Articles tagged with: economy
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The Fed has limited options to reboot the economy, with the current fed fund rate near zero. Any potential upside in the economies of the U.S. and EU will have a major impact on oil prices and will push them outside our expected range.
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The U.S. has said it will not tolerate such a move. “Current global economic activity and oil market fundamentals do not justify today’s elevated price levels,” said energy analyst Richard Soultanian with NUS Consulting. However, “it’s clear …
Crude Oil, Crude Prices, Current Oil Prices, Oil Prices »
The U.S. has said it will not tolerate such a move. “Current global economic activity and oil market fundamentals do not justify today’s elevated price levels,” said energy analyst Richard Soultanian with NUS Consulting. However, “it’s clear …
Crude Oil, Crude Prices, Current Oil Prices, Oil Prices »
As the world’s second-largest economy after the U.S., China often gets to be an economic free rider “even absent the current tensions … Instead, China’s oil executives are expected to demand lower prices for Iranian crude, said Mark …
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Oil, gas finish year higher
Detroit Free Press Gasoline followed oil higher this year, with an average for the year of $3.52 per gallon — the highest ever. And high oil and gasoline prices are expected to continue weighing on the economy as it struggles to grow in 2012. … and more » |
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Judging from the current dynamics, any bout of real optimism could send crude oil prices above $125 in short order. This in turn will provide a major drag on the economy once again, and any progress would thereby be quickly negated. It is a Catch-22.
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Oil prices to remain over $100/b for 'some time': BP economist
Platts "There will be a period of muddling through, but the most likely outcome, if the economy is not collapsing, is for oil prices in the current regions for some time to come," Ruhl told an oil conference in London. Brent oil prices have stayed above … |
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Economy Improves – But Will Rising Oil Prices Dampen It?
Seeking Alpha One of the key issues, however, remains the current ratio of crude goods to finished prices. This ratio peaked earlier this year above the 1.3 level which has only occurred three other times in history. Each of these peaks have been present prior to a … and more » |
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OPEC has already signalled it sees no need to release any extra oil to the markets when it meets in December but will probably face increased pressure from consumers as the IEA insists that current prices are damaging the economy. “In 2011 …
Crude Oil, Crude Prices, Current Oil Prices, Oil Prices »
OPEC has already signalled it sees no need to release any extra oil to the markets when it meets in December but will probably face increased pressure from consumers as the IEA insists that current prices are damaging the economy. “In 2011 …