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Falling OPEC Exports Create Upside For Oil Prices

Falling OPEC Exports Create Upside For Oil Prices

OPEC’s output deal extension was…

Energy / Oil Prices

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Oxford Study Sparks New Round of "Peak Oil" Debate

Mar 24, 2010 at 16:38 | Darrell Delamaide

The debate about “peak oil” flared up again following a new report from Oxford University claiming that conventional oil reserves are inflated by a third and that added reserves from…

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Politics and Peak Energy - Have we Reached the Tipping Point?

Mar 22, 2010 at 23:36 | John Howe

Economic success, growth, and an affluent (happy) consumer lifestyle directly depend on an abundance of inexpensive energy. Conversely, the quantity and type of energy consumed can have a very adverse…

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The U.S. No Longer Controls the Price of Oil in a Peak Oil World

Mar 20, 2010 at 16:01 | Business Insider

Back in the days when US oil demand controlled the price of oil, a massive recession in the United States would have sent oil to 12.00 dollars a barrel. That…

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Happy 50th Anniversary Year OPEC

Mar 18, 2010 at 16:04 | Ferdinand E. Banks

On September 14, 1960 OPEC began operations as an ad-hoc talk-shop of sorts, and five years later became a permanent part of Vienna’s international bureaucracy.  I have decided to send…

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Crude Prices Stagnate Amid Doubts About Global Demand

Mar 12, 2010 at 23:40 | Darrell Delamaide

Oil Market Summary 03/08/2010 to 03/12/2010. Crude oil prices tread water for the week as uncertainty about demand continued to weigh on the market. Prices were down slightly on the…

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There Will be No Economic Recovery as the Era of Cheap Oil Comes to an End

Mar 09, 2010 at 02:09 | Business Insider

a href="http://www.businessinsider.com"> When oil crossed $120 a barrel for the first time in May 2008, oil cornucopians knew they were in trouble. Prices had quadrupled in just five years, yet…

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Iraq Awards Drilling Contract as it Reaches for Ambitious Oil Production Target

Mar 02, 2010 at 13:47 | Darrell Delamaide

Iraq announced a $318 million contract with a unit of Turkish Petroleum to drill 45 wells in the supergiant Rumaila oilfield as the country strives to regain and even surpass…

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One Night Stand Pricing

Feb 25, 2010 at 02:32 | Dave Forest

What's more important: upside or stability? That debate constantly rages amongst commodities producers. Especially when it comes to deciding whether to sell gold, copper or oil at spot versus long-term…

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Oil Prices Rise Amid Mixed Economic Data as Euro Concerns Ebb

Feb 20, 2010 at 16:50 | Darrell Delamaide

Oil Market Summary for 02/16/2010 to 02/20/2010. An easing of the crisis in Europe gave energy markets a firm tone last week that enabled crude oil futures to gain nearly…

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More About Oil (Part 2): OPEC'S STRATEGY

Feb 15, 2010 at 13:25 | Ferdinand E. Banks

The IEA has apparently calculated that OPEC earned 575 billion (U.S.) dollars in oil export revenues in 2009, a relatively depressed year, and might earn more than 700 billion this…

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