Category: Crude Oil
The analysis published under this category are as follows.
Monday, March 08, 2010
Crude Oil Breaks The Dollar Rule For The Summer High Noon / Commodities / Crude Oil
By: Dian_L_Chu
Crude oil surged to its highest level in almost eight weeks and gasoline also rose to a 17-month high after the U.S. employment declined less than forecast in February. Encouraged by the upbeat news, investors moved into oil on the expectation that fuel demand will climb as economic growth picks up pace.
Sunday, March 07, 2010
Strong Unemployment Report Sends Oil Prices to Two Month High / Commodities / Crude Oil
By: LiveCharts
Oil is among the winners following the surprisingly strong unemployment report released by the government on Friday (March 5). Jobless claims and unemployment numbers both came in lower than expected for February according to the Labor Department.
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Saturday, March 06, 2010
U.S. Jobs Data Propels Crude Oil Above $80 a Barrel / Commodities / Crude Oil
By: OilPrice_Com
Jobs data indicating that U.S. economic recovery might be picking up steam finally pushed crude oil futures decisively over the stubborn $80 a barrel threshold. Nymex’s benchmark West Texas Intermediate settled Friday at $81.50 a barrel, a seven-week high, after topping $82 in intraday trading.Read full article... Read full article...
Wednesday, March 03, 2010
Solid Jobs Data Drives Gold, Oil Prices Higher / Commodities / Crude Oil
By: LiveCharts
A positive report on jobs Wednesday (March 3) showed a slight increase in the number of employed workers in the US. This was a strong enough sign to prompt some analysts to suggest unemployment and a bad jobs market could be bottoming out.
The solid economic news was enough to drive oil prices higher despite the latest Energy Information Administration report that shows relatively high levels of crude stockpiles in the US. With more employed people, the market expectation is that demand by businesses and consumers for oil-based products like fuel will rise.
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Monday, March 01, 2010
Save Oil And Save The Planet / Commodities / Crude Oil
By: Andrew_McKillop
Anytime that oil prices hit US$ 80 a barrel, alarm bells start ringing, and tried-and-tested slogans
are dusted off, for one more run in the media. In January 2010 oil prices briefly surged past US$ 80
a barrel, prompting US Energy Secretary Chu to add more proof that high-priced oil, if not global
warming is taken seriously by high level national deciders and policy makers. Chu's schizophrenic
concern on high priced oil was underlined by the fact that high oil prices make it a little less
uneconomic to develop the mostly and usually costly new and renewable energy sources his
Department is promoting with fervour.
Sunday, February 28, 2010
Growing Environmental Concerns on U.S. Shale Oil and Gas Projects / Commodities / Crude Oil
By: OilPrice_Com
Texas became the latest state to launch an environmental watchdog for energy development as a nonprofit group set its sights on the Barnett Shale drilling in the Dallas-Fort Worth area.
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Thursday, February 25, 2010
Oil Prices Climb After Bernanke Speaks of Low Interest Rates / Commodities / Crude Oil
By: LiveCharts
The dollar has been firming up in the last several weeks, thanks in large part to growing expectations of a tighter monetary policy leading to higher interest rates. Federal Reserve Chairman Ben Bernanke tried to reassure Americans and quash some of those assumptions with his comments to Congress about the economy Wednesday (February 24).
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Wednesday, February 24, 2010
Kurds Push for Oil Law with Baghdad Amid South’s Sudden Bright Future / Politics / Crude Oil
By: OilPrice_Com
While the Iraqi government has made overtures to its Kurdish counterpart in the north to end an oil standoff, much remains in doubt without an actual law keeping the industry in check - rules which this time the Kurds are pressing for rather than Baghdad.
Friday, February 19, 2010
Libya Courting Oil & Gas Investors but Faces a Tough Sell Following Recent Government Fiascos / Commodities / Crude Oil
By: OilPrice_Com
The Libyan government has been sounding off lately about boosting the profile of its oil and gas market, but it’s questionable whether international companies will ignore the government’s missteps in the industry - not to mention the recent lackluster energy finds - and keep injecting money into the North African country.Read full article... Read full article...
Saturday, February 13, 2010
Crude Oil Market Summary for Week Ending 12th Feb 2010 / Commodities / Crude Oil
By: OilPrice_Com
Crude oil prices took a dive on Friday after a week of gains from U.S. blizzards were undercut by another move in China to tighten monetary policy.
China's central bank raised reserve requirements for its banks for the second time this year as it tries to curb lending and avoid asset bubbles from forming in an overheated economy. China is the world's second-largest importer of oil, after the U.S., and one of the world's fastest-growing economies, so energy markets are very sensitive to any change in conditions there.
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Thursday, February 11, 2010
Crude Oil Black Gold Trade Zone Strategy / Commodities / Crude Oil
By: Joseph_Russo
Visual Guidance | Buy Weakness | Sell Strength >> Crude Oil
One of the highest standards in assessing forecasting models is to determine whether such models provide consistent forward-looking guidance before the fact, not after.
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Tuesday, February 09, 2010
Sovereign Debt Default Risk and the Price of Crude Oil / Commodities / Crude Oil
By: Dian_L_Chu
European and U.S. stock markets have taken a hit recently as spooked investors from Shanghai to Sao Paolo were fleeing risky assets amid concern that the financial crisis in Portugal and Greece could spread through the euro zone with vast implications for the fate of the fragile global economic recovery. (Fig. 1)
Tuesday, February 02, 2010
Crude Oil Close to Major Cycle Low / Commodities / Crude Oil
By: INO
Hi, this is Adam Hewison. I am just getting back into the swing of things and decided to take a look at the crude oil market.
It's the first time I've looked at this market this year and one thing jumped out at me right away and I wanted to share it with you.
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Saturday, January 30, 2010
Crude Oil Slips Below $73 a Barrel / Commodities / Crude Oil
By: OilPrice_Com
Crude oil futures slipped below $73 a barrel for West Texas Intermediate late Friday as a temporary boost from strong GDP figures failed to last and let prices sink to a one-month low.
Earlier in the week, China, weak refinery demand and slumping tech stocks all conspired to keep energy prices low, with prices oscillating around $73 a barrel.
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Wednesday, January 27, 2010
The Other Crude Oil Play You Simply Can't Ignore / Commodities / Crude Oil
By: Marin_Katusa
The biggest economic shift of our time is under way.
Cheap and easy oil is gone for good. And given our addiction to low-cost oil, the results are about to put the squeeze on your pocket book.
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Sunday, January 24, 2010
Oil Stocks, a Cheap Way to Buy Crude Oil Reserves / Commodities / Crude Oil
By: DailyWealth
Chris Mayer writes: We really don't know as much about the oil market as we think we do.
There are many numbers out there, but most of these involve a lot of guesswork. For example, we really don't know just how much oil the world will need. The U.S. Department of Energy says we'll need 106.6 million barrels a day by 2030, but how does it know? It can't know. It can't know what the world will look like in 2030.
Saturday, January 23, 2010
Crude Oil Market Summary for the Week Ahead 18th to 22nd Jan 2010 / Commodities / Crude Oil
By: OilPrice_Com
New measures by Chinese authorities to curb bank lending reversed a rally in energy prices early in the week, bringing West Texas Intermediate futures down more than 4% in the second half of the week to below $75 a barrel by Friday.
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Thursday, January 21, 2010
Land-locked Central Asian Oil Country Plays Important Role from Vancouver to Vladivostock / Commodities / Crude Oil
By: OilPrice_Com
2010 is starting with a decision that faced heated debates: Kazakhstan will hold the chairmanship of the Organization for Security and Co-operation in Europe (OSCE) for one year, despite what many considered as a questionable political and democratic track record. With 56 participating States from Europe, Central Asia and North America, the OSCE is the largest regional security organization in the world. Read full article... Read full article...
Sunday, January 17, 2010
Crude Oil Prices Fall as Winter Premium Melts Away / Commodities / Crude Oil
By: OilPrice_Com
Crude oil futures fell for five straight sessions as warmer weather in the U.S. dispelled forecasts of unusually low temperatures and allowed concerns about demand to come to the fore. The price for Nymex’s West Texas crude fell about 6% during the week, starting at nearly $83 and finishing at $78.
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Friday, January 15, 2010
Cheap Crude Oil is Gone, and That's Good News / Commodities / Crude Oil
By: Casey_Research
Marin Katusa writes: Over the next year or two, you will likely find yourself paying a LOT more at the gas pump. Big changes are taking place in the oil industry. With increased global demand and declining supply, easy oil is not so easy anymore.
Everything is about to get more expensive. From gasoline to anti-freeze, life jackets to golf balls, and eye glasses to fertilizer. There are very few things in the modern world that aren't made from oil, made by machines dependant on oil, or shipped by vehicles powered by oil.
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