All Posts Tagged With: "oil demand"
IEA report says global oil supply and consumption unsustainable
Oil prices will rebound to more than $100 a barrel as soon as the world economy recovers, and will exceed $200 by 2030, the International Energy Agency will say in its flagship report to be published next week.
While market…
Four Ways to Fight the “Oil-Flation Epidemic”
Want to know what the price of a barrel of oil will be in eight years?
Exactly $119.50 a barrel.
There’s no shortage of pundits predicting where oil prices are heading. And every day seems to bring new reasons to change the…
3Sep2008 | Money Morning | 0 comments | ContinuedHow Low Will Oil Go?
A few weeks ago, I wrote a column commenting that the price of oil had outstripped fundamentals and was running on fumes. So count me unsurprised that oil has plunged $32 from its high of $147.27 on July 11.
A reader…
13Aug2008 | Investment U | 0 comments | ContinuedCashing 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 | ContinuedMoney 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
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