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