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Bank Of America: Expect $30 Oil

Bank Of America: Expect $30 Oil

On Tuesday, oil prices hit…

Energy / Oil Prices

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Thinly Traded Crude Oil Futures Trim Gains

Jul 04, 2011 at 10:50 | Forex Pros

Crude oil futures trimmed gains in holiday-thinned trade on Monday, easing off a two-day high after the U.S. dollar erased losses against the euro following a warning by ratings agency…

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The Oil Price Closely Observed

Jul 01, 2011 at 07:29 | Ferdinand E. Banks

When recently asked why the (West Texas Intermediate) oil price at the end of June (2011) had declined from 112 dollars per barrel (=$112/b) to almost 90$/b in a fairly…

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Positive Jobless Data Helps Push Crude Oil Futures Higher

Jun 30, 2011 at 13:34 | Forex Pros

Crude oil futures trimmed losses on Thursday, briefly rising above USD95 a barrel after official data showed that the number of people who filed for unemployment assistance in the U.S.…

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Prepare Yourselves for The Next Oil Price Shock

Jun 28, 2011 at 07:48 | Dave Cohen

Looking at the oil supply & demand fundamentals, next year looks like an accident waiting to happen. If economic growth in emerging economies remains on track, and that is a…

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Crude Oil Futures Fall over Economic Concerns

Jun 23, 2011 at 15:26 | Forex Pros

Crude oil futures were down on Thursday, as a broadly stronger U.S. dollar and concerns over the U.S. economic outlook dragged prices lower.  On the New York Mercantile Exchange, light,…

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Crude Oil Futures Drop to Four Month Low

Jun 20, 2011 at 12:40 | Forex Pros

Crude oil prices extended sharp losses from the previous session on Monday, dropping to a four-month low as the U.S. dollar gained amid uncertainty over a second Greek bailout package,…

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Crude Oil Futures Slide Over Economic Recovery Fears

Jun 09, 2011 at 13:36 | Forex Pros

Crude oil futures erased gains on Thursday, as prices were pressured by a broadly higher U.S. dollar and after disappointing U.S. employment data added to concerns over the economic recovery…

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How Much of the Price of Oil is Due to Dollar Weakness?

Jun 03, 2011 at 07:30 | Allen Gilmer

Our markets seem very sensitive to the price of oil... to the extent that I read articles about how high oil prices are keeping the economy down. That begs the…

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Why Recession always Follows Oil Price Increases

Jun 02, 2011 at 08:06 | The Oil Drum

Over the past 50 years, when oil prices moved up sharply, causing inflation, or remained high with annual average price around $100, recession has followed in many OECD countries (see…

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Crude Oil Futures Hit Three Week High

May 31, 2011 at 09:41 | Forex Pros

Crude oil futures extended gains on Tuesday, rallying to a fresh three-week high as a combination of a broadly weaker U.S. dollar, renewed worries over unrest in the Middle East…

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