Obama and Alternative Energy: the Paradox
January 27, 2009 4:41 pm by Greg HoldenOne of Barack Obama's primary initiatives during his first week in office has been focused on generating the incentives necessary to help proliferate the usage of renewable energy. Mixed with this environmental push is also legislation designed to entice auto ...
Downward Pressure on Oil Prices Continues
January 27, 2009 3:10 pm by AylonOil prices spiked to the 48.50 price level yesterday, boosted partly by extreme weather conditions and top energy consumption in the United States. In addition, signs that OPEC oil supply cuts may have begun to underpin prices, turn more tangible.
Oil’s Bearish Run
January 5, 2009 10:50 am by AylonThe price of Crude Oil continues to fall despite the current conflict in the Middle East. On Monday, Crude Oil rose 12% as Israel attacked Hamas installations in the Gaza Strip over the weekend. However, since Monday, Oil has continued ...
Top Currency Pair of 2008
December 31, 2008 12:13 pm by Greg HoldenIt is customary for our ForexYard analysts to come together around this time and discuss which currency pair was the most interesting to watch throughout the year. It was a tight race between the EUR/USD and the EUR/GBP this year ...
Crude Oil Tumbles Below the $40 Psychological Barrier
December 22, 2008 5:38 pm by Greg HoldenOil 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 is Likely to Plunge below $30 a Barrel
December 18, 2008 11:51 am by AylonThere are two questions that people in the financial world continue to ask themselves these days. The 1st is how long the financial crisis will last? The 2nd is how much lower will the price of Crude Oil sink? Only ...
Crude Oil is Likely to Plunge below $30 a Barrel
December 11, 2008 9:25 am by AylonThere are two questions that people in the financial world continue to ask themselves these days. The 1st is how long the financial crisis will last? The 2nd is how much lower will the price of Crude Oil sink? Only ...
Mid-Year High Energy Prices Carry Long-Term Impact on Oil Prices
December 3, 2008 11:45 am by Greg HoldenStating the high cost of Crude Oil in mid-July of this year would be beating a dead horse. This oft-repeated piece of data appears in almost any analysis of the energy market, yet almost always fails to connect why it's ...
Crude Oil Prices Float in Anticipation of OPEC Meeting
November 28, 2008 1:48 pm by Greg HoldenAnalysts have been ramping up this weekend's meeting between the Organization of Petroleum Exporting Countries (OPEC) as there is a prediction that they will decide on a rather large production cut. Adding to this speculation was a recent statement made ...
Crude Oil Expects to Dip below $50 a Barrel by End of November
November 20, 2008 3:07 pm by Greg HoldenOil 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 ...
