Uncertainty and confusion only results in a bearish sentiment. For now the current and projected oil demand pattern is not likely to result in a surge in oil prices anytime soon. In fact the demand side of the equation is currently biased to the …

OPEC says oil plentiful, supply above market needsReutersAnd the increased flows have helped push oil down $15 from a March high of $128 a barrel. "Higher OPEC crude oil production underscores the current trend of plentiful supply in excess of mar…

China’s apparent oil demand – crude runs plus net imports of oil … Sinopec will lose $5 per barrel and PetroChina $7 a barrel in refining if crude prices remain at current levels, CLSA said. China, which controls fuel prices to curb inflation …

which is a negative for oil demand,” said Lundberg. The survey tabulates prices every two weeks at thousands of gas stations nationwide. The average price nationally one year ago was just shy of $4 — some 15 cents under the current average …

AFPOil prices extend losses before key US payrolls dataAFPHe added: "The poorer US economic data from the past two days have sparked doubts that oil demand will recover in the US, the world's largest consumer of oil. Furthermore, the current s…

Oil starting the week on the defensiveNASDAQWith the supply side of the equation moving into the background (for the moment) the market has been focusing on current and projected global oil demand for guidance for the next move for oil prices. As I hav…

Oil starting the week on the defensiveNASDAQWith the supply side of the equation moving into the background (for the moment) the market has been focusing on current and projected global oil demand for guidance for the next move for oil prices. As I hav…

With the supply side of the equation moving into the background (for the moment) the market has been focusing on current and projected global oil demand for guidance for the next move for oil prices. As I have discussed on numerous occasions the demand…

Financial PostOil price will continue to be volatileFinancial TimesSir, I was surprised to read Nick Butler's article on oil prices, which appears to ignore a number of key issues on oil demand, supply and pricing (“Away with the jerry cans! Oil&…

Center for Research on GlobalizationUS oil sanctions on Iran can affect Ghana – MinisterGhanaWebThe Minister explained the sanctions and accompanying insecurity in the Gulf region has an effect on the movement of oil prices on the world market. “If…