Oil Supply Concerns Trump Sagging Demand
Supply concerns dogging major producers have kept both Brent crude and WTI above $100 per barrel to begin the year.
Continue reading "Oil Supply Concerns Trump Sagging Demand"
Supply concerns dogging major producers have kept both Brent crude and WTI above $100 per barrel to begin the year.
Continue reading "Oil Supply Concerns Trump Sagging Demand"
Monday, January 9, 2012
Iran’s saber-rattling in the Persian Gulf kicks off what could be a volatile year for oil markets.
Continue reading "2012 Oil Market Outlook"
Thursday, November 24, 2011
Reuters Africa reported that Italy cannot prevent sanctions against heavy crude imports from Iran.
Continue reading "Italy Oil Sector Fears Inevitable Ban on Iran Crude"
Thursday, March 3, 2011
The political uprisings in the oil-rich region of the Middle East and North Africa are pushing oil prices to a dangerous level that threatens to force many still recovering economies into another recession. Wayne Atwell, Managing Director of Casimir Capital, spoke with Oil Investing News, a part of The Resource Investing News Network, about the possible implications for the resource markets.
Thursday, December 30, 2010
Oil prices have risen steadily this quarter. Benchmark crude hit a 26-month high on Monday near $92 per barrel and is forecast by some analysts to be headed to $100, driven by quantitative easing in the United States and as data supporting robust growth in India and China drive demand. Analysts believe OPEC's evident reluctance to increase output and the prospect of continued dollar weakness add to the case for costlier oil in 2011.
Continue reading "Oil Price Trends"
Tuesday, November 11, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Market news What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches. Barring a major depression of the sort where people make shoelace soup, winter means more demand for natural gas. So, [...]
Continue reading "South Parse: Talking Turkey"
Monday, September 8, 2008
Iranian officials said that the country has around 85 billion barrels of recoverable heavy oil. Mohammad-Ali Emadi, director of research and development at the National Iranian Oil Company (NIOC), said: Iran has more than 85 billion barrels of recoverable heavy oil. For more heavy oil news, click here
Continue reading "Iran has 85 billion barrels of recoverable heavy oil"
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Monday, January 23, 2012