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Oil Price Explosion – Brent Crude Jumps 20%

Oil Price Explosion – Brent Crude Jumps 20%

Brent crude rocketed on Sunday…

Oil Prices Close 15% Higher On Record Trading Day

Oil Prices Close 15% Higher On Record Trading Day

Oil prices spiked on Monday,…

Energy / Oil Prices

Why Falling Oil Prices are NOT a Reason to Celebrate

Why Falling Oil Prices are NOT a Reason to Celebrate

Aug 10, 2011 at 08:37 | Robert Rapier

Normally, consumers consider falling oil and gasoline prices to be good news. They have to pay less to fill up their tanks. And if the reason for that is that…

Crude Oil Analysis for the Week of August 8, 2011

Crude Oil Analysis for the Week of August 8, 2011

Aug 07, 2011 at 10:04 | FX Empire

September crude oil reaffirmed its weekly downtrend last week on the trade through the late June bottom at 90.17. Besides trading lower for the year, crude oil also took out…

Why High Oil Prices will Make the Next Debt Crisis Even Worse

Why High Oil Prices will Make the Next Debt Crisis Even Worse

Aug 05, 2011 at 07:49 | Gail Tverberg

Most people assume that the mismatch between US federal government revenue and expenses will go away, with enough time. All that is needed is a little “patch” now, and some…

U.S. Growth Fears Push Crude Oil Futures Close to Five Week Low

U.S. Growth Fears Push Crude Oil Futures Close to Five Week Low

Aug 03, 2011 at 08:47 | Forex Pros

Crude oil futures traded close to a five-week low on Wednesday, fluctuating between small gains and losses as concerns that the U.S. economic recovery was faltering weighed on future demand…

Debt Ceiling Agreement Pushes Crude Oil Prices Higher

Debt Ceiling Agreement Pushes Crude Oil Prices Higher

Aug 01, 2011 at 08:50 | Forex Pros

Crude oil futures were up on Monday, recouping steep losses from the previous session as fears over a possible U.S. default eased after the White House announced an agreement to…

Crude Oil Analysis for the Week of August 1, 2011

Crude Oil Analysis for the Week of August 1, 2011

Jul 31, 2011 at 09:22 | FX Empire

September Crude Oil futures declined 1.8% to $95.70 on Friday after a weaker than expected U.S. GDP report signaled the economy may be growing at a slower than expected pace.…

Slowdown in Demand Pushes Crude Oil Prices Lower

Slowdown in Demand Pushes Crude Oil Prices Lower

Jul 27, 2011 at 09:53 | Forex Pros

Crude oil futures edged lower on Wednesday, as negotiations to raise the U.S. debt ceiling remained deadlocked and after industry data showed that U.S. crude supplies rose by the most…

Crude Oil Analysis for the Week of July 25, 2011

Crude Oil Analysis for the Week of July 25, 2011

Jul 24, 2011 at 11:28 | Commodities Mansion

September Crude Oil futures finished the week at a six-week high, slightly below the psychological $100 level. The late session rally on Friday was driven by demand for crude oil…

Crude Oil Futures Approach Two Week High

Crude Oil Futures Approach Two Week High

Jul 21, 2011 at 09:57 | Forex Pros

Crude oil futures erased losses on Thursday, re-approaching a two-week high as optimism European leaders would reach an agreement to solve the region’s debt crisis boosted demand for riskier assets.…

Strong Housing Data Helps Extend Crude Oil Gains

Strong Housing Data Helps Extend Crude Oil Gains

Jul 19, 2011 at 10:51 | Forex Pros

Crude oil futures extended gains on Tuesday, jumping to a three-day high after stronger-than-expected U.S. housing data boosted future demand expectations from the world’s largest oil consumer. On the New…

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