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Canadian Oil Prices Reach 12-Month High

Canadian Oil Prices Reach 12-Month High

Canadian crude prices hit their…

Energy / Oil Prices

Happy 50th Anniversary Year OPEC

Happy 50th Anniversary Year OPEC

Mar 18, 2010 at 16:04 | Ferdinand E. Banks

On September 14, 1960 OPEC began operations as an ad-hoc talk-shop of sorts, and five years later became a permanent part of Vienna’s international bureaucracy.  I have decided to send…

Crude Prices Stagnate Amid Doubts About Global Demand

Crude Prices Stagnate Amid Doubts About Global Demand

Mar 12, 2010 at 23:40 | Darrell Delamaide

Oil Market Summary 03/08/2010 to 03/12/2010. Crude oil prices tread water for the week as uncertainty about demand continued to weigh on the market. Prices were down slightly on the…

There Will be No Economic Recovery as the Era of Cheap Oil Comes to an End

There Will be No Economic Recovery as the Era of Cheap Oil Comes to an End

Mar 09, 2010 at 02:09 | Business Insider

a href="http://www.businessinsider.com"> When oil crossed $120 a barrel for the first time in May 2008, oil cornucopians knew they were in trouble. Prices had quadrupled in just five years, yet…

Iraq Awards Drilling Contract as it Reaches for Ambitious Oil Production Target

Iraq Awards Drilling Contract as it Reaches for Ambitious Oil Production Target

Mar 02, 2010 at 13:47 | Darrell Delamaide

Iraq announced a $318 million contract with a unit of Turkish Petroleum to drill 45 wells in the supergiant Rumaila oilfield as the country strives to regain and even surpass…

One Night Stand Pricing

One Night Stand Pricing

Feb 25, 2010 at 02:32 | Dave Forest

What's more important: upside or stability? That debate constantly rages amongst commodities producers. Especially when it comes to deciding whether to sell gold, copper or oil at spot versus long-term…

Oil Prices Rise Amid Mixed Economic Data as Euro Concerns Ebb

Oil Prices Rise Amid Mixed Economic Data as Euro Concerns Ebb

Feb 20, 2010 at 16:50 | Darrell Delamaide

Oil Market Summary for 02/16/2010 to 02/20/2010. An easing of the crisis in Europe gave energy markets a firm tone last week that enabled crude oil futures to gain nearly…

More About Oil (Part 2): OPEC'S STRATEGY

More About Oil (Part 2): OPEC'S STRATEGY

Feb 15, 2010 at 13:25 | Ferdinand E. Banks

The IEA has apparently calculated that OPEC earned 575 billion (U.S.) dollars in oil export revenues in 2009, a relatively depressed year, and might earn more than 700 billion this…

More About Oil (Part 1): A  Preview of The New Decade

More About Oil (Part 1): A Preview of The New Decade

Feb 15, 2010 at 13:22 | Ferdinand E. Banks

In 20 years I predict energy wars over oil and  gas resources. By the time it becomes politically profitable to react to problems  in the transport energy sector, it will…

China's Monetary Moves Undercut Crude Oil Rally

China's Monetary Moves Undercut Crude Oil Rally

Feb 12, 2010 at 21:24 | Darrell Delamaide

Oil Market Summary for 02/08/2010 – 02/12/2010. Crude oil prices took a dive on Friday after a week of gains from U.S. blizzards were undercut by another move in China…

Endless Oil: Prices NOT Peaks are the Issue

Endless Oil: Prices NOT Peaks are the Issue

Feb 08, 2010 at 15:13 | Ferdinand E. Banks

”Endless Oil” is the title of a piece in Business Week (Jan, 18, 2010). Its author is Stanley Reed, and it was interesting for me because I remember when Business…

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