Crude, Heating Oil Increase on Service Expansion: Oil Products
Bloomberg reports that Crude oil, heating oil and gasoline advanced more than 1 percent.
Continue reading "Crude, Heating Oil Increase on Service Expansion: Oil Products"
Bloomberg reports that Crude oil, heating oil and gasoline advanced more than 1 percent.
Continue reading "Crude, Heating Oil Increase on Service Expansion: Oil Products"
Wednesday, December 8, 2010
Bloomberg reports that Crude oil may rise to as much as $150 a barrel over the next three to four years.
Continue reading "Crude Oil May Reach $150 in Four Years"
Wednesday, November 24, 2010
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"
Wednesday, November 17, 2010
Washingtonpost reports that Oil prices continued to slide on lingering concerns about economic stability in Europe.
Continue reading "Oil continues to slide, natural gas rises 5.6 pct"
Thursday, October 15, 2009
Gold may be taking off right now, but it's not the only thing in an uptrend. Energy is also moving higher. The considerable drop of investment in oil exploration and production is, however, set to bring the risk of oil prices hike in the future. In Iraq, a different picture is playing out.
Continue reading "What’s Adding Fuel To The Fire?"
Friday, September 25, 2009
If bearish sentiment continues for a bit, expect to see a potential break below support levels around $67.35. Further declines in shipping rates due to reduced Chinese demand can be expected to continue, highlighted by expectations for a 50 per cent drop in freight rates in the next four months.
Continue reading "Buyers To Buy If Prices Weaken"
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Wednesday, January 5, 2011