel.

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Oil surges past $112

2008-06-06T15:37:19Z

Apr 9 - Crude oil prices jumped above $112 for the first time after an unexpected drop in American crude inventories stoked supply fears.

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Stocks mark time ahead of earnings

2008-06-18T09:30:27Z

U.S. stocks posted small moves in either direction as Alcoa prepared to kick-off first quarter earnings season.
The Dow rose 3 points to 12,612. The S&P 500 rose 2 points to 1,372. The Nasdaq was down 6 points to 2,364. Crude oil closed just above $109 a barrel.

Conway Gittens reports from New York.

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Wall Street rebounds

2008-06-07T09:30:21Z

Mar. 13 - U.S. stocks finished higher, despite a steep drop at the open, on hopes the end of huge subprime write-downs is near. The Dow rose 35 points to 12,145. The S&P 500 gained 6 points to 1,315. The Nasdaq rallied 19 points to 2,263.

Crude oil hit an intraday high of $111 a barrel.

Speaker: Milton Ezrati, market strategist, Lord Abbett

Conway Gittens reports from New York.

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Stocks surge over 3 percent

2008-06-16T03:31:19Z

Mar 11. - The Dow racked up its best one day percentage in at least 5 years. The Dow soared 416 points to 12,156. The S&P 500 rallied 47 points to 1,320. The Nasdaq saw a sharp gain of 86 points to 2,255.

Crude oil jumped as high as $109.72 a barrel.Conway Gittens reports from New York.

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Stocks flat amid commodities surge

2008-06-17T15:33:04Z

Mar 3 - The Dow and the S&P 500 were little changed as record oil prices pushed energy shares higher, but worries about the economy weighed on the banking sector.The Dow slipped 7 points to 12,258. The S&P 500 closed up less than a full point at 1,331. The Nasdaq lost 12 points to 2,258. Crude oil hit an intra-day record of $103.95

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The Fabulous Picture Show - A Crude Awakening -15Dec07- Pt 2

2008-06-13T15:35:29Z

The potentially tragic story of our dependence on diminishing natural resources.

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The Fabulous Picture Show - A Crude Awakening -15Dec07- Pt 1

2008-06-13T15:36:50Z

The potentially tragic story of our dependence on diminishing natural resources.

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