crude oil price

The FUTURE price of OIL?

Yes, it is true. It is completely futile to speculate on the future price of oil. Yet, there are those who do it anyway. Here are...

new record high crude oil price

today, crude oil reached $138/barrel. this is bad. america have an oil crisis and we must find out a way to solve this crisis or we can be in a bigger problem than we thought. we should look into...

crude oil price will it reach $100.

As the energy consumption is increasing all over the world, the demand for crude oil will also go up. But at the same time the increase in price will attract more suppliers. So incourse of time...

is solar power the only means of coming out of the clutches of the greedy OPEC?

we all saw how the OPEC nations held the world to ransom and increased the price of basic crude to $70 per barrel. now that they are tired of raising it further, and no immediate crisis looming...

Japanese Yen: Hedging against falling stock markets.

Global stock markets are falling and most of them are in "bear" trend. But there is something new with commodity and currency prices. We can see sinking crude oil price and rebound for US dollar. ...

Technology stocks with high projected growth.

Q2 earnings are almost over. The best performing sectors in terms of earnings growth y-o-y are energy and technology. Yearly earnings growth change is 25% respectively 15%.Full Standard and Poor’s...

Invest in crude oil. Is it time to cover your shorts?

We could see nice dramatic two-week slide in crude oil price. After reaching peak at $145 price is now down around 14%. Are we going to see further decline through $120, 110 . . . or even below $100...

How to invest in crude oil with ETF.

Crude oil is reaching all time high $82. Many of us are looking at some softening. However you are long or short with crude oil let me put some ETF in question.Well known and most liquid are (OIL)...

Refinery Utilization Rates and Increase in Use of Heavy/Sour Crudes

This is a guest post by Smokey. Smokey has a background in sustainability in transportation, and has conducted research on responding to fuel supply disruptions. To what degree is the decline in...

In Defense of the Hubbert Linearization Method

This a post by Jeffrey J. Brown (westexas) The Hubbert Linearization (HL) method (the Hubbert Linearization term was coined by Stuart Staniford, with The Oil Drum) is essentially based on the...

Gasoline Prices – Part I: Immediate Causes

Introduction As of this writing in late May 2007, gasoline prices have increased by over $0.70 per gallon since March. This is great news if you bought gasoline futures in March, but bad news for...

The ELP Plan: Economize; Localize & Produce

This is a guest post by Jeffrey J. Brown, known to all of you as westexas. In this article I will further expound on my reasoning behind the ELP plan, otherwise known as "Cut thy spending and get...

DrumBeat: March 27, 2007

Pemex revises reserve figures The nation has proven reserves of 15.51 billion barrels of oil equivalent, enough to meet demand into 2016, state-run petroleum giant Pemex said Monday. The proven...