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Here’s Why Canadian Oil Prices Are Finally Rallying

Here’s Why Canadian Oil Prices Are Finally Rallying

Canadian pipeline companies are looking…

Energy / Oil Prices

Why Recession always Follows Oil Price Increases

Why Recession always Follows Oil Price Increases

Jun 02, 2011 at 08:06 | The Oil Drum

Over the past 50 years, when oil prices moved up sharply, causing inflation, or remained high with annual average price around $100, recession has followed in many OECD countries (see…

Crude Oil Futures Hit Three Week High

Crude Oil Futures Hit Three Week High

May 31, 2011 at 09:41 | Forex Pros

Crude oil futures extended gains on Tuesday, rallying to a fresh three-week high as a combination of a broadly weaker U.S. dollar, renewed worries over unrest in the Middle East…

Market Fundamentals and the Problem With Oil Prices

Market Fundamentals and the Problem With Oil Prices

May 31, 2011 at 08:44 | The Oil Drum

It has been a tumultuous month when it comes to oil and fuel markets. As of the writing of my Oil and Fuel column in the May issue of Logistics…

Crude Oil Market Update – Monday 30th May

Crude Oil Market Update – Monday 30th May

May 30, 2011 at 17:52 | Forex Pros

Crude oil futures dipped in light holiday trade on Monday, hovering above the psychologically important level of USD100 a barrel, as prices were pressured by a slightly firmer U.S. dollar…

Jim Rogers Still Bullish on Oil and Silver

Jim Rogers Still Bullish on Oil and Silver

May 30, 2011 at 07:50 | Top Stock Portfolios

According to prominent investor  and commodities advocate, Jim Rogers, oil prices are projected to continue increasing, given the depletion of worldwide reserves. However, the expert maintains that silver is expected…

Oil Price Manipulation

Oil Price Manipulation

May 28, 2011 at 09:23 | James Hamilton

The Commodity Futures Trading Commission on Tuesday filed a civil enforcement action alleging that Nicholas Wildgoose and James Dyer, who worked as traders for Arcadia Petroleum Ltd. and its affiliates,…

Poor GDP Data Erases Oil Futures Gains

Poor GDP Data Erases Oil Futures Gains

May 26, 2011 at 12:15 | Forex Pros

Crude oil futures erased gains on Thursday, retreating from a two-week high after worse-than-expected U.S. GDP data and an unexpected rise in weekly jobless claims fuelled concerns over the pace…

Rising Inventories Hit Crude Oil Futures

Rising Inventories Hit Crude Oil Futures

May 25, 2011 at 10:37 | Forex Pros

Crude oil futures were down on Wednesday, briefly adding to losses after a government report showed that U.S. crude oil inventories rose unexpectedly last week. On the New York Mercantile…

Crude Oil Futures Continue Their Fall

Crude Oil Futures Continue Their Fall

May 23, 2011 at 13:09 | Forex Pros

Crude oil futures plunged on Monday, weighed down by the combined effect of a broadly stronger U.S. dollar, data showing weakening growth in China’s manufacturing sector and ongoing fears over…

Crude Oil Futures Trim Gains After IEA Warns of High Prices

Crude Oil Futures Trim Gains After IEA Warns of High Prices

May 19, 2011 at 10:03 | Forex Pros

Crude oil futures pared gains in choppy trade on Thursday, after the International Energy Agency warned that elevated oil prices could derail the global economic recovery. On the New York…

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