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Standard Chartered: Oil Prices Likely To Head Higher

Standard Chartered: Oil Prices Likely To Head Higher

Commodity experts at Standard Chartered…

Energy / Oil Prices

Why I Would Approve the Keystone XL Pipeline Despite Environmental Concerns

Nov 22, 2011 at 17:41 | Robert Rapier

The following is a lengthy essay explaining why I would approve the Keystone pipeline despite finding myself on the side of those concerned over the negative environmental impact of tar…

Implications of the Recent Rise in Oil Prices

Nov 22, 2011 at 08:47 | James Hamilton

The price of West Texas Intermediate has risen almost $10 a barrel since the start of September, and briefly bumped back above $100 a barrel this week. Here's why I…

Crude Oil Analysis for the Week of November 21, 2011

Nov 20, 2011 at 09:42 | FX Empire

January Crude Oil futures succumbed to selling pressure last week, reaching a high at $103.37 and forming a closing price reversal top. Once confirmed, this pattern often leads to a…

Crude Oil Analysis for the Week of November 14, 2011

Nov 14, 2011 at 07:55 | FX Empire

January Crude Oil finished sharply higher for the week, settling well above a key 50% support at $95.29, but below 61.8% resistance at $99.99. Additional Gann angle support is at…

Economic Growth Being Choked by High Oil Prices and Falling Supply

Nov 09, 2011 at 07:51 | Gail Tverberg

I gave a talk on expected financial implications of the oil limits that we are now reaching at a recent meeting of the Association for the Study of Peak Oil-USA.…

Crude Oil Analysis for the Week of November 7, 2011

Nov 06, 2011 at 09:36 | FX Empire

Crude oil reached a three-month high on Friday after the U.S. Labor Department reported that the unemployment rate declined to 9 percent in October, less than the 9.1 percent median…

Oil Prices and IMF Growth Forecasts

Nov 01, 2011 at 08:40 | Sohbet Karbuz

The International Monetary Fund released its most recent World Economic Outlook in September 2011. The economic growth forecasts in this outlook, like any other of its past outlooks, are…

Crude Oil Analysis for the Week of October 31, 2011

Oct 30, 2011 at 12:18 | FX Empire

December Crude Oil futures posted a huge gain last week. The rare combination of technical factors and strong fundamentals helped to drive the market higher. Based on the strong close,…

Crude Oil Analysis for the Week of October 24, 2011

Oct 23, 2011 at 09:13 | FX Empire

December Crude Oil futures closed higher for the third consecutive week. This statement is a little deceiving since this market was down three out five days. Thursday’s close put the…

This is no Normal Recession: Are we Prepared for $100 Oil

Oct 18, 2011 at 07:40 | The Oil Drum

David Cameron describes the economic downturn as "no normal recession" UK Prime Minister David Cameron to party conference, 5th October 2011. This is the fourth post in the series following…

Crude Oil Analysis for the Week of October 17, 2011

Oct 16, 2011 at 10:42 | FX Empire

Last week December Crude Oil surged to the upside after confirming the previous week’s closing price reversal bottom at $75.15. Although the move was impressive, the main trend remains down…

Crude Oil Analysis for the Week of October 10, 2011

Oct 09, 2011 at 11:57 | FX Empire

December Crude Oil closed higher for the week after reversing earlier weakness. The market stopped breaking at 75.15, slightly above the May 2010 bottom at 75.01. Although the price was…

Crude Oil Analysis for the Week of October 3, 2011

Oct 02, 2011 at 08:58 | FX Empire

November crude oil futures finished the week slightly lower on fears that slowing global economic growth will curtail demand. Not only was the week lower, but the quarterly loss was…

Crude Oil Analysis for the Week of September 26, 2011

Sep 25, 2011 at 14:08 | FX Empire

November Crude Oil finished sharply lower this week in a move driven by the U.S. Federal Reserve’s assessment of the economy. On Wednesday, September 21, the Fed stated in its…

Changing Behavior of Crude Oil Futures Prices

Sep 22, 2011 at 13:58 | James Hamilton

I've just finished a new research paper with my former student (and now University of Chicago Professor) Cynthia Wu. In our new paper, we study how increased purchases of…

Crude Oil Prices Drop Ahead of federal Reserve Meeting

Sep 21, 2011 at 08:27 | Forex Pros

Crude oil futures edged lower on Wednesday, as traders positioned themselves ahead of the outcome of the Federal Reserve’s monetary policy meeting later in the day and a government report…

Crude Oil Analysis for the Week of September 19, 2011

Sep 18, 2011 at 11:12 | FX Empire

What promised to look like a bullish week on Tuesday, failed as the rally in November Crude Oil fizzled with a series of narrow trading days. The trading action became…

Crude Oil Analysis for the Week of September 12, 2011

Sep 11, 2011 at 09:34 | FX Empire

November Crude Oil finished the week slightly better after ping-ponging between a pair of Gann angles at $87.39 and $86.61. Volatility was also high, helping to form an outside move…

Brent Versus WTI - Why so Wide

Sep 07, 2011 at 23:06 | Bruce Krasting

We set another record yesterday. This one has me scratching my head. The Brent WTI spread widened to $27.22. That’s never been seen before. There are some partial explanations for…

An Update on My Oil Short

Sep 06, 2011 at 07:57 | Mad Hedge Fund Trader

Will everyone please take a look at the chart below for the United States Oil Fund ETF (USO) and tell me if you don’t see a downtrend? Because if it…

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