Monthly Archives: January 2008

OPEC & Oil –

Oil markets are set for another rocky week.  OPEC will meet on Friday to discuss production increases and the weekly inventory report is due on Wednesday.  Currently, analysts expect OPEC to keep levels the same.  However, the recent arms deal … Continue reading

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Oil Continues Slippery Slide –

Oil continues to slide as economic concerns drag down price.  Inventory reports on Thursday are expected to show an increase in suppy.  It is normal for this time of year to have stockpiles grow.  It is also suspected that refinery … Continue reading

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OPEC Production Targets –

The increase in refining to over 90% has led to a fall in U.S. crude oil inventory.  This may lead to an increase in OPEC production targets at their February meeting.  That type of speculation coupled with very warm weather … Continue reading

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Springtime in NY?

Temperatures in New York are expected to be in the mid to high 60s this week.  Oil demand will take a long awaited hit. To view a recent article click here:   James Sutliff

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The Rise And Coming Fall Of Oil –

Oil rose briefly today following an inventory report which indicated lowering supplies of crude oil.  However, Cushing Oklahoma held its levels and there was an unexpected rise in heating oil.  Heating oil supplies should continue to rise in the coming … Continue reading

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