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Crude Oil, Crude Prices, Current Oil Prices, Oil Prices, Uncategorized »

[18 May 2012 | No Comment | ]

Oil prices continued their freefall today with futures in New … to expand 8.1 this year compared with 8.6 percent previous, while the forecast for the current quarter was reduced to 7.9 from 8.5 percent. In the meantime, Moody’s cut its ratings on …

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices »

[18 May 2012 | No Comment | ]

Not so this time around. The current situation tends to benefit the value of the dollar against the euro. With virtually all international oil trades in dollars, that does mean prices may stabilize for a time. But it also means the concentrated …

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices, Uncategorized »

[18 May 2012 | No Comment | ]

“A weakening of sentiment has brought oil prices down sharply… with sovereign debt fears a key element in a mounting loss of faith in economic, and hence demand, prospects,” added Barclays analysts in a commentary. “The current bout of …

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices, Uncategorized »

[18 May 2012 | No Comment | ]

FRANCE 24Xtreme Oil & Gas Inc. (XTOG)MarketWatchThe floor on oil prices, meanwhile, may not be too far below the current levels. “If the upcoming meeting with Iran goes 'well', I wouldn't be surprised to see us test $85” for West Te…

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices, Uncategorized »

[18 May 2012 | No Comment | ]

Not so this time around. The current situation tends to benefit the value of the dollar against the euro. With virtually all international oil trades in dollars, that does mean prices may stabilize for a time. But it also means the concentrated …

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices, Uncategorized »

[18 May 2012 | No Comment | ]

Don't completely give up on oil just yetMarketWatchThe floor on oil prices, meanwhile, may not be too far below the current levels. “If the upcoming meeting with Iran goes 'well', I wouldn't be surprised to see us test $85” for West…

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices, Uncategorized »

[18 May 2012 | No Comment | ]

Oil and gasoline prices are sinking … No one is yet overflowing with glee over current prices. So far this year, gasoline has averaged $3.67 a gallon nationwide. If sustained all year, that would be the highest annual average ever.

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices, Uncategorized »

[17 May 2012 | No Comment | ]

Wilkes Barre Times-LeaderLower oil prices ease load on consumers and ObamaWilkes Barre Times-LeaderIn this Sunday, May 13, 2012, photo, gas prices are displayed on a board at a Hess station in Hoboken, NJ Oil and gasoline prices are sinking, giving rel…

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices, Uncategorized »

[17 May 2012 | No Comment | ]

Oil Prices and the Death of GreeceMoney Morning[Editor's Note: Dr. Kent Moors, Money Morning's global energy strategist, keeps investors aware of the developing factors that will drive oil prices well above $100 a barrel. He recently outlined f…

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices »

[17 May 2012 | No Comment | ]

ThinkProgressOil and Gas Production in Australia Industry Market Research Report Now …San Francisco Chronicle (press release)In 2011-12, the Oil and Gas Production industry's revenue is expected to increase as higher prices and increased natural …