Category: Crude Oil
The analysis published under this category are as follows.
Thursday, November 10, 2011
Crude Oil in Initial Correction Phase / Commodities / Crude Oil
By: Mike_Paulenoff
In the aftermath of today's inventory report, nearly NYMEX oil has jumped off its morning low at 95.54 to 96.42 so far, within the larger downmove off of yesterday's high at 97.82.
My near-term work argues that the decline from yesterday's high into this morning's low represents the initial phase of a correction that should press beneath the Oct-Nov up-trendline, now at 94.00, on the way to 90.00-88.00 thereafter.
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Saturday, November 05, 2011
Will the U.S. Become World’s Largest Oil Producer? / Commodities / Crude Oil
By: Keith_Schaefer
The Surprising News about U.S. Oil ProductionDear OGIB Reader,
The U.S. likes to fancy itself a place that does everything a bit bigger and better than the rest of the world.
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Friday, November 04, 2011
Crude Oil Explorers and Producers Hedge for Profit / Commodities / Crude Oil
By: The_Energy_Report
Energy prices could be lower next year, but SunTrust Robinson Humphrey Analyst Neal Dingmann is finding both value and growth in small, hedged explorers and producers and in larger companies with cash on hand. In this exclusive interview with The Energy Report, Dingmann shares his favorite names.
The Energy Report: Why have so many oil exploration and production (E&P) companies failed to lock in prices for next year?
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Thursday, November 03, 2011
Peak Oil Could Limit Economic Growth / Commodities / Crude Oil
By: The_Energy_Report
Exponential debt increases coupled with limited natural resources mean that we are in a predicament. This is the message The Crash Course Author Chris Martenson delivered at the Casey Research/Sprott Inc. summit, "When Money Dies." As an economic researcher, Chris considers the "Three E's" that shape our future: Economy, Energy and the Environment. In the below presentation, "Unfixable," Chris explains to Energy Report readers why these indicators suggest a global economic slowdown. Read on.
Wednesday, November 02, 2011
The Narrowing Spread Means Higher Crude Oil Price / Commodities / Crude Oil
By: Money_Morning
Dr. Kent Moors writes: I just left Baltimore, where I met with the Oil & Energy Investor and Money Morning editorial teams to discuss some interesting new developments.
This was followed rather quickly by a flight to Frankfurt, Germany, for meetings on a potentially major push in the European approach to a rapidly changing energy landscape.
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Sunday, October 30, 2011
Carbon Fear And Loathing In Riyadh / Politics / Crude Oil
By: Andrew_McKillop
A little trip to Riyadh is interesting. There, young western educated planners and cadres are all rigorously indoctrinated, or self-indoctrinated with Postcarbon Sustainability themes and memes. All government agencies are full of them. The holy city of Mecca now boasts an urban rail system able to carry 60 000 passengers per hour, and Saudi railway boomers intend to rival American and Russia railway builders of the 19th century, with 2400 miles of rail track currently under construction. To be sure, the main goal is replacing and substituting oil in the Saudi economy. In their colorful powerpoints, the Postcarbon Prophets of the Kingdom show these rail networks lined by Super Grids fed with clean green energy from huge windfarms and glistening solar power plants, miraculously protected from airborne sandstorm grit and stones. Whatever it is, Future Energy is not oil.
Friday, October 28, 2011
Will Offshore Crude Oil Lubricate US–Cuba Relations? / Politics / Crude Oil
By: Marin_Katusa
Marin Katusa, Casey Energy Opportunities writes: One of Spain's largest oil companies, Repsol, is gearing up to spud a deep, offshore well in Cuban waters, just 60 miles from the Florida Keys. A huge rig is still en route to the site from Singapore, and as it draws closer to its destination the zealous opposition from Floridian politicians who rely on the Cuban expatriate vote gets louder.
Friday, October 28, 2011
Unconventional Oil Supply / Commodities / Crude Oil
By: Zeal_LLC
Each year a small portion of the world’s finite oil supply is drained. And over time this annual draw has grown larger in a world that seems to be getting smaller. As global commerce gains fluidity, the demand for this hydrocarbon appears to be insatiable.
Transportation is of course by far the largest consumer of oil, responsible for about 60% of global demand. Everything we own and everything available to us to buy had to get from where it was made to the point of sale. And it is oil that fuels this transportation.
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Thursday, October 27, 2011
Weakness in Crude Oil / Commodities / Crude Oil
By: Mike_Paulenoff
Based on my intraday pattern work, nearby NYMEX Crude Oil should roll over again and press towards 90.10-89.80 next. Should such a scenario unfold, then I will be interested to see if oil closes beneath 90.55, which its 200-day EMA. That level was hurdled on Monday, but violated again on the downside today (perhaps).
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Thursday, October 20, 2011
Crude Oil Analysis and How To Trade Oil Report / Commodities / Crude Oil
By: Chris_Vermeulen
How to trade oil is not an easy thing to do in today’s headline driven market. Even the best oil analysis which may have been correct will still be wrong at times. This is due to the fact that oil has many factors which play into its price. Things likes like extreme weather conditions, geopolitical events, currency fluctuations, economic conditions and supply and demand.
Tuesday, October 18, 2011
Oil: The New Financial Product / Commodities / Crude Oil
By: Keith_Schaefer
Retail consumers of oil – and retail investors of oil – are the big losers now that oil has become a financial product, says Dan Dicker, author of Oil’s Endless Bid.But the irony is they’re doing it to themselves—by buying oil ETFs (Exchange Traded Funds) and ETNs (Exchange Traded Notes) and other financial derivative products based on oil.
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Sunday, October 16, 2011
Arab Spring: Counting Costs and Oil Profits In MENA / Politics / Crude Oil
By: EconMatters
To follow up on our last article about the Arab Spring shockwaves, we thought it'd be of interest to see what the cost impact is for countries affected by the uprising. A timely new study by the risk advisory firm Geopolicity provides some insight into that subject.
Wednesday, October 12, 2011
Energy Investors Pocket Profit on Oil Price Rally – And It’s Just the Beginning / Commodities / Crude Oil
By: Money_Morning
Kerri Shannon writes: Investors in energy stocks are enjoying an oil price rally that continued for a fifth trading session yesterday (Tuesday), pulling many oil-related investments up with it.
U.S. oil futures rose 40 cents to $85.81 a barrel on the New York Mercantile Exchange (NYMEX). Black gold has climbed 12% since hitting a 52-week low of $76 a barrel last week - a 37% fall from its April high near $120 a barrel.
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Wednesday, October 12, 2011
Canadian Oil Sands - A Good Investment? Not in Europe, Apparently / Commodities / Crude Oil
By: OilPrice_Com
Any American watching cable TV over the past few months can hardly fail to have noticed the seemingly ubiquitous advertisements extolling the virtues of extracting oil from Canadian oil sands, which the commentators assure their audience has a carbon footprint largely comparable with traditional fossil fuels, and which, if developed will provide not only millions of new jobs but billions of dollars for governments as well as energy security by weaning the Western Hemisphere off its addiction to terrorism-tainted Middle East oil.
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Friday, October 07, 2011
Offshore Oil Key to Future Crude Oil Supplies / Commodities / Crude Oil
By: The_Energy_Report
Despite the risks and unfavorable public opinion associated with offshore drilling, the truth remains that the keys to unlock the planet's vast remaining oil resources lie beneath ocean floors, in places like the Gulf of Mexico, Brazil and even the Arctic. In this exclusive interview with The Energy Report, noted commodities expert Amine Bouchentouf tells us why he likes the prospects for oil explorers and producers and how the potash business is fueling food production for a growing world.
Monday, October 03, 2011
Russia Effectively Doubles Nations Oil Reserves / Commodities / Crude Oil
By: OilPrice_Com
Russia, currently vying for the title of world's top oil producer with Saudi Arabia, claimed that new findings in its offshore Arctic territories have effectively doubled the nation's energy reserves.
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Tuesday, September 27, 2011
Crude Oil Readying for More Downside? / Commodities / Crude Oil
By: Mike_Paulenoff
As of this moment, my optimal scenario for the nearby NYMEX oil price calls for a period of stability and/or a recovery rally that grinds into the 80.50-82.00 resistance area prior to another downside pivot that presses the price structure to new lows beneath 75.71 on the way to 70.00-65.00 thereafter.
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Wednesday, September 21, 2011
Why Oil Prices Not Debt Will Be Europe's Next Big Worry / Commodities / Crude Oil
By: Money_Morning
Dr. Kent Moors writes:
As I met with the Polish officials last Friday in Krakow to begin government sessions on shale gas policy, and European Union (EU) ministers met in the southwestern city of Wrocław, Poland, thoughts turned once again to oil pricing.
Tuesday, September 20, 2011
Downleg in Crude Oil / Commodities / Crude Oil
By: Mike_Paulenoff
Nearby NYMEX crude oil finally proved the chart work correct as it plunged from the upper portion of its September congestion pattern (89.00-90.00) to the lower portion (86.00-84.00). The decline from last Thursday's lower recovery high at 90.15 into this morning's low at 84.93 has the look and structure of a completed downleg.
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Friday, September 16, 2011
The Last Oil Wars / Politics / Crude Oil
By: Andrew_McKillop
In almost undisguised fashion, French and British media, with a weaker version in US mainstream media is talking up the Libyan war as an outright cheap oil victory - after all Libya has about 40 billion barrels of proven reserve, the oil is cheap to produce, and high quality. What matters now is who gets what, and the suppliers of airpower and munitions will be high up the list of winners.