• 3 minutes Why NG falling n crude up?
  • 7 minutes Tesla Battery Day (announcements on technology)
  • 10 minutes America Could Go Fully Electric Right Now
  • 12 mins The China Daily newspaper just did a flash poll of 1600 Chinese Communist Party members. 98% said Biden won the debate.
  • 7 mins California’s Electric Vehicle Dream Has A Major Problem: No
  • 18 hours Ilhan Omar connected Ballot Harvester in cash-for-ballots scheme
  • 5 mins Something wicked this way comes
  • 12 mins Kalifornistan, CO2, clueless politicians, climate hustle
  • 6 hours What is Best for Germany Now?
  • 2 days Debate Night: Trump needs to be concerned about left leaning Chris Wallace , not Biden
  • 6 hours Permian in for Prosperous and Bright Future

Energy / Oil Prices

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

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…

Peak Oil: Why a Supply Crunch Can Lead to lower Oil Prices

Aug 11, 2010 at 09:19 | The Oil Drum

There seems to be an on-going debate among peak oilers and many economists as to which came first, the chicken (peak supply flow) or the egg (peak demand). The first…

The Price of Oil is Going Up

Aug 05, 2010 at 09:47 | Mad Hedge Fund Trader

I received another scratchy, crackling cell phone call from my drilling buddy in the Texas natural gas fields today. You could almost choke from the dust on the line. He…

Cloudy Economic Outlook Keeps Crude Oil Trading in Narrow Range for Week

Jul 30, 2010 at 18:04 | Darrell Delamaide

Oil Market Summary for 07/26/2010 to 07/30/2010. Crude oil futures continued to trade in a very narrow range, unable to cross the $79 a barrel threshold even though they ended…

Oil Prices Show Little Momentum for Breaking Through $80 Barrier

Jul 24, 2010 at 04:02 | Darrell Delamaide

Oil Market Summary for 07/19/2010 to 07/23/2010. Prices of crude oil futures slumped below $79 a barrel on Friday despite a stock market rally and the rise of Tropical Storm…

Stock Prices, Economic Data Buffet Crude Oil Futures in Lackluster Trading

Jul 18, 2010 at 14:18 | Darrell Delamaide

Oil Market Summary for 07/12/2010 to 07/16/2010 An unexpectedly sharp drop in a key consumer confidence index sent stocks plummeting on Friday and drove down prices for crude oil futures…

Crude Oil Tracks Stocks Upwards to Close Week Above $76 a Barrel

Jul 10, 2010 at 04:46 | Darrell Delamaide

Oil Market Summary for 07/05/2010 to 07/09/2010. Crude oil futures finished the week on a positive note, tracking stocks upward after hitting the low for a month earlier in the…

Tropical Storm Threat Propels Oil Prices to Gain for the Week

Jun 27, 2010 at 21:23 | Darrell Delamaide

Oil Market Summary for 06/21/2010 to 06/25/2010 Crude oil prices surged ahead more than 3% on Friday as the first Atlantic tropical storm of the season began brewing in the…

Crude Oil Holds on to Week’s Gains After High Inventories Threaten Rally

Jun 18, 2010 at 17:31 | Darrell Delamaide

Oil Market Summary for 06/14/2010 to 06/18/2010. Crude oil futures held on to strong gains for the week in lackluster Friday trading, after higher-than-expected inventories earlier in the week threatened…

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

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

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

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

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

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 "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

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

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

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…

Oilprice - The No. 1 Source for Oil & Energy News