Crude Oil Tumbles Below the $40 Psychological Barrier
Monday, December 22nd, 2008 Posted in Crude Oil, Market Analysis | No Comments »Oil prices slumped more than $4 by the end of last night's trading to close at $39.92 a barrel. The slide comes just after the Organization of the Petroleum Exporting Countries (OPEC) agreed to cut the supply of Oil by ...
Crude Oil Expects to Dip below $50 a Barrel by End of November
Thursday, November 20th, 2008 Posted in Commodities, Crude Oil | 3 Comments »Oil is currently priced at just below $53 a barrel, down from its high of $147.27 in the middle of July. The price of Crude is set to continue its downward spiral. According to analysts, this is in response to ...
The Middle East and Oil (part 3)
Wednesday, November 5th, 2008 Posted in Commodities, Crude Oil | 1 Comment »So what is the third impact on the price of Crude Oil brought about by Middle Eastern conflict mentioned in Part 2? The answer is speculation. Now understand that investors speculate on almost anything that can, will, or might happen ...
The Middle East and Oil (part 2)
Thursday, October 30th, 2008 Posted in Commodities, Crude Oil | No Comments »The first installment left off with an intriguing question in mind: what is the resulting impact on the price of Crude Oil arising from Middle Eastern conflict? It was proclaimed
The Middle East and Oil (part 1)
Tuesday, October 28th, 2008 Posted in Commodities, Crude Oil | No Comments »Every morning traders are waking up, reading the morning analysis, and finding out what's happening in the market and each day it seems as if the price of Oil is "dropping," "falling," "declining," or "depreciating." But does this really come ...
Petróleo Barato para fin de año?
Monday, October 27th, 2008 Posted in Analisis en Español, Commodities, Crude Oil | No Comments »Los precios del petróleo disminuyeron en $2.63 y se colocaron en menos de $70.00 el barril a pesar de la expectativa surgida a raíz de que la OPEC recortaría su producción en una reunión de urgencia anunciada para ...