Category: Crude Oil
The analysis published under this category are as follows.
Thursday, March 29, 2012
The Truth About $6 Gas, $200 Crude Oil, the Quest for Energy Independence / Commodities / Crude Oil
By: Money_Morning
Jason Simpkins writes:
No one needs to tell the average American about the impact of oil and gas prices. If they don't feel it in their wallets every day, they hear about it on the news every night.
But surprisingly, amid all the rhetoric, there have been no real answers to some of the key questions driving the energy debate... until now.
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Thursday, March 29, 2012
Crude Oil Prices: Now for Something Really Scary / Commodities / Crude Oil
By: Andrew_Butter
If oil prices don’t crash down to $67 within the next two months, that means for sure the evil one-eyed-drooling-spirit of Peak Oil, which everyone has been studiously trying to ignore for so long, has finally arrived.
Thursday, March 29, 2012
Eye on Crude Oil and Natural Gas / Commodities / Crude Oil
By: Mike_Paulenoff
Downward momentum may be becoming exhausted in natural gas and its related ETFS -- US Natural Gas Fund (UNG) and ProShares Ultra DJ UBS Natural Gas ETF (BOIL).
Meanwhile, oil prices and the US Oil Fund ETF (USO) have sold off hard but not enough to damage the overall bullish chart pattern.
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Wednesday, March 28, 2012
Solving The Global Energy Equation: Demand-Supply-Infrastructure / Commodities / Crude Oil
By: Andrew_McKillop
Little remarked by most analysts of the OECD-wide financial and debt rout in 2008-2011, world energy demand rebounded fast from its sharp plunge in 2008-2009. For the year 2010 the BP Statistical Review of 2011 painted a dramatic rebound story. World energy demand jumped by 5.6% led by coal demand growing over 7%, gas demand growing almost as much, and oil consumption by 3.1% as China moved to become the world's biggest single energy using nation. With no surprise, oil prices rose by 29% on average in 2010 from the year previous.
Wednesday, March 28, 2012
Not Even Saudi Arabia Can Save Us From High Crude Oil Prices / Commodities / Crude Oil
By: Money_Morning
Jason Simpkins writes:
With oil prices soaring ever higher, Saudi Arabia stepped in last week and vowed to increase its production by 25% if necessary.
But while that assurance managed to siphon a few dollars off of oil futures, the reality is there's nothing Saudi Arabia - or anyone else, for that matter - can do about rising oil prices.
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Thursday, March 22, 2012
Crude Oil Prices And The 'Peak Oil' Environment / Commodities / Crude Oil
By: Andrew_McKillop
Peak Oil can be defined at least 4 ways but one way is simple: Peak Oil is when supplies and stocks are tight enough, relative to demand, to make price slides short and price hikes long, until and unless the economy tilts into recession or by policy decision in response to a dysfunctional and parasitic bank, finance and insurance sector is either pushed or allowed to fall into recession.
Wednesday, March 21, 2012
Saudi Arabia Hires Super Tankers to Flood U.S. With Oil for Election Year / Politics / Crude Oil
By: Mike_Shedlock
... Oil Minister Says "High Oil Prices Unjustified"; Highest March Price in History; Republicans Say Obama Not Doing Enough
Wall of Supertankers Heads For US
Brent crude at $125, US Crude at $110, and soaring gasoline prices everywhere have caused quite a stir. See Highest Price Ever of Gasoline in March; State-by-State Gas Price and Gas Tax Comparison for a discussion.
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Wednesday, March 21, 2012
The Bullish Case for Large-Cap Oil Stocks / Commodities / Crude Oil
By: The_Energy_Report
With oil prices near record highs, who are the big winners in this energy bull market? Fadel Gheit, managing director and senior analyst of Oppenheimer & Co. has large-cap explorers and producers on his radar. In this exclusive interview with The Energy Report, Wall Street veteran Gheit shares his top picks for diversification, income and even growth.
The Energy Report: What is your current investment theme?
Wednesday, March 21, 2012
Global Oil Market Needs Canada's Crude / Commodities / Crude Oil
By: OilPrice_Com
Canada's natural resources minister told delegates at the International Energy Forum in Kuwait that his country was on the cusp of becoming an "energy superpower." Canada ranks No. 6 in terms of global oil production, but much of its crude exists in the form of oil sands. European leaders are considering a measure that would classify oil sands as an environmental issue, prompting Canada to threaten to take the issue to the World Trade Organization. With the U.S. political system in a deadlock over Canadian crude, the Ottawa government is now working to convince the international community that the global market is in jeopardy if polices "discriminate against oil sands."
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Tuesday, March 20, 2012
IEA Report Shows We Are Already In A 'Peak Oil' Context / Commodities / Crude Oil
By: Andrew_McKillop
The most recent IEA Oil Market Report, for February, could be interpreted as bringing some good news to oil importer countries of the OECD group, for which the IEA is the "energy watchdog agency". Its report said that oil demand in the OECD group, at about 46.25 million barrels per day (Mbd) was still 1.25 Mbd below the 5-year average for oil consumption by the 30-nation developed economy group.
Friday, March 16, 2012
Crude Oil and Natural Gas Bottoming? / Commodities / Crude Oil
By: Mike_Paulenoff
If I totally was isolated from any news today, and all I had at my disposal was the enclosed 4-hr chart of nearby NYMEX Oil, the analysis argues that a correction from the March 1 high at 110.55 is at or nearly completed into this morning's low at 103.78.
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Tuesday, March 06, 2012
Will Crude Oil Price Continue Heading Higher? / Commodities / Crude Oil
By: Frank_Holmes
Does it feel like it costs an arm and a leg to fill your car these days? While consumers may continue to feel the bite from higher gasoline prices, investors can use these rising prices to their advantage.Read full article... Read full article...
Monday, March 05, 2012
Short Term Pullback in Brent Crude Oil Price Starts / Commodities / Crude Oil
By: Donald_W_Dony
Brent prices have reached, for the short term, a peak. The Atlantic basin commodity has topped out at $128.40 and is now pulling back to the first support level of $120. The trigger for the expected retracement appears to be the US dollar.
Brent prices tend to trade in the opposite direction to the US$. And the Big dollar is beginning to rise again (Chart 1). The currency bounced off of the $0.782 support line in February and is now advancing to a target of $0.805.
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Friday, March 02, 2012
Iran Oil Trumps Iran Nuclear / Politics / Crude Oil
By: Andrew_McKillop
The US Energy Dept's 29 February report on world oil market trends carried baleful news for the gung-ho fraternity who want to turn Iran's nuclear installations into Dirty Bombs before Iran produces the Clean Bombs that other owner countries, like the US, Pakistan, France and Israel proudly possess.
Friday, March 02, 2012
Nymex Crude Oil Looking Higher / Commodities / Crude Oil
By: Mike_Paulenoff
The decline in nearby NYMEX Crude Oil prices from last Friday's high at 109.95 to yesterday's low at 104.84 returned the price structure to its prior multi-month upside breakout plateau at 104.50 (from Feb 19). This contained the selling pressure and attracted buying interest that then propelled oil above 107.00, in what looks like the completion of a near-term correction within the larger bull move off of last October's low at 74.95.
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Thursday, March 01, 2012
The Mystery Behind Rising Crude Oil Prices Solved / Commodities / Crude Oil
By: Michael_Pento
Everything I’ve been warning about regarding the fallout from global central bankers’ love affair with inflation is coming to fruition. Consumers are once again dealing with the fact that the cost of filling up their gas tank is eating a significant portion of their disposable income. The price of a barrel of oil is now soaring above $100 a barrel; just as it always has done when the Fed has gone on one of their counterfeiting sprees. And it’s not just dollars that have been eroding in value because the price of oil in Euros is now at a record high. The sad truth is that with each iteration of QE, either in the U.S. or around the globe, it has sent oil prices skyrocketing, inflation rising and the economy into the tank.Read full article... Read full article...
Wednesday, February 29, 2012
Crude Oil And Inflation Economic Crisis / Commodities / Crude Oil
By: Andrew_McKillop
Conventional wisdom says high oil prices raise inflation and slow down economic growth. Recessions are therefore caused anytime oil prices spike, we are invited to believe. In the real world, European Central Bank president Mario Draghi has lowered interest rates twice since he took over as head of the ECB in November, as oil prices went on rising, but economic and finance observers claim that keeping borrowing costs down will get harder as oil prices cruise to record levels in euro terms.
Tuesday, February 28, 2012
Global 'Oil Shock' Could Sink Obama's Re-Election Bid / Politics / Crude Oil
By: Gary_Dorsch
As the price of North Sea Brent crude oil touched $125 /barrel last week, the topic of sharply higher gasoline prices suddenly caught the attention of the Main Stream Media (MSM). Spin artists for the re-election campaign of President Barack Obama were quick to deny any responsibility for soaring oil prices, and instead blamed the upward spiral on geo-political tension with Iran. However, since the days of the Yom Kippur War in October 1973, - when the OPEC cartel placed an embargo on crude oil sales and hiked oil prices by 70%, the price of gasoline has been a key variable effecting the outcome of US-presidential elections.
Tuesday, February 28, 2012
When Oil Rides High The Snakeoil Flows / Politics / Crude Oil
By: Andrew_McKillop
The US energy department’s Advanced Research Projects Agency (ARPA) launched its annual Energy
Innovation Summit, 27 February, to a backdrop of oil price fear and a ritual bout of warnings on the
economic dangers of spiralling oil prices, from media friendly economic gurus usually peddling the
debt-deficit-and-doom storyline.
Sunday, February 26, 2012
Is Crude Oil About to Crash the Markets? / Commodities / Crude Oil
By: WavePatternTraders
Do I or Don't I?
I decided not to bother, what you ask? writing more of the same about the US stock markets, It don't need a genius to write that the US stock markets are in a coma and stuck in the ICU room waiting to come back into the real world. Although nothing has really changed from the current ideas I am reluctant to post more of the same stuff when nothing really has happened.
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