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Headed Back to the 70’s.

There is some evidence that we could be entering a period of time that we saw not too many years ago in which we threw a $20 per barrel premium…

Watch Iran Negotiations and Oil. $

You may be wondering why Brent North Sea Crude is at an $11 per barrel premium to WTI. One of the reasons is that the US can’t export crude oil…

OPEC Warns that it Can’t Stop Production. $

Kuwait’s foreign minister said on Thursday that OPEC can’t control output. In a push for each member to secure their market share, each is saying that they want to control…

 Too Early to Predict This Week’s News Impact on Oil. $

The next 48 hours will be very interesting for oil traders. There are at least four major factors that could affect crude oil prices, which settled down at $43.15 a…

EIA Says US Production Will Be Higher Than Expected. $

Well, it won’t be the catalyst for $10 per barrel oil, but it was a news item that sent ripples through the oil industry. The EIA said today that its…

Cut to the Chase on Oil – Overpriced. $

Cut to the Chase on Oil – Overpriced.    $

This is not investment advice! ExxonMobil’s CEO, Rex Tillerson, said that this market has the potential to be one of the most volatile we have seen in years – and…

Shocking Note about Oil and Where it Could Go. $

Shocking Note about Oil and Where it Could Go.  $

This isn’t one of the shock figures of $10 a barrel based on whims and gut feelings or the prediction that it could shoot up to $150 a barrel, but…

Southern California Refinery Explosion to Impact California Gasoline Prices.

We just wanted to make sure you had the bare facts on the refinery explosion in Southern California. The refinery was in Torrance, California and belonged to ExxonMobil. It processed…

EIA Inventory Figures Show Significant Build in Crude Oil. $

We want to try something on this week’s crude inventory report. We pulled the actual data from the EIA to give you an idea of what the real crude oil…

Gasoline Prices Increase, Diesel Less Active. $

If you watch your fuel surcharges on shipments, you might start to see them creep back up a little bit – but the good news is that they should be…

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