A weekly roundup of peak oil news. -Oil and the Global Economy -The Middle East and North Africa -China -Russia/Ukraine -The Briefs
Articles: oil prices (148)
A midweek update. Oil prices have fallen during the last week with New York futures down about $4 a barrel, closing Wednesday at $48.17.
A midweek update. Oil prices have been volatile this week as traders attempt to fathom whether prices are stabilizing due to increasing demand, and eventually falling production, or will undergo another significant drop before rising next summer.
While the exact timing of the current fall in prices may have come as a surprise...the phenomenon itself is quite comprehensible when one recognises the intimate connection between energy...and economics.
A weekly roundup of peak oil news, including: -Oil and the global economy -The Middle East and North Africa -China -Russia/Ukraine -Quote of the Week -The Briefs
A midweek update. For nearly three weeks now New York oil futures have cycled between $48 and $54 barrel, while London futures have climbed steadily reaching nearly $63 a barrel on Tuesday before falling to close at $60 on Wednesday.
A midweek update. The oil price rebound which began in late January continued through Monday of this week.
A weekly roundup of peak oil news, including: -Oil and the Global Economy -The Middle East and North Africa -China -Russia/Ukraine -Quote of the Week -The Briefs
In Part 1 of this series, I talked about why cheap fuels act to create economic growth. In this post, we will look at some supporting data showing how this connection works.
A mid-week update. Oil prices underwent a three-day rally beginning last Friday and ending Tuesday, climbing some 19 percent on expectations that world oil supplies would soon start dropping.