Dominion Lending Centres Clearlease Reports Crude prices rise on weak U.S. dollar (TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS.UN), (TSX:CVE)
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Oil got a boost from the weaker U.S. dollar on Friday, with benchmark crude for June delivery rising $1.07 to settle at US$113.93 a barrel on the New York Mercantile Exchange.
The American dollar hit a three-year low against major currencies, including Canada’s dollar. The greenback’s weakness is also reflected in the price of commodities that are traded on global markets in U.S. dollars.
In London, Brent crude rose 87 cents to settle at $125.89 on the ICE Futures exchange.
On Nymex, heating oil rose 2.99 cents to settle at $3.2758 per gallon, gasoline futures gained 2.88 cents to settle at $3.3984 per gallon and natural gas rose 12.8 cents to settle at $4.761 on the Nymex.
In the U.S., the average gas pump price rose to within a dime of $4 a gallon Friday, as weather-related refinery outages tightened supplies and pushed up prices.
A series of severe storms this week caused power outages that temporarily shut down seven refineries in Texas, Alabama and Pennsylvania. The shutdowns aren’t expected to last more than a few days, but 750,000 to 1 million barrels a day of production has been interrupted, according to Tom Kloza, publisher and chief oil analyst at Oil Price Information Service.
The affected refineries mostly ship product to the Southeast, Midwest and Gulf Coast states, Kloza said. That’s where motorists will probably see the biggest increases in pump prices over the next few days.
Oil and gasoline futures have risen about 35 per cent since mid-February when uprisings broke out in Libya and other countries in the Middle East and North Africa.
Traders have been concerned that the anti-government clashes will significantly disrupt oil supplies. The only disruption so far has been the loss of Libya’s 1.6 million barrels a day of oil production because of unrest there. Libya supplied less than 2 per cent of the world’s oil, most of it going to Europe. Saudi Arabia and other OPEC nations have covered much of the shortfall.
(TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS.UN), (TSX:CVE)
Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Oil got a boost from the weaker U.S. dollar on Friday, with benchmark crude for June delivery rising $1.07 to settle at US$113.93 a barrel on the New York Mercantile Exchange.
The American dollar hit a three-year low against major currencies, including Canada’s dollar. The greenback’s weakness is also reflected in the price of commodities that are traded on global markets in U.S. dollars.
In London, Brent crude rose 87 cents to settle at $125.89 on the ICE Futures exchange.
On Nymex, heating oil rose 2.99 cents to settle at $3.2758 per gallon, gasoline futures gained 2.88 cents to settle at $3.3984 per gallon and natural gas rose 12.8 cents to settle at $4.761 on the Nymex.
In the U.S., the average gas pump price rose to within a dime of $4 a gallon Friday, as weather-related refinery outages tightened supplies and pushed up prices.
A series of severe storms this week caused power outages that temporarily shut down seven refineries in Texas, Alabama and Pennsylvania. The shutdowns aren’t expected to last more than a few days, but 750,000 to 1 million barrels a day of production has been interrupted, according to Tom Kloza, publisher and chief oil analyst at Oil Price Information Service.
The affected refineries mostly ship product to the Southeast, Midwest and Gulf Coast states, Kloza said. That’s where motorists will probably see the biggest increases in pump prices over the next few days.
Oil and gasoline futures have risen about 35 per cent since mid-February when uprisings broke out in Libya and other countries in the Middle East and North Africa.
Traders have been concerned that the anti-government clashes will significantly disrupt oil supplies. The only disruption so far has been the loss of Libya’s 1.6 million barrels a day of oil production because of unrest there. Libya supplied less than 2 per cent of the world’s oil, most of it going to Europe. Saudi Arabia and other OPEC nations have covered much of the shortfall.
(TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS.UN), (TSX:CVE)
Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
Dominion Lending Centres Clearlease Reports Crude prices rise on weak U.S. dollar (TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS.UN), (TSX:CVE)
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Oil got a boost from the weaker U.S. dollar on Friday, with benchmark crude for June delivery rising $1.07 to settle at US$113.93 a barrel on the New York Mercantile Exchange.
The American dollar hit a three-year low against major currencies, including Canada’s dollar. The greenback’s weakness is also reflected in the price of commodities that are traded on global markets in U.S. dollars.
In London, Brent crude rose 87 cents to settle at $125.89 on the ICE Futures exchange.
On Nymex, heating oil rose 2.99 cents to settle at $3.2758 per gallon, gasoline futures gained 2.88 cents to settle at $3.3984 per gallon and natural gas rose 12.8 cents to settle at $4.761 on the Nymex.
In the U.S., the average gas pump price rose to within a dime of $4 a gallon Friday, as weather-related refinery outages tightened supplies and pushed up prices.
A series of severe storms this week caused power outages that temporarily shut down seven refineries in Texas, Alabama and Pennsylvania. The shutdowns aren’t expected to last more than a few days, but 750,000 to 1 million barrels a day of production has been interrupted, according to Tom Kloza, publisher and chief oil analyst at Oil Price Information Service.
The affected refineries mostly ship product to the Southeast, Midwest and Gulf Coast states, Kloza said. That’s where motorists will probably see the biggest increases in pump prices over the next few days.
Oil and gasoline futures have risen about 35 per cent since mid-February when uprisings broke out in Libya and other countries in the Middle East and North Africa.
Traders have been concerned that the anti-government clashes will significantly disrupt oil supplies. The only disruption so far has been the loss of Libya’s 1.6 million barrels a day of oil production because of unrest there. Libya supplied less than 2 per cent of the world’s oil, most of it going to Europe. Saudi Arabia and other OPEC nations have covered much of the shortfall.
(TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS.UN), (TSX:CVE)
Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk