http://www.ilvelino.it/articolo.php?Id=540760 ECO – And now forecasts of oil prices at 200 dollars Rome, 6 mag (Velino) – Milan’s Piazza Affari was leading a negative trend all over Europe, with losses around 0.70 per cent for Its Mibtel index, but not too far from other depressed leading exchanges like Paris (down 0.55 per cent) Frankfurt […]
News World oil prices at new record above 120 dollars Tue, 06 May 2008 02:44 PM – Dubai Time AFP – World oil reached a new record price above 120 dollars a barrel on Tuesday as concerns over the United States economy eased, analysts said. New York’s main oil futures contract, light sweet crude for […]
http://tinyurl.com/3s3662 From The Sunday Times May 4, 2008 Time to sell oil and buy shares Investors have poured millions into commodity funds, but did they pile in too late for a market upsurge? <!– Remove Jessica Bown and Kathryn Cooper Investors have poured millions of pounds into commodity funds this year just as City analysts […]
Tired of paying through the nose, Americans try praying at the pump www.yahoonews.com by Karin ZeitvogelMon May 5, 12:22 AM ET At a Shell gas station in Washington, Rocky Twyman and an unusual group of activists were mad as hell about soaring fuel prices. “Last week, this station was 3.51 dollars. Now it’s practically 3.60. […]
Profits Of Doom? By INVESTOR’S BUSINESS DAILY | Posted Thursday, May 01, 2008 4:20 PM PT Profits: Exxon Mobil’s first-quarter earnings of $10.9 billion, up 17% from a year earlier, are stirring outrage in Washington. Some are calling such profits “obscene.” What a sad lack of understanding of economics. Case in point: Presidential […]
Symposium: Energy Independence and the Terror War By Jamie Glazov FrontPageMagazine.com | Friday, May 02, 2008 www.frontpagemagazine.com What is the best way for us to achieve energy independence? What is the urgency for us to do so in terms of our conflict with Islamo-Fascism? To discuss this issue with us today, Frontpage […]
Oil prices fall below $111 as dollar gains http://archive.gulfnews.com/articles/08/05/02/10210063.html 05/02/2008 12:30 AM | AP New York : Another jump in the dollar sent oil prices below $111 a barrel on Thursday as speculators who drove crude futures to nearly $120 pulled out of the market. The dollar’s rise against the euro and other currencies stripped […]
Energy Sector Roundup: The oil slide continues Associated Press 04.30.08, 3:30 PM ET http://www.forbes.com/feeds/ap/2008/04/30/ap4954519.html Oil Futures Pushed Down by Higher Inventories Oil prices fell after the Federal Reserve cut interest rates and a government report said fuel supplies unexpectedly fell last week. Light, sweet crude for June delivery […]
Iran Ends Oil Transactions In U.S. Dollars OPEC‘s Second-Largest Producer Now Pegs Petroleum To Euros And Yen <http://www.cbsnews. com/stories/ 2008/04/30/ business/ main4057490. shtml?source =related_story# ccmm> TEHRAN, Iran, April 30, 2008 (AP) Iran, OPEC‘s second-largest producer, has completely stopped conducting oil transactions in U.S. dollars, a top Oil Ministry official said Wednesday, a concerted attempt […]
Many Ways To Deal With Energy But First Things First: Start Drilling By ROBERT SAMUELSON | Posted Wednesday, April 30, 2008 4:30 PM PT http://www.ibdeditorials.com/IBDArticles.aspx?id=294446195351209 What to do about oil? First it went from $60 to $80 a barrel, then from $80 to $100 and now to $120. Perhaps we can persuade OPEC to […]
European stocks driven by energy sector gains Mon Apr 28, 7:16 AM ET Europe’s main stock markets advanced Monday, with the energy sector moving higher on the back of record oil prices and after earlier gains in Asia, dealers said. In late morning trade, London’s FTSE 100 index of top companies rose 0.57 percent to […]
Singapore-Oil prices hit an all-time high near $120 a barrel after a weekend refinery strike closed a pipeline system that delivers a third of Britain’s North Sea oil to refineries in the U.K. Light, sweet crude for June delivery rose to a record $119.93 a barrel on Monday in electronic trading on the New […]
Breaking News from MoneyNews.com Arab Oilmen Blame U.S. for Pricey Crude Don’t wait for oil producers to pump the U.S. economy out of its economy dead-end, says the head of oil cartel OPEC. In fact, if want cheaper oil, fix the broken U.S. dollar, say cartel leaders. That’s because it’s the weak dollar, not oil […]
http://www.setamericafree.org/wordpress/?p=381
Oil Price May Rise To $125 Per Barrel! http://money.propeller.com/story/2008/04/19/oil-price-may-rise-to-125-per-barrel Money – Legendary oil investor T.Boone Pickens warned Thursday, that crude oil prices are still headed upward and could top $125 a barrel in the short term.US crude futures touched a record $117 a barrel Friday,…….
Congress’ Oil Barons By INVESTOR’S BUSINESS DAILY | Posted Wednesday, April 02, 2008 http://www.ibdeditorials.com/IBDArticles.aspx?id=292027340803101 Energy Policy: A hypocritical Congress drills oil executives for high gas prices while driving up food prices by subsidizing ethanol. If the first presidential primary were in Alaska, would we be getting oil from ANWR? Read More: Energy | […]
Crude oil slips below $100 a barrel NEW YORK, Mar 20 (APP): Crude oil fell below $100 a barrel Thursday for the first time in two weeks on growing concerns that an economic slowdown in the United States, a major oil consumer, would undermine global energy demand. Another factor was the strengthening […]
Oil dependency is America’s ruin Miami Herald, Thu, Mar. 20, 2008 By GAL LUFT By now it is abundantly clear that the U.S. economy is in dire straits. What should also be clear is that the path to economic recovery will be compromised as long as America is dependent on imported oil to the degree […]
NPR Marketplace commentary from this morning on the need to introduce fuel choice in the transportation sector. To listen to the segment click here: http://marketplace.publicradio.org/display/web/2008/03/18/flex_fuel_cars TEXT OF dollar a gallon gas has officially hit the shores of Hawaii and Guam. And California is not be far behind. But high prices are just one in a […]
photo of a street in Senegal. Muslim leaders gather in Senegal for Islamic summit DAKAR, Senegal — The leaders of dozens of Islamic countries gathered in Senegal’s capital Thursday for the opening of a two-day summit to study ways to improve Islam’s image in the West and spur economic development in some of the Muslim […]
A new report by the Institute for the Analysis of Global Security (IAGS) warns against a transfer of wealth of historical proportions from the world’s oil consuming nations to OPEC as a result of the current spike in oil prices. According to the report’s author, executive director of IAGS Dr. Gal Luft, this transfer of […]
www.gulf-daily-news.com Crude prices hover near $110 a barrel Published: 12th March 2008 LONDON: Oil prices struck a record high of $109.72 per barrel yesterday after the dollar hit a fresh all-time low against the euro and amid persistent energy supply concerns, traders said.New York’s main oil contract, light sweet crude for delivery in […]
A Primer on Oil Prices hat tip-Janet L. Guest Column | By Alan Caruba | March 10, 2008 Yes, the price of oil will come down, though no one knows exactly when. “The tripling of oil prices since the summer of 2003 has unleashed forces that within the next two or three years will […]
Oil Reserve Can Wait By INVESTOR’S BUSINESS DAILY | Posted Friday, March 07, 2008 4:20 PM PThttp://www.ibdeditorials.com/IBDArticles.aspx?id=289786799978883 Energy Policy: OPEC has snubbed President Bush’s plea to boost production and give Americans relief at the pumps. Adding insult, oil sheiks say Bush has mismanaged the crisis. Time for some unilateral action. A clearly frustrated Bush […]
Market Scan OPEC: It’s Not Our Fault! Lionel Laurent, 03.05.08, 11:25 AM ET LONDON – The Organization of the Petroleum Exporting Countries decided to keep production on hold Wednesday, a widely-expected move that did little to dispel worries over the current record price of crude oil. OPEC repeated its mantra that the market was “well-supplied” […]
Leading gas producers plan Opec-like body Gulf Times – 29 February, 2008 www.gulfinthemedia.com/index.php?id=384523&news_type=Economy&lang=en World’s leading gas producers are holding consultations on the creation of an Opec-like gas organisation, just as crude oil surged to a record of $ 102 per barrel due to factors ranging from cold weather in Europe and the US as well […]
http://www.arabtime <http://www.arabtime sonline.com/ client/pagesdeta ils.asp?nid= 11900&ccid= 11> sonline.com/ WASHINGTON (Agencies): Russia, China and Opec oil-producing countries have a worrisome potential to use their growing financial clout to exert political pressure, the top US spy chief told Congress on Tuesday. US National Director of Intelligence Michael McConnell voiced the concern to Congress in his annual assessment […]
Categories
Archives