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Why Oil Won’t Rally Above $60 In The Near Term

Why Oil Won’t Rally Above $60 In The Near Term

OPEC’s deal might have put…

Expert Commentary: Flood Of Imported Crude Caps Oil Prices

Expert Commentary: Flood Of Imported Crude Caps Oil Prices

Already tightening oil markets continue…

Energy / Oil Prices

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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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More About Oil (Part 1): A Preview of The New Decade

Feb 15, 2010 at 13:22 | Ferdinand E. Banks

In 20 years I predict energy wars over oil and  gas resources. By the time it becomes politically profitable to react to problems  in the transport energy sector, it will…

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China's Monetary Moves Undercut Crude Oil Rally

Feb 12, 2010 at 21:24 | Darrell Delamaide

Oil Market Summary for 02/08/2010 – 02/12/2010. Crude oil prices took a dive on Friday after a week of gains from U.S. blizzards were undercut by another move in China…

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Endless Oil: Prices NOT Peaks are the Issue

Feb 08, 2010 at 15:13 | Ferdinand E. Banks

”Endless Oil” is the title of a piece in Business Week (Jan, 18, 2010). Its author is Stanley Reed, and it was interesting for me because I remember when Business…

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Are Official Estimates of Oil Reserves Correct? What Does this Mean for Oil Prices

Jan 28, 2010 at 21:51 | Editorial Dept

Over the next year or two, you will likely find yourself paying a LOT more at the gas pump. Big changes are taking place in the oil industry . With…

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A Look at the Exploration Business and Mining Economics

Jan 18, 2010 at 17:12 | Dave Forest

We spend a lot of money looking for mines. Drilling, trenching, sampling, assaying, metallurgical testing, running geophysical surveys, taking soil geochemistry samples. All of these things are necessary to locate…

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Oil Prices Fall as Winter Premium Melts Away

Jan 16, 2010 at 15:28 | Darrell Delamaide

Oil Market roundup: 11/01/2010 to 15/01/2010. Crude oil futures fell for five straight sessions as warmer weather in the U.S. dispelled forecasts of unusually low temperatures and allowed concerns about…

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