Next Week's OPEC Meeting "Looney Tunes" and the Contango "High Step"
The ever obliging oil industry commentators and talking heads are falling all over themselves complimenting the Saudis for their seriousness in abiding by its OPEC allocation.
The ever obliging oil industry commentators and talking heads are falling all over themselves complimenting the Saudis for their seriousness in abiding by its OPEC allocation.
Jeff Madrick | Posted 09.12.2008 | Business
Oil is a financial asset now. It attracts hundreds of billions of dollars of institutional investment. And like all financial assets throughout time, it is given to fashion and fad.
AP | JOHN WILEN | Posted 04.24.2008 | Business
NEW YORK — Crude futures made their first foray past $115 Wednesday, propelled to a new record by concerns about how much gas will be available ...
AP | JOHN WILEN | Posted 03.28.2008 | Business
NEW YORK — Oil surged Wednesday, rising a remarkable $5 a barrel to a new record over $104 after the government reported a surprise drop in crud...
AP | JOHN WILEN | Posted 03.28.2008 | Business
NEW YORK — Oil futures shot higher Tuesday, closing above $100 for the first time as investors bet that crude prices will keep climbing despite ...
AP | George Jahn | Posted 03.28.2008 | Business
Oil prices edged up Thursday, moving closer to the record $100 a barrel reached briefly a day earlier on escalating violence in Nigeria, a weaker U.S....
AP | John Wilen | Posted 03.28.2008 | Business
Gas prices rose back to $3 a gallon at the pump Friday, following rising oil futures on concerns about tight inventories and potential supply disrupti...
AP | John Wilen | Posted 03.28.2008 | Business
Oil futures rose Tuesday, but retreated from earlier highs, after the Federal Reserve cut a key interest rate by one-quarter of a percentage point to ...
New York Times | JAD MOUAWAD | Posted 03.28.2008 | Business
After a year of dizzying gains for energy markets, a rapid fall in oil prices lately is posing a dilemma for OPEC, the oil-producing cartel. Should O...
Raymond J. Learsy | Posted 01.12.2009 | Business