Category Archives: Oil

Oil

Inventory Report Speculation –

Posted on 20. February 2008 by Jim Sutliff

Responses to a Bloomberg survey indicate a rise in supplies for the inventory report due out Thursday.  The report is delayed one day due to President’s Day.  The report is expected to show an increase in crude oil supply of … Continue reading →

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Oil Continues Unlikely Rise –

Posted on 20. February 2008 by Jim Sutliff

Oil broke the $100 dollar mark again yesterday. This record took place with demand likely to fall and a weekly inventory report to probably show an increase in supply. This week the inventory report could be a lulu with crude … Continue reading →

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Chavez Backs Off Threat –

Posted on 17. February 2008 by Jim Sutliff

Chavez has changed his mind for the time being.  He has now determined that his nation will not cut off oil supplies to the America.  I imagine someone informed him that the refineries that can handle his sour crude are … Continue reading →

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Oil Prices Move Sideways –

Posted on 13. February 2008 by Jim Sutliff

Oil prices moved sideways today after an inventory report that landed near expectations.  The end result should be that the market is solid and prices should fall.  The report has yet to be fully digested by traders. To view a … Continue reading →

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Oil Demand Expected To Decline –

Posted on 12. February 2008 by Jim Sutliff

The energy department cut its forecast for oil demand and price.  The change in the forecast coupled with the inventory report due out on Wednesday may dampen oil prices further.  The Energy Information Administration is expected to indicate that crude … Continue reading →

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IMF Chief Warns Of Oil Decline –

Posted on 10. February 2008 by Jim Sutliff

A chief for the International Monetary Fund recently mentioned the possibility of declining oil prices.  The discussion was mainly centered around the effects that a decline would have on economies of some African nations. To view a recent article click … Continue reading →

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Slippery Slope For Crude?

Posted on 4. February 2008 by Jim Sutliff

Oil prices refused to rise after the Fed cut rates and OPEC declined to increase output.  The seasonal rebuilding of inventories coupled with a possible recession are putting a ceiling on prices.  Some speculate that the price can hit as … Continue reading →

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OPEC & Oil –

Posted on 27. January 2008 by Jim Sutliff

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 –

Posted on 23. January 2008 by Jim Sutliff

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 –

Posted on 10. January 2008 by Jim Sutliff

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?

Posted on 7. January 2008 by Jim Sutliff

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: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a_q29vlFVK4Q   James Sutliff

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The Rise And Coming Fall Of Oil –

Posted on 3. January 2008 by Jim Sutliff

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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Oil Rises On Inventory Report –

Posted on 12. December 2007 by Jim Sutliff

Oil rose today following an inventory report which indicated lowering supplies.  The increase of oil at Cushing Oklahoma has not been fully taken into account.  Cushing rose 1.4 million barrels and has been rising almost every week for the past … Continue reading →

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Ahead Of Opec Meeting –

Posted on 4. December 2007 by Jim Sutliff
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Bearish Oil Inventory Report –

Posted on 28. November 2007 by Jim Sutliff

The increase in oil inventory from the latest supply report caused the largest 2 day drop in oil prices since January.  To read a related article please click the link. http://www.bloomberg.com/apps/news?pid=20601087&sid=axonsYBVbHYg&refer=home   James Sutliff

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