Oil Prices End Lower on Growing Global Uncertainty
Abcnews reports that Oil prices dropped for a third day on Tuesday with persistent worries about the global economy.
Continue reading "Oil Prices End Lower on Growing Global Uncertainty"
Abcnews reports that Oil prices dropped for a third day on Tuesday with persistent worries about the global economy.
Continue reading "Oil Prices End Lower on Growing Global Uncertainty"
Thursday, July 16, 2009
The oil market is bubbling over. Volatile at the best of times, the last year has been extraordinary even by those standards. When the price of crude came close to $150 a barrel, many thought the commodity was overpriced. And yet, some analysts are forecasting $200 a barrel before long. On Thursday, crude prices hovered above $61 a barrel in Asia after a more positive economic outlook from the U.S. central bank buoyed investor confidence. The Fed said industrial companies cut production far less in June than they had in previous months and that it now expects the economy to contract at a slower pace than previously thought.
Continue reading "Positive Economic Outlook Spurs Crude"
Thursday, July 10, 2008
Hydrocarbons are the sine qua non of modern life. A short thought experiment illustrates the point rather well. Think of how your day would go if you couldn’t use the internal combustion engine, plastic, most electricity, the products of commercial agriculture or anything that has traveled by ship. If you pay even tangential attention to the [...]
Continue reading "Introduction to Hydrocarbon Investing"
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Wednesday, November 24, 2010