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More about Oil from Google Blogsearch:
IEA, unlike OPEC, sees oil demand rising in 2010
The "dueling forecasts" regarding 2010 global oil demand continue. Contrary to OPEC's forecast, the International Energy Agency is forecasting global oil demand will rise in 2010, as the world emerges from its worst recession since the ...
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Mish's Global Economic Trend Analysis: Technically and ...
Japan's producer prices fell at a record pace in June as oil costs declined and companies required fewer materials amid a global recession. The costs companies pay for commodities and unfinished goods tumbled 6.6 percent from a year ...
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Are Speculators Driving Oil Prices? - The Stash
If the underlying assumptions that seem to have been driving oil markets were right — namely, that a vigorous recovery is just around the corner, and demand will shoot up soon — then it would be perfectly reasonable to accumulate oil ...
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Oil speculation - Paul Krugman Blog - NYTimes.com
Oil speculation is back in the news. Last year I was skeptical about claims that speculation was central to the price rise, because what I considered the essential signature of a speculative price rise - physical withholding of oil from ...
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IEA Says Oil Demand Will Be Higher In 2010
This follows a report from OPEC earlier this week that oil demand will remain clobbered for the next 4 years. OPEC's pessimism is based on the recession, which it seems to think will be protracted. More interestingly though, it also ...
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The Oil Drum | DrumBeat: July 10, 2009
Oil has plunged 10 percent this week on speculation fuel use in the U.S., the biggest energy-using nation, will drop. The greenback has risen 0.8 percent against most major currencies since the beginning of the month. ...
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Crude Oil & Energy Update : MarketClub Trader's Blog
“When you hear the news reporters talk about the price of crude oil in the marketplace, they're generally talking about WTI, which is West Texas Intermediate crude oil. It's a very light, sweet crude oil and the highest grade that's out ...
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Gunmen kidnap oil-coy chief | Vanguard News
By Dayo Johnson FIVE gun totting kidnappers on Thursday stormed the Ore/Irele Oil Palm Company in Ondo state and took away its Managing Director Mr Richard Awofisayo. Saturday Vanguard gathered that the kidnappers who were armed invaded ...
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