A mid-week update. After falling for two days, oil prices rebounded on Wednesday after the weekly stocks report showed an unexpectedly large increase in US refinery utilization and a drop of 4.5 million barrels in US crude inventories.
Articles: oil prices (92)
A mid-week update. Crude prices continued to fall this week as markets ignored the new sanctions on Russia and the increasing turmoil in the Middle East to focus on sagging gasoline demand and increasing product stocks.
The standard way to make forecasts of almost anything is to look at recent trends and assume that this trend will continue, at least for the next several years.
A midweek update. New York crude futures have traded in a narrow range between $102-$103 per barrel this week as the markets reacted to changing headlines
If you want to corrupt a people, corrupt the language. Once it becomes impossible to say the truth with the language we have, it will ultimately be impossible for us to adapt and survive.
A weekly update, including: -Oil and the Global Economy -The Middle East and North Africa -China -Ukraine -Quote of the week -The Briefs
A midweek update. London oil prices have continued to move higher this week as the Iraqi situation deteriorated further with Brent closing on Wednesday at $114.22.
There is no way out of the Catch 22 within the growth economy model.
A mid-week review. After holding around $104 a barrel since the end of last week, New York oil futures fell to 102.72 on Wednesday following analysts’ predictions of an increase in US crude stocks.
A mid-week update. Futures prices in New York and London continue to climb this week and are now up some $4 -5 a barrel since early May.