Peak Oil Notes – June 4
After climbing on Tuesday due to a surge in the euro, prices fell on Wednesday to close down slightly for the week.
After climbing on Tuesday due to a surge in the euro, prices fell on Wednesday to close down slightly for the week.
A weekly review including Oil and the Global Economy, The Middle East & North Africa, China, The Briefs.
Oil prices have fallen for three straight sessions this week closing Wednesday at $57.51 in New York and $62.06 in London
A weekly review including Oil and the Global Economy, The Middle East & North Africa, Russia/Ukraine, Greece, The Briefs.
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, China, Russia/Ukraine, The Briefs
The possibility that 2015, give or take a year, will see the all-time peak in global oil production is coming in for increased discussion as some prominent analysts make a “peak year” call.
Oil prices surged to 2015 highs on Wednesday after the EIA reported that US crude stocks fell by 3.9 million barrels last week…
A weekly review including Oil and the Global Economy, The Middle East & North Africa, China, Russia/Ukraine, The Briefs
Oil futures traded quietly on Monday and Tuesday until the weekly stocks reports showed a decline of 514,000 barrels of crude in storage at Cushing
Industry leaders are warning that the $114 billion cut in capital expenditures for producing new oil is likely to end up in lower production and much higher prices in the years ahead as the demand for oil continues to grow.
Weekly review including Oil and the Global Economy, The Middle East & North Africa, China, Russia/Ukraine, The Briefs.
Oil prices surged this week.