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
More Project Delays
Low oil prices and lack of credit are taking a heavy toll on the possibility Continue Reading
Russia
Developments in Russia were much in the news last week. In London the former chief Continue Reading
The leak
Last week the Financial Times published excerpts from a leaked copy of the IEA’s World Continue Reading
A report from Britain
Last week a report from the Peal Oil Group, a recently established industrial taskforce, received Continue Reading
Quote of the Week
“With crude oil now down at $70 per barrel and natural gas trading at $6.50 Continue Reading
China’s Oil Reserve Forecast and Analysis Based on Peak Oil Models
By Lianyong Feng, Junchen Li and Xiongqi Pang In order to forecast future oil production Continue Reading
OPEC
Despite the predictions that the Oct. 23 meeting would be contentious, OPEC decided in 90 Continue Reading
A Spreading Crisis
Oil prices moved above $75 a barrel early last week as the markets anticipated a Continue Reading
Investment in new production
Hardly a day goes by without a report that investment in new oil production projects Continue Reading
The OPEC meeting
This week’s price drop sets the stage for what may be the most pivotal OPEC Continue Reading
Collapsing Prices
The week started with prices rising as the stock markets saw some improvement in inter-bank Continue Reading
Financial turmoil
So far it has been another week of violent price swings and falling markets as Continue Reading
Briefs October 20, 2008
Cuba announced there may be more than 20 billion barrels of recoverable oil in offshore Continue Reading
The OPEC production cut
All eyes will be focused on the OPEC meeting that takes place in Vienna this Continue Reading
Oil amidst the financial crisis
The multi-trillion dollar coordinated government bailout of the world’s banking system boosted equity and oil Continue Reading
Prices and the Bailout
Oil prices, and nearly everything else, were dominated by the course of the $700 billion Continue Reading
Gasoline shortages
The effects of September’s hurricanes were still being felt across the southeast last week. While Continue Reading
China
One of the key factors determining oil prices and global demand for oil over the Continue Reading