All Posts Tagged With: "crude"

Crude Hits Another Record High Above $140

The benchmark crude oil rose 57 cents to settle at a record-high $140.21 a barrel on the New York Mercantile Exchange Friday, after a sell-off on Wall Street left the Dow Jones Industrial Average in bear territory.

After plummeting 358 points on Thursday,…

30Jun2008 | Money Morning | 0 comments | Continued

Midnight Oil

For a useful way to think about energy exports and prices, Dallas based geologist Jeffrey Brown points to the current situation with global rice supplies. Brown among others worked on the Export Land Model (ELM), a model that reflects the…

25Jun2008 | Whiskey and Gunpowder | 0 comments | Continued

The Anti-Dollar

Oil has become the “anti-dollar” of modern times. Oil is now serving as the source of global monetary discipline that gold used to perform.

Oil is the energy life-blood of all modern economies. So when a nation debauches its currency, the…

21Jun2008 | Whiskey and Gunpowder | 0 comments | Continued

Crude Oil: Honeymoon surprise

It is a real-life version of the Beverly Hillbillies. Or maybe it should be called the Belizean Hillbillies.

My new wife made me promise to leave my laptop and writing duties at home on our recent honeymoon. Like a good new…

26May2008 | Andrew Snyder | 0 comments | Continued

Cashing in on Commodities: What’s Driving the Oil Bull, How Much Further It Will Go, and How Investors Can Profit

Exactly 12 months ago, West Texas Intermediate crude oil was trading at just under $63 a barrel.

Yesterday (Thursday) futures prices for that benchmark grade of crude oil hit the latest in a succession of record highs, punching through the $135-a-barrel…

23May2008 | Money Morning | 0 comments | Continued

Money Morning Boosts Oil Target Price to $225 a Barrel, Thanks to Continued Scarcity, Burgeoning Demand in China

Money Morning Investment Director Keith Fitz-Gerald - one of the first global financial gurus to predict triple-digit oil prices - has boosted his target price for crude oil from $187 to $225.

The case for the target-price increase of 20% was…

8May2008 | Money Morning | 0 comments | Continued