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$4 Gasoline Could Cripple The U.S. Economy

$4 Gasoline Could Cripple The U.S. Economy

As oil prices reach multi-year…

Oil Markets Tremble On Iran, Israel Flare-Up

Oil Markets Tremble On Iran, Israel Flare-Up

Brent crude briefly jumped above…

Energy / Oil Prices

Weaker Dollar Propels Oil Higher Amid Mixed Economic News

Weaker Dollar Propels Oil Higher Amid Mixed Economic News

Sep 24, 2010 at 17:21 | Darrell Delamaide

Oil Market Summary for 09/20/2010 to 09/24/2010. Crude oil prices battled their way to a gain for the week as worries about the economy warred with the upward pressure from…

Worries About Consumer Demand, Deflation Drive Down Oil Prices

Worries About Consumer Demand, Deflation Drive Down Oil Prices

Sep 18, 2010 at 12:29 | Darrell Delamaide

Oil Market Summary for 09/13/2010 to 09/17/2010. Flagging consumer sentiment and renewed concern about deflation sent oil prices into the doldrums this week, as prices dropped 1.2% on Friday to…

Could Oil Prices Sink to $20 a Barrel

Could Oil Prices Sink to $20 a Barrel

Sep 17, 2010 at 09:25 | Al Fin

A barrel of oil has about six times the energy content of a thousand cubic feet of natural gas. The graph below compares the dollar price of a barrel of…

Why Oil Prices Aren’t Dropping

Why Oil Prices Aren’t Dropping

Sep 13, 2010 at 10:58 | Robert Rapier

I saw a humorous story a few days ago: Oil Should Be Around $10 a Barrel The price of a barrel of oil would be closer to $10 if…

Market Seizes on Bullish News to Push Oil Prices to Gain For Week

Market Seizes on Bullish News to Push Oil Prices to Gain For Week

Sep 11, 2010 at 10:21 | Darrell Delamaide

Oil Market Summary for 09/06/2010 to 09/10/2010. An uneasy market seized on an upward revision in crude oil demand this year and other bullish news to push oil prices up…

Oil Prices Buffeted in Narrow Range But End Week Little Changed

Oil Prices Buffeted in Narrow Range But End Week Little Changed

Sep 04, 2010 at 10:42 | Darrell Delamaide

Oil Market Summary for: 08/30/2010 to 09/03/2010. Oil prices continued to move basically sideways as bullish and bearish news buffeted prices up and down in a narrow range. The benchmark…

Bernanke Pledge on Economy Gives Some Relief to Oil Prices

Bernanke Pledge on Economy Gives Some Relief to Oil Prices

Aug 28, 2010 at 10:11 | Darrell Delamaide

Oil Market Summary for 08/23/2010 to 08/27/2010. Oil prices recovered some lost ground Friday after Federal Reserve chairman Ben Bernanke said the Fed stands ready to do whatever it takes…

Oil Prices Spiral Downwards as Economic Gloom Intensifies

Oil Prices Spiral Downwards as Economic Gloom Intensifies

Aug 22, 2010 at 11:32 | Darrell Delamaide

Oil Market Summary for 08/16/2010 to 08/20/2010 Crude oil prices continued their downward spiral during the week as new data confirmed that  U.S. economic growth is slowing. The benchmark West…

Oil Fundamentals and The Oil Future

Oil Fundamentals and The Oil Future

Aug 16, 2010 at 11:55 | Ferdinand E. Banks

In the next edition of my energy economics textbook, I rehash and augment my interpretation of various controversies having to do with fundamentals’ versus speculation (i.e. gambling) when considering the…

Crude Oil Prices Fall Below $80 Again as Officials Anticipate Slower Growth

Crude Oil Prices Fall Below $80 Again as Officials Anticipate Slower Growth

Aug 13, 2010 at 17:02 | Darrell Delamaide

Oil Market Summary for 08/09/2010 to 08/13/2010 Crude oil prices slumped below $80 a barrel again this week as the Federal Reserve and other official forecasters took a dimmer view…

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