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Russia Sees Gloom Despite Rise in Oil In Russia, oil prices are surging, the ruble is up and stocks have taken off. But even the good news has economists worried. Wall Street JournalOil rises over $60 after six-month high settlement U.S. crude for June rose above $60 a barrel ahead of expiry on Tuesday, extending gains from a six-month high settlement a day earlier amid supply concerns over Nigeria and a U.S. refinery. IB TimesChina shares gain on industry support measures - Forbes Chinese shares rose Tuesday following the government&os;s announcement of plans to restructure and support oil refineries and light industries. Market sentiment was also helped by overnight gains on Wall Street. The benchmark Shanghai Composite Index ... Feed DigestEnCana Corp. (ECA) EnCana Corp.'s (ECA) better-than-expected first-quarter 2009 results were driven by robust production growth and strong cost controls. Natural gas production was up 4% to 3.9 Bcf/d, strongly positioning the company to achieve full-year guidance. EnCana also benefited from lower operating costs. We continue to like the company for its industry-leading inventory of long-lived unconventional oil and gas assets. Additionally, EnCana remains focused on capital discipline and free cash flows. With about two-thirds of its volumes this year hedged at very attractive price points, the company is expected to generate around $1.6 billion in free cash flows. Keeping in view the company's year-end 2008 proved reserves and upside potential from unbooked resources, our per share net asset value estimate comes to $64.60. Our new $64 price objective, raised from $54 before, is at approximately 100% of our NAV [net asset value] estimate. ZacksAsian shares hit seven-month highs, oil at $59 Asian shares climbed to their highest level in seven months on Tuesday on fresh hopes the global recession is easing, and oil hovered at six-month peaks as supply concerns helped buoy up prices. IB TimesAsian Stocks, Most Currencies Rise Asian equity markets powered ahead, led by financial and oil stocks, while most Asian currencies gained as appetite for risk picked up. The yen fell, helping Japanese exporters; the Nikkei rose 2.8%. Wall Street JournalEnerVest Energy and Oil Sands Total Return Trust Announces May 2009 Distribution CALGARY, ALBERTA--(Marketwire - May 19, 2009) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF america. EnerVest Energy and Oil Sands Total Return Trust ('the Fund') (TSX:EOS.UN) today announced the May distribution of $0.0417 per unit. The record date for this distribution is May 29, 2009 and the payment date will be June 15, 2009. The ex-distribution date for this payment is May 27, 2009. The Fund is a closed-end trust investing in businesses involved directly and indirectly in the Canadian oil sands and traditional oil and natural gas royalty trusts. Market WireGreen "gold rush" seen in new U.S. auto standards - Reuters DETROIT (Reuters) - The tough U.S. fuel economy standards announced by President Barack Obama on Tuesday represents a bonanza for companies that supply hybrid technology and other gas-conserving components needed to meet the new benchmarks. Potential ... Feed DigestANALYSIS-Green 'gold rush' seen in new U.S. auto standards - CNN Money DETROIT (Reuters) - The tough U.S. fuel economy standards announced by President Barack Obama Tuesday represents a bonanza for companies that supply hybrid technology and other gas-conserving components needed to meet the new benchmarks. Potential ... Feed DigestGasoline Supply Fears Lift Crude Crude-oil futures ended higher at $59.65 a barrel as fires at two refineries posed a threat to the summer's gasoline supplies. Wall Street Journal1 2 3 4 5 |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
Feedzilla manually aggregates news summaries found in RSS feeds, and redistributes them in either RSS format or as a news widget. Content is collected 24 hours a day, 7 days a week from an ever-growing list of providers.
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]