All Posts Tagged With: "oil price"
Oil Price Plummets Nearly 4% on Job Cut Report
Crude oil futures plummeted nearly 4% today (Thursday) – reaching their lowest point in a month – after a disappointing jobs report ignited investor fears…
3Jul2009 | Money Morning | 0 comments | ContinuedSchlumberger Gets Bullish on Oil Prices
A massive slump in oil exploration spending pummeled Schlumberger Ltd. (SLB), the world’s largest oilfield services corporation, as profit fell 17% in the fourth quarter.…
26Jan2009 | Money Morning | 0 comments | ContinuedBy the Numbers: Problems Ahead for OPEC
So far OPEC has been relatively successful at cutting oil production and keeping oil prices propped up. Saudi Arabia is leading the charge saying, more…
25Jan2009 | Q1 Publishing | 0 comments | ContinuedOPEC: Too Little, Too Late
In March of 1974, in the midst of the oil-dependent world’s first oil shock, economist and Nobel Laureate Milton Friedman noted:
Higher [oil] prices induced consumers…
Crude Oil Futures Post Record Gain as “Peak Oil†Expert Calls for Rally to $500 a Barrel
Crude oil futures zoomed more than $16 a barrel yesterday (Monday) – and traded as high as $130 a barrel – thanks to a steep…
23Sep2008 | Managing Money | Comments Off | ContinuedOil Prices: 2 Ways to Hedge Against Global Oil Demand
Hurricane Ike is bearing down on the oil fields in the Gulf of Mexico, the Saudi’s are cutting back on production, there’s been little reduction…
17Sep2008 | Investment U | Comments Off | ContinuedGet On the Other Side of the Pump
If there’s one thing I’m certain of, it’s that casino owners don’t have a soft spot for gambling addicts.
In the same vein, auto body shops…
12Sep2008 | Oxbury Research | Comments Off | ContinuedEnergy Q&A Part III: Investing in Uranium Stocks
Q: “I would very much appreciate your opinion and discussion of uranium mining stocks, as well as the future of uranium, in light of the…
20Jun2008 | Energy and Oil | Comments Off | ContinuedSaudi Arabia Agrees to Increase Oil Output After Crude Hits Another New High
Oil soared to yet another record high on Friday after Goldman Sachs Group Inc. (GS) raised its price forecast for the second half of the…
19May2008 | Money Morning | Comments Off | ContinuedOil Crosses $120 Threshold
Oil surged to a new record high yesterday (Monday), as it gained $4 to trade above $120 in morning trading on the New York Mercantile…
6May2008 | Money Morning | Comments Off | ContinuedDollar Reversal: Prepare for oil and gold prices to drop this week!
Net shorts on a decline in the euro came in at 21,315 on April 29 — compared with net longs of 18,907 a week earlier,…
5May2008 | J. Christoph Amberger | Comments Off | ContinuedOne Sure-Fire Sign That Gas Prices are Heading Higher
The U.S. Energy Department said earlier this week that it expects average monthly gasoline prices to peak at $3.60 a gallon this spring, since the…
11Apr2008 | Money Morning | Comments Off | Continued
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