Mixed Signals on Production Cuts
OPEC oil ministers continue to send mixed signals as to whether there will be a Continue Reading
Oil Bouncing with Financial News – Prices in the low $50s
For the past week oil prices, as usual, bounced up and down in accordance with Continue Reading
Week of November 24, 2008
1. Supply and demand; 2. OPEC; 3. Price forecasts; 4. Detroit; 5. More on the Continue Reading
Supply and demand
After six days of decline, oil prices rose 50 cents on Friday to close at Continue Reading
OPEC
As oil prices continue to fall, the average price received by OPEC is now approaching Continue Reading
Price Forecasts
As oil prices spiraled upwards last spring, the press was full of stories about how Continue Reading
US Auto Industry Worst Week in History
The US automobile industry had one of the worst weeks in its history. After two Continue Reading
More on the IEA Report
Two weeks after the IEA’s 2008 World Energy Outlook was published, lengthy commentary and analysis Continue Reading
Contradictory Statements at the OPEC Meetings
OPEC seems to be in more disarray than usual this week. After agreeing to hold Continue Reading
Oil Prices Continue To fall
Oil prices have fallen for the last four trading sessions. Monday’s drop was precipitated by Continue Reading
Prices and production
After the markets digested China’s $586 billion stimulus package on Monday, prices fell from a Continue Reading
The Next OPEC Meeting
It is now confirmed that the meeting of Arab OPEC members in Cairo on November Continue Reading
The IEA World Energy Outlook 2008
The official release of the IEA’s World Energy Outlook 2008, has already brought forth a Continue Reading
Venezuela & The Price Drop
Of all the OPEC members, Venezuela may be the one suffering most from the precipitous Continue Reading
General Motors
The drama over the future of the US automobile industry –or lack thereof – continued Continue Reading
Quote of the Week
The U.S. could soon find itself scrambling to make up 11 percent in lost oil Continue Reading
Prices and Consumption
Oil prices had another volatile week in the midst of the US elections, threats from Continue Reading
Production Cuts
From all indications, OPEC appears to be making a serious effort to reduce production and Continue Reading
Investment Continues to Fall
The worldwide financial liquidity crisis continues to affect future oil projects. Major companies say that Continue Reading
The forthcoming IEA report
Last week the International Energy Agency released the 12 page executive summary of the World Continue Reading
Detroit
The future of the American automobile industry is hanging in the balance and is likely Continue Reading
Quote of the Week
“For the gas industry, peak gas output could come sooner than expected, ‘maybe not too Continue Reading
Supply & Demand
In the last three days oil prices have bounced between $62 and $71 a barrel Continue Reading
OPEC’s Production
Oil prices over the next few months are likely to be heavily influenced by just Continue Reading
Prices and Production
Oil prices started out last week by falling to $61, the lowest since May 2007. Continue Reading