Peak oil notes – Aug 22
A midweek update. New York futures have fallen this week largely on expectations the Federal Reserve will taper off quantitative easing in the near future.
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A midweek update. New York futures have fallen this week largely on expectations the Federal Reserve will taper off quantitative easing in the near future.
A weekly update, including: Oil and the Global Economy, The Middle East & North Africa, The August Oil Market Review, Quote of the Week, The Briefs
A weekly update, including:
-Oil and the global economy
-The Middle East and North Africa
-China
-Quote of the week
-Briefs
A mid-week update. Oil prices were relatively stable on Monday and Tuesday, but fell on Wednesday on bad economic news from China and only a modest, close-to-expected, 2.8 million barrel decline in US crude inventories.
A weekly update, including:
-Oil and the global economy
-The Middle East and North Africa
-China
-Quote of the Week
-The Briefs
A midweek update. Crude oil prices traded in a narrow range after three weeks of steady increases that brought New York crude from $94 a barrel to $106 and London from $100 to close Wednesday at $108.57.
The oil price surge that began in late June continued this week with New York oil up another $3 in three days of trading this week to close at $106.52.
A weekly update,including:
Oil and the global economy
The Middle East and North Africa
Quote of the week
The Briefs
A mid-week update. The combination of the military coup in Egypt which ousted President Morsi and a much larger-than-expected drop in US crude and product inventories sent US futures prices to a close above a $100 a barrel for the first time in more than a year.
A mid-week update. There has been little movement in the price of oil so far this week with New York futures hovering around $95 a barrel and London around $101.
A weekly update, including:
-Oil and the global economy
-The Middle East and North Africa
-China
-Quote of the week
-The Briefs
A midweek update. Oil futures fell to a four week low in after hours trading on Wednesday after the API announced their weekly survey shows that US crude stocks grew by 4 million barrels last week along with a 2 million barrel increase in gasoline and a 3 million barrel increase in distillates. Analysts surveyed by the wire services, however, are expecting a 400,000 barrel drop in crude stocks and similar declines in gasoline and distillate inventories. The IEA’s official survey is due out on Thursday this week because of the holiday.