Category Archives: Oil

Oil

Inventory Down –

Posted on 19. March 2008 by Jim Sutliff

The inventory report from the Energy Information Administration showed a greater than expected decline in distillates as well as gasoline.  Supplies of gasoline fell 3.5 million barrels and distillates dropped 2.9 million.  Crude oil inventories rose 200,000 barrels but this … Continue reading →

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Oil Plummets –

Posted on 17. March 2008 by Jim Sutliff

Oil drops almost $5 dollars a barrel.  Concern over the future of the economy is likely to dampen oil prices. To view a related article, please click here: http://ap.google.com/article/ALeqM5i5TtajgUpSm7KY5jf-lCJGHBB-tAD8VF9Q680 Jim Sutliff

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Cartoon Look At High Oil –

Posted on 14. March 2008 by Jim Sutliff

High oil prices make for a cartoonist dream. To view a series of cartoons, please click here:\r\n http://cagle.com/news/Oil100/ Jim Sutliff

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Inventories Rise Again –

Posted on 12. March 2008 by Jim Sutliff

Inventories of Crude Oil rose 6.2 million barrels last week.  Gasoline also increased by 1.7 million barrels.  Distillates experienced a lower than expected decline of 1.6 million barrels.  Some of the increase in crude supplies comes from a slight decrease … Continue reading →

Posted in Gasoline, Natural Gas, Oil, Options & Futures | Leave a comment

Oil Hits New Heights –

Posted on 11. March 2008 by Jim Sutliff

Most news reports including the one that we have linked to below, indicate that oil shows no signs of falling.  Although the reports have seem to be logical they lack seeing the obvious.  When a recession takes hold demand will … Continue reading →

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Cheney Visit May Help Output –

Posted on 10. March 2008 by Jim Sutliff

Cheney is expected to ask the Saudis for an increase in production.  The Vice President will be visiting the middle east next week. To read a related article, please click here: http://afp.google.com/article/ALeqM5ii_nBPZlNom_xLZCLd9XluLnciwg Jim Sutliff

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Oil Rises Again –

Posted on 10. March 2008 by Jim Sutliff

Oil rose to new heights again today as investors moved money into the market.  Oil has returned more on investments than other financial markets.  The recent rise in oil seems to have nothing in common with fundamentals.  The bubble will … Continue reading →

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Oil:Up Or Down?

Posted on 7. March 2008 by Jim Sutliff

It’s almost like flipping a coin when looking at short term oil prices. To read a wuick look by EuroNews, please click here: http://www.euronews.net/index.php?page=eco&article=473988&lng=1 Jim Sutliff

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Inventories Fall –

Posted on 5. March 2008 by Jim Sutliff

Crude Oil inventories fell last week as did supplies of heating oil.   Stocks of gasoline rose sharply and may be due to refinery runs being increased. To read a related article, please click here: http://www.forbes.com/feeds/ap/2008/03/05/ap4734639.html Jim Sutliff

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Commodities Fall Most In Six Weeks –

Posted on 4. March 2008 by Jim Sutliff

The biggest drop in commodities in six weeks due mainly to the economy.  A major downward trend across a broad segment of the economy is a view shared by many analysts.  Tomorrow will also be the weekly inventory report as … Continue reading →

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Economic Data Coming This Week –

Posted on 2. March 2008 by Jim Sutliff

Economic data that is due out this week will be closely watched by traders.  Commodities traders also have to take into account inventory data that comes out Wednesday. To view a recent article on the matter, please click here:\ http://www.msnbc.msn.com/id/23416410/ … Continue reading →

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Oil Falls –

Posted on 29. February 2008 by Jim Sutliff

Crude Oil traded at over $103 dollars a barrel overnight and could continue to rise.  Supply should not be much of a concern with a weakening economy expected.  However, geopolitical concerns along with inflows of investment dollars are sparking a … Continue reading →

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Inventory Report Shows Increase –

Posted on 27. February 2008 by Jim Sutliff

The February 27th inventory report showed an increase in Crude Oil supplies by 3.2 million barrels and an increase in Gasoline by 2.3 million barrels.  The increase in gasoline supplies was much higher than originally expected.  Crude Oil supplies at … Continue reading →

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Another Take On Inventory Report –

Posted on 21. February 2008 by Jim Sutliff

There are a number of views on the inventory report released today.  The numbers clearly look to support the bears but the market has yet to fall. To view a recent article click here: http://online.wsj.com/article/SB120360681776683011.html?mod=googlenews_wsj   James Sutliff

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Crude Inventory Rises –

Posted on 21. February 2008 by Jim Sutliff

Crude oil inventory rose 4.2 million barrels for the week.  Gasoline increased 1.1 million with heating oil supplies being drained 4.5 million.  This shouldn’t come as much of a surprise since refineries are switching over to gasoline at this time … Continue reading →

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