This app is very useful to track oil & gas prices. However, its interface is too limited, always starting with the 24hr price graph with no option to set a preferred view nor remembering the last view selected. If that were fixed I would give it five stars. ...
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo By Nicole Jao NEW YORK (Reuters) -Oil prices slumped over 2% on Wednesday as worries over supply disruptions in Libya eased ...
Selected World Oil Prices.A graph is presented showing selected world crude oil prices as of March 2011, from the U.S. Department of Energy.EBSCO_bspFoi
In summary, there is a saying in the oil industry that “the cure for low oil prices is low prices.” As prices have fallen and remained low over the last six years, needed investment has been curtailed, projects shuttered, capex slashed as more investment has been needed to replace deplet...
There just are not that many places to find reserves, easy stuff is gone. If they do NOT make shale plays work and if oil/gas continue to provide the bulk of energy, oil/gas prices will go up a lot. Which tends to cause major economic recessions. It's a big mess this world is ...
Oil Price Information Service (OPIS) directs iPhone users to best prices on gas, goods and services. The Oil Price Information Service (Opis), a ‘comprehensive’ source for petroleum pricing and news information has launched ‘iGas’ an iPhone application that is claimed to ‘help millions of...
The idea that high oil prices cause recessions shouldn't be any surprise those who have been following my writings, or those of Dave Murphy, or those of Jeff Rubin. Yesterday, though, the Wall Street Journal finally decided that to mention the idea to it
The government will live to regret their ignorance of the problem. Colin Campbell The peak in regular conventional oil was passed in 2005, but shrewd traders saw a rising trend and began to play the futures curve, which led to a surge in oil prices. This massive flood of petrodollars to ...
There are many people reading this blog who are directly affected by oil prices and who have to make decisions based on future oil prices. Having a model to understand the dynamics of oil prices is of use to them. The second reason is that some people reading this blog model oil ...
Over the past 50 years, when oil prices moved up sharply, causing inflation, or remained high with annual average price around $100, recession has followed in many OECD countries (see example for UK below the fold). As of 24th May 2011 the annual running average for Brent was $91.33. ...