Category Archives: Oil

Oil

Oil Rises & Natural Gas Slides –

Oil prices almost touched $75 a barrel the other day and may continue to rise.  The expected decline in the dollar could contribute to future increases in oil prices.  The recovery in Europe may also weaken the dollar relative to … Continue reading

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Oil Rises Again –

Oil prices continue to climb and moved past the $70 dollar mark last week.  The growing Asian economies are one of the reasons for the recent increase in prices.  However, the market seems to be adequately supplied with crude oil. … Continue reading

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IEA Expects Crude To Fall –

Crude oil fell to as low as $51.29 a barrel after the International Energy Agency predicted a decline in oil demand.  The Interantional Energy Agency expects a decline of 2.5 million barrels a day.  Crude oil has increased 15% in … Continue reading

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Rig Zone –

The RigZone provides important insight and data on the oil and gas industry.  It has news, events, and even a job board. To check out the site, please click here: www.RigZone.com James Sutliff

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Financial Times –

The Financial Times is a great source of information for economic news.  The world news coverage is outstanding and currency related matters are addressed.  There are only a few newspapers with a strong circulation that incorporate geopolitical effects in their … Continue reading

Posted in Alternative Energy, Banking, Bonds, Currency, Economic News, Education, Gasoline, Hedge Funds, Investments, Natural Gas, Oil, Options & Futures, Political News, Private Equity, Real Estate, Regulatory, Venture Capital | Leave a comment

Valero Cuts Refining –

Valero has cut refinery activity due to fog slowing their shipments of crude.  The plant processes 325,000 barrels a day and may have to halt production for a longer time period if shipment delays continue.  Crude oil has fallen to … Continue reading

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Lower Cost Fuels –

In recent surveys, analysts have predicted that oil and natural gas will no longer be the lowest cost fuels.  The prediction asserts that renewable energy is on the horizon. To view a related article, please click here: http://news.yahoo.com/s/ap/20081210/ap_on_bi_ge/finding_oil_costs Jim Sutliff

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Oil Stays Above $40 –

Oil remained above $40 a barrel today but that might not last long.  Some analysts have predicted a decline for oil down to $25 a barrel.  Metals have also been propped up but some analysts think that is due to intervention by … Continue reading

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Crude Oil Up 10% –

Crude oil shot up almost 10% today as the central bank cut rates.  This is expected to have the effect of increasing demand for oil.  Opec is also expected to cut production at the next meeting. To view a related article, … Continue reading

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Natural Gas: Ready For A Run –

Natural Gas prices declined slightly because investors have moved towards crude oil.  Opec has grabbed the attention of traders by indicating that a cut in production is likely at the next meeting.  Natural Gas should still show gains with winter … Continue reading

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Crude Bounces –

Crude oil prices have been in free fall mode since the economic crisis has taken center stage.  This may end as OPEC is poised to cut production next week in an attempt to prop up prices. To view a related … Continue reading

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Natural Gas Declines –

Natural Gas declined after reports indicated that supplies were increasing and that demand would continue to decline.  At the same time crude oil had a slight increase due to OPEC members asking for a cut in production.  The likely result … Continue reading

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Dollar May Get Crushed –

The $700 billion dollar bailout may end up crushing the dollar.  The dollar has already taken a pounding over the last year and can expect more decreases in the near future.  The bailout will have the effect of weakening the … Continue reading

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Commodity Investors Pull Funds –

Commodity investors pulled more than $39 million dollars out of the market since July.  This has helped to send oil into a free fall to almost $100 dollars a barrel.  Oil prices have caused investigators to watch the market more closely … Continue reading

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Hurricane Ike: Category 4 –

Hurricane Ike has been listed as a category 4.  It has been less than 24 hours since Ike was a tropical storm.  Crude oil prices are already starting to rebound. To view a related article, please click here: http://news.yahoo.com/s/ap/20080904/ap_on_re_us/tropical_weather James Sutliff

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