Category: Crude Oil
The analysis published under this category are as follows.Thursday, May 13, 2010
What You're Not Hearing About the Coming Offshore Oil Drilling Ban / Commodities / Crude Oil
Matt Badiali writes: Several months ago, I published a research report on the Strait of Hormuz, the narrow waterway that runs along the Iranian coast.
Around 40% of the world's oil supply moves through this "chokepoint." That oil is pumped from the fields in the Middle East, loaded onto ships, and sent to Asia, Europe, and North America.
Monday, May 10, 2010
Greenland Proceeds with Plans for Offshore Drilling in Arctic Waters / Commodities / Crude Oil
While the oil spill from a sunken drilling rig in the Gulf of Mexico threatens to become an environmental disaster, plans are proceeding for opening up new drilling territories in the iceberg-infested waters off Greenland.Read full article... Read full article...
Saturday, May 08, 2010
The Coming Oil Price Shock / Commodities / Crude Oil
Fatal Difference - Fatal Indifference - We need only to recap the experience of the 1970s and 1980s to understand why massive public national deficit financing of Keynesian-type spending to restore global economic growth will almost surely end with a 1970s style oil shock. That is oil price explosion, falling consumer confidence and corporate investment, falling economic growth, finance sector panic, competitive devaluation of world moneys and a catastrophic slump back into recession. Like the 1970s experience, the recession will be very inflationary.
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Saturday, May 08, 2010
Crude Oil Plunges as Turbulence Rocks Financial Markets / Commodities / Crude Oil
In a week of market turmoil resulting from Greece’s fiscal crisis, oil went from an intraday high above $87 on Monday – its highest point in more than a year and a half – to plunge briefly below $75 on Friday.Read full article... Read full article...
Friday, May 07, 2010
Crude Oil Follows Euro Lower / Commodities / Crude Oil
Crude oil prices have been sinking this week with the plunge in the Euro resulting from serious concerns over the credit worthiness of major European economies including Greece, Spain, and most recently, Portugal.
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Wednesday, May 05, 2010
Crude Oil, The Terror Of The 100-Dollar Barrel / Commodities / Crude Oil
WAR ON TERROR
News reports focus a slightly damaged, propane-charged Nissan four wheel drive abandoned in Times Square, and a well-managed trail of clues leading from the Gulf emirate of Dubai, to Islamabad and the NW Frontier. News from another Gulf, this time the BP rig explosion in the Gulf of Mexico, suffers the same heavy-handed news management and hype.
Wednesday, May 05, 2010
How to Profit From High Oil Prices / Commodities / Crude Oil
William Patalon III writes: The game is called "Let's Make a Deal," the grand prize is an uninterruptible supply of oil, and China is moving aggressively to make sure that it's the winner.
The United States, the U.S. dollar, and U.S. consumers all stand to be the "biggest loser."
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Wednesday, May 05, 2010
Syria Appeals For More Foreign Oil Money Yet Bureaucracy Remains A Questionable Obstacle / Commodities / Crude Oil
As Syria aggressively courts foreign investors to rescue its dwindling oil and gas sector, government corruption and problems settling disputes remain sticking points for some interested international players. But experts are divided over how contentious these obstacles truly are.Read full article... Read full article...
Wednesday, May 05, 2010
BP Gulf Crude Oil Spill Threatens Halt to White House Offshore Drilling Plans / Commodities / Crude Oil
The oil spill in the Gulf of Mexico from a collapsed offshore drilling rig could affect White House plans to extend offshore drilling, press secretary Robert Gibbs acknowledged as the oil slick threatened onshore sites from the Louisiana wetlands to the Sarasota beaches and disrupted fishing and energy industries.Read full article... Read full article...
Wednesday, May 05, 2010
Three Mile Island for U.S. Oil Supply / Commodities / Crude Oil
David Galland, Managing Director, Casey Energy Report writes: Willie Shakespeare may have summed it up best when, borrowing the voice of King Richard III, he penned “A horse! A horse! My kingdom for a horse!”
History is replete with examples of how, but for the proverbial horse, kingdoms have been lost.
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Sunday, May 02, 2010
Crude Oil to Break New 52-week High / Commodities / Crude Oil
The RBOB gasoline contract finished the week very strong and was the main driver for crude oil`s stellar bounce off the Euro zone downgrade which sparked a selloff earlier in the week. Crude oil rose to a three-week high and gasoline surged as a report showed the U.S. economy grew 3.2% in the first quarter on strong consumer and business spending.
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Saturday, May 01, 2010
BP Oil Blowout USA, Highwater Horizon For Oil Prices / Commodities / Crude Oil
The Deepwater Horizon accident and its sequel of 5000 barrel a day leakage, and spiraling estimates for the final cost of this disaster already eating into stock prices for BP, Haliburton and Transoceanic - the main players in this sombre event - underlines a simple fact of world oil: deep offshore, extreme environment, and high tech oil production carries high risk. Wherever there is risk, final user prices have to include cover of this risk. When risk rises, final user prices have to rise.
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Saturday, May 01, 2010
Economic Data, BP Oil Spill Push Crude Prices Higher at End of Week / Commodities / Crude Oil
Oil Market Summary for: 04/26/2010 to 04/30/2010Stubbornly high crude oil inventories continued to stymie bulls through the middle of the week, but the market seized on positive economic data to push prices higher toward the end of the week.
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Friday, April 30, 2010
Why You Shouldn’t Believe OPEC’s Crude Oil Reports / Commodities / Crude Oil
Marin Katusa, Senior Editor, Casey’s Energy Opportunities writes:
In December 2008, after OPEC warned of “substantial cutbacks,” I voiced my strong opinion that the members of the Dirty Dozen would cheat, because cartels always cheat. Sure enough, despite all the talk about production cutbacks, even more oil flowed out of OPEC.
The harsh truth is that the whole honor and brotherhood thing may work for the Three Musketeers, but it’s a non-starter when, like the OPEC members, you have to foot the bill for hefty social programs.
Friday, April 30, 2010
Crude Oil Outlook: This Indicator Says Buy Now / Commodities / Crude Oil
Is oil’s run over? Is $85 too far, too fast for oil prices? Is too late to buy?Investors are faced with a lot of touch questions about oil now. However, one little-known indicator is flashing “buy.” And the last time two times it did that oil prices more than doubled each time. Here’s the set-up.
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Monday, April 26, 2010
The Imminent Crash Of The Oil Supply / Commodities / Crude Oil
Nicholas C. Arguimbau writes: What Is Going To Happen And Why Weren't We Forewarned?
Look at this graph and be afraid. It does not come from Earth First. It does not come from the Sierra Club. It was not drawn by Socialists or Nazis or Osama Bin Laden or anyone from Goldman-Sachs. If you are a Republican Tea-Partier, rest assured it does not come from a progressive Democrat. And vice versa. It was drawn by the United States Department of Energy, and the United States military's Joint Forces Command concurs with the overall picture.
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Saturday, April 24, 2010
Housing Market and Positive Earnings Fuel Rise in Oil Prices / Commodities / Crude Oil
Thursday’s (April 22) reports that showed improvements in the number of initial jobless claims and the number of existing home sales for March, along with a string of positive earnings reports this week have helped propel fuel prices over $84.
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Wednesday, April 21, 2010
Has Crude Oil Topped Out For The Year? / Commodities / Crude Oil
There is no doubt about it, crude oil has been very choppy. There are two camps involved in the crude oil market: one is bullish and the other is bearish. In this new short video, I show you which camp I am in and what I think is going to happen to the crude oil market for the balance of the year.
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Wednesday, April 21, 2010
Manipulated Rigged Crude Oil Prices And The Big Bounce / Commodities / Crude Oil
World oil trading mainly concerns "paper oil" contracts traded at a rate vastly higher than actual physical oil production, supply and demand. Paper oil contracts on crude and products cover volumes and quantities at least 60 to 80 times more than actual physical supply and demand. In the case of the USA, where the oil trading system started, the difference is even bigger - usually at least 100 times. The financial players who operate the market, ranging from private investment banks and brokers through commercial banks, hedge funds and high net worth individuals set the scene for price movements, and generate the price spikes and troughs the press and government like to blame on the oil industry, environmentalists and government, or on OPEC.
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Tuesday, April 20, 2010
The Most Important U.S. Oil Discovery in 40 Years / Commodities / Crude Oil
"They've ringed fenced me," Cactus said.
I am not an oil and gas analyst.