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Energy / Oil Prices

Will Iranian Sanctions Hit Oil Prices?

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…

Oil Price Rally Stumbles Friday on Negative Economic News

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…

China’s Excess Refining Capacity Affecting Domestic Oil Prices

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…

Crude Oil Prices Remain Under Pressure After Dipping Below $70 a Barrel in Week

Crude Oil Prices Remain Under Pressure After Dipping Below $70 a Barrel in Week

May 21, 2010 at 17:35 | Darrell Delamaide

Oil Market Summary for 05/17/2010 to 05/21/2010 Crude oil prices ended just above $70 a barrel on Friday after dipping below that threshold earlier in the week. The benchmark June…

Psychological Plunge in Oil Prices Makes OPEC Nervous, Official Says

Psychological Plunge in Oil Prices Makes OPEC Nervous, Official Says

May 18, 2010 at 22:27 | Darrell Delamaide

The plunge in oil prices in the wake of the euro crisis has OPEC worried. Qatar oil minister Abdullah bin Hamad Al Attiyah emerged as an unofficial spokesman for the…

Oil Prices Drop Further in Week as Euro’s Travails Continue

Oil Prices Drop Further in Week as Euro’s Travails Continue

May 14, 2010 at 16:47 | Darrell Delamaide

Oil Market Summary from: 05/10/2010 to 05/14/2010 Crude oil prices plunged nearly 4% on Friday and were off almost 20% from their 18-month high less than two weeks ago, as…

An Update to the Oil

An Update to the Oil "Head-Fake" Scenario

May 14, 2010 at 10:59 | Charles Hugh Smith

With the world teetering on the edge of another global financial meltdown, it's a good time to revisit my May 2008 Oil "Head-Fake" Scenario. In May 2008 I proposed the…

Cheap Oil: The Engine of America

Cheap Oil: The Engine of America

May 13, 2010 at 11:42 | Charles Hugh Smith

The foundation of the American lifestyle and economy is cheap oil. Remove that prop and every aspect of that lifestyle becomes questionable. Not to sound too cinematic, but everywhere I…

How to avoid Oil Price Volatility

How to avoid Oil Price Volatility

May 13, 2010 at 08:41 | Energy Tribune

From 1949 until 1973, the average annual price of oil fluctuated within a 7% band, but from 1981 through 2009 the variation leapt to almost 10 times that amount. A…

Crude Oil Plunges as Turbulence Rocks Financial Markets

Crude Oil Plunges as Turbulence Rocks Financial Markets

May 07, 2010 at 16:35 | Darrell Delamaide

Oil Market Summary for: 03/05/2010 to 07/05/2010 In a week of market turmoil resulting from Greece’s fiscal crisis, oil went from an intraday high above $87 on Monday – its…

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