Monthly Archives: January 2013

Crude Oil Gains Slightly –

Posted on 22. January 2013 by Jim Sutliff

Crude oil continued to rise and traded over $96 a barrel on Tuesday.  Economic growth in China and unrest in Algeria supported prices.  In additon, the International Energy Agency increased their forecast for oil demand in 2013.  Crude oil prices have been increasing … Continue reading →

Posted in Democrat, Economic News, General, Investments, Oil, Options & Futures, Political News, Republican, Trading | Leave a comment

Crude Oil Inventory Levels Rise In Cushing –

Posted on 4. January 2013 by Jim Sutliff

According to the Energy Information Administration, inventories of crude oil fell 11. 1 million barrels.  The decline was partly due to year end tax concerns in the refining industry.  However, crude oil inventories rose significantly in Cushing Oklahoma which is major storage … Continue reading →

Posted in Economic News, Gasoline, General, Investments, Oil, Options & Futures, Regulatory, Tax, Trading | Leave a comment