With production at 7 mbpd, Saudi Arabia would need the price of oil to reach $145/bbl
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OIL PRICES
This topic tracks the movement of oil prices and the global consequences of volatility in the price of oil and gasoline. It will also examine the role of supply (exploration, refining) and demand as well as the policies from OPEC and other oil producing states, secondary market trading, and speculation on oil prices.
Oil Prices is part of Business Exchange, suggested by
Roger Neal.
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News
Recent news on this topic.
A U.S. proposal to sanction Iran’s state-owned oil company and its main tanker fleet may ensnare any person or business...
Commodities and gold markets, which had a roller-coaster ride after Friday’s stronger than expected US employment...
Oil gained for the first time in six days, paring a weekly decline, after the U.S. jobless rate fell to the lowest...
Ample supplies of crude oil in the US and a large influx of North Sea crude to Asia has widened the Brent/WTI spread as...
Crude oil prices slightly rose during last week and thus continued their trend of moderate changes of recent weeks.
The growing importance of hydrocarbons for the world economy has increased their potential nature as powerful political...
According to the recent producer price index report, which was published yesterday, the PPI for finished goods slightly...
Oil prices had a low point or two in 2011, but finished the year with a fairly decent run. If Iran is pushed hard by...
It appears that the Iranian government is being offered a choice: give up its quest to build nuclear weapons or risk...
Gold and silver prices continued their upward trend and finished yesterday rising; crude oil prices changed direction...
Gold price continued to rally and rose for the second consecutive day while silver prices changed direction and...
In 2011, oil was one of the top performing commodities among those we track, with Brent rising more than 13 percent.
The Iranian Riyal fell to a record low against the US dollar on Monday, after fresh US sanctions imposed severe...
Oil prices jumped more than 1.5 percent to cross the $100 mark on Tuesday, the first trading day of 2012, amid new...
According to the last U.S. pending homes sales report the market continues to rally as there was another increase in...
Since Iran closed the Starit of Hormuz and began military excersices, many especulations in regards the oil prices...
Today, the U.S. Census Bureau updated on the number of new homes sales in the U.S during November 2011: new homes sales...
The bureau of economic analysis published today its third and final estimate of the growth rate of the U.S.
Peter Apps, political risk correspondent at Thomson Reuters, told CNBC, "most people would still expect Vladimir...
Dominic Schnider, Head Commodity Research at UBS Wealth Management says he expects crude oil prices to drop 15 to 20...
Forexsq.com Best of Forex from all other sites, you will find here online Currency Trading, Online Forex Trading,...
Trading Binary options can be done on currencies, crude oil, stocks and gold. In this new weekly section we will be...
Top Sources: Oil Prices
- bloomberg.com
- platts.com
- ogj.com
- energytribune.com
- newsweek.com
- BusinessWeek
- money.cnn.com
- Reuters
- Miami Herald
- blogs.ft.com
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