Tag Archive | "international energy agency"

Oil Has Biggest Weekly Decline in Three Months

Saturday, November 20, 2010

Bloomberg reports that Oil fell, posting its biggest weekly loss in three months.

Oil Prices Climb on Supply Concerns and Bernanke Comments

Tuesday, June 8, 2010

Oil prices gained as much as 1 percent with analysts offering further support; expecting a decline of 1 million barrels of U.S. oil supplies from 363.2 million last week. Oil inventories have not fallen nationwide for two consecutive weeks since January.

Normalcy Trends Chase Higher Oil

Thursday, August 13, 2009

Oil levels were nearing levels that would likely prompt an increase in supply from the OPEC. Such an action would likely cause oil prices to drop. Furthermore, evidence of a bottoming out of the recession is still a bit patchy. The latest data on industrial production for some of the larger countries continues to remain negative.

Oil and Gas Price Chart
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