Oil price rises on superstorm threat to supplies
Excerpt:BANGKOK Oil prices rose Wednesday after a fierce storm caused havoc across the northeastern U.S. and was threatening to inflict more damage inland. Concerns about oil supplies pushed benchmark crude for December delivery up 78 cents to $86. 46 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose 14 cents to finish at $85. 68 a barrel in New York. Brent crude, used to price many international varieties of oil, rose 46 cents to $109. 54 per barrel. A hurricane that evolved into a winter superstorm, Sandy cut power to more than 8 million homes, shut down 70 percent of East Coast oil refineries and inflicted worse-than-expected damage in the New York metropolitan area. That area produces about 10 percent of U.S. economic output.
Keywords:
New York New York Mercantile Exchange New York metropolitan area barrel oil refineries New York state Oil prices Brent crude oil supplies power outages economic output electronic trading heavy rain New Jersey bangkok international varieties Global Insight storm Coast fierce feedstock Mercantile Outlooks damages overnight ports imports hurricane forecasting hazardous superstorm Opinions conditions PennsylvaniaPeople:
Sandy
Overall Sentiment: 0.0194641
Relevance: 0.559073
Brent crude
Overall Sentiment: 0
Relevance: 0.549834
Carl Larry
Overall Sentiment: 0
Relevance: 0.394135
Sentiment | Quote |
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0.141443 | "So even if refineries were able to get up and running soon, there's a good chance we won't have the feedstock to keep them going," said Carl Larry ... |
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Key:
- Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
- The Mean is meant to be an indicator of an individual's average comment sentiment.
- The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).
Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.
Additional Info:
City: New York
Overall Sentiment: -0.0754195
Relevance: 0.878445
City: BANGKOK
Overall Sentiment: -0.153615
Relevance: 0.648478
Region: East Coast
Overall Sentiment: -0.133665
Relevance: 0.613465
Country: U.S.
Overall Sentiment: -1
Relevance: 0.477956
Country: Canada
Overall Sentiment: 0.144133
Relevance: 0.301021
StateOrCounty: New York
Overall Sentiment: -0.0135555
Relevance: 0.476985
StateOrCounty: New Jersey
Overall Sentiment: -0.0977191
Relevance: 0.411613
StateOrCounty: Pennsylvania
Overall Sentiment: 0.103621
Relevance: 0.335056
Company: IHS Global Insight
Overall Sentiment: -0.0261957
Relevance: 0.482798
NaturalDisaster: hurricane
Overall Sentiment: 0
Relevance: 0.366005
Provided Keywords:
- brent
- gas prices
- Hurricane Sandy
- oil prices
- sandy
- superstorm sandy
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