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Oil Slips – Why?

OPEC is rumored to be getting “their act together” on production freezes and we have a tropical storm possibly rumbling through the Gulf (which pulls staff off of off-shore rigs…

Let’s Watch the Gulf of Mexico and a Coming Storm. $

We’ve written about the storms that flooded Louisiana and the unfortunate series of events that led to it going over ground instead of forming in the Gulf, getting named, and…

Oil Prices Continue to Rise. $

Oil prices continue to rise and were on pace to hit $48.50 a barrel in trading on Thursday.  Once again, we listened to analysts all day long trying to rationalize…

Goldman agrees with us on the Dollar Impact on Oil. $

Sometimes, it’s worth it to just let you know that others are on the same page with us. Goldman Sachs came out with a statement today suggesting that the strength…

Crude Oil Continues to Slip. $

West Texas Intermediate has now closed below $40 a barrel once again – and it could stay weaker for a longer period of time now.  Here are the conditions that…

Others Jump on the Dollar/Crude Oil Bandwagon. $

Others Jump on the Dollar/Crude Oil Bandwagon.   $

Combing the world for stories today, we stumbled upon a story by MarketWatch discussing the reasons why crude oil should visit $35 a barrel again at some point. And lo…

Oil Prices Following Seasonal Swoon. $

There are a number of people that are looking at the drop in oil prices – and many are forgetting that we have some seasonal impacts on crude oil prices…

Watching US Diesel Prices.

Flooding continues throughout the southern part of the US and at some point in time, we risk seeing some of the refiners in the region get impacted. For now, diesel…

Niger River Delta Avengers to Continue Attacks.

The group responsible for bombing Nigerian oil infrastructure has said that it will only discontinue attacks if a third party mediator is allowed to participate in talks between itself and…

Are Petroleum Firms Starting to Reinvest? $

Reports from a few petroleum firms suggest that they have added active wells back into their operations for the first time in nearly 16 months. This is positive because layoffs…

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