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The Oil Price Roller Coaster Is Not Over Yet

The Oil Price Roller Coaster Is Not Over Yet

Crude oil prices on Friday…

Oil Has Room To Fall As Speculators Bail On Bullish Bets

Oil Has Room To Fall As Speculators Bail On Bullish Bets

As oil investors liquidate their…

Energy / Oil Prices

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The Price of Oil is Going Up

Aug 05, 2010 at 09:47 | Mad Hedge Fund Trader

I received another scratchy, crackling cell phone call from my drilling buddy in the Texas natural gas fields today. You could almost choke from the dust on the line. He…

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Cloudy Economic Outlook Keeps Crude Oil Trading in Narrow Range for Week

Jul 30, 2010 at 18:04 | Darrell Delamaide

Oil Market Summary for 07/26/2010 to 07/30/2010. Crude oil futures continued to trade in a very narrow range, unable to cross the $79 a barrel threshold even though they ended…

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Oil Prices Show Little Momentum for Breaking Through $80 Barrier

Jul 24, 2010 at 04:02 | Darrell Delamaide

Oil Market Summary for 07/19/2010 to 07/23/2010. Prices of crude oil futures slumped below $79 a barrel on Friday despite a stock market rally and the rise of Tropical Storm…

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Stock Prices, Economic Data Buffet Crude Oil Futures in Lackluster Trading

Jul 18, 2010 at 14:18 | Darrell Delamaide

Oil Market Summary for 07/12/2010 to 07/16/2010 An unexpectedly sharp drop in a key consumer confidence index sent stocks plummeting on Friday and drove down prices for crude oil futures…

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Crude Oil Tracks Stocks Upwards to Close Week Above $76 a Barrel

Jul 10, 2010 at 04:46 | Darrell Delamaide

Oil Market Summary for 07/05/2010 to 07/09/2010. Crude oil futures finished the week on a positive note, tracking stocks upward after hitting the low for a month earlier in the…

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Tropical Storm Threat Propels Oil Prices to Gain for the Week

Jun 27, 2010 at 21:23 | Darrell Delamaide

Oil Market Summary for 06/21/2010 to 06/25/2010 Crude oil prices surged ahead more than 3% on Friday as the first Atlantic tropical storm of the season began brewing in the…

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Crude Oil Holds on to Week’s Gains After High Inventories Threaten Rally

Jun 18, 2010 at 17:31 | Darrell Delamaide

Oil Market Summary for 06/14/2010 to 06/18/2010. Crude oil futures held on to strong gains for the week in lackluster Friday trading, after higher-than-expected inventories earlier in the week threatened…

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Will Iranian Sanctions Hit Oil Prices?

Jun 15, 2010 at 12:07 | Geoffrey Styles

Wednesday's UN Security Council vote on a further round of sanctions on Iran merits attention. While the U.S. and its key allies were able to get a somewhat diluted slate…

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Oil Price Rally Stumbles Friday on Negative Economic News

Jun 11, 2010 at 16:40 | Darrell Delamaide

Oil Market Summary for 06/07/2010 to 06/11/2010. After clawing its way back above $75 a barrel on Thursday for the first time in four weeks, the benchmark oil futures contract…

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China’s Excess Refining Capacity Affecting Domestic Oil Prices

Jun 06, 2010 at 11:41 | Michael Economides

China, which has struggled in recent years to keep up with booming domestic demand for oil products, may soon have a major excess in refining capacity. In 2009, the country…

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