November 2009 Archive

Matt Simmons on peak oil and future oil trading prices at $600?

Legendary Matt Simmons, author of Twilight in the Desert talks about crude oil prices in 2008 and how oil prices could eventually trade higher to reach $600 US dollars per ...

Oil prices trading steady under $80, Ida, US dollar

Oil prices are currently trading steady under $80 a barrel on Tuesday as a weakened US dollar created more turbulence in energy markets than Ida, a tropical storm heading into ...

Ida now a tropical storm, Gulf oil supply steady

Crude oil fell in New York after Tropical Storm Ida weakened in the Gulf of Mexico as it approached the US coast, reducing the potential of further oil supply disruptions.Ida’s ...

OPEC weekly oil prices on roller coaster ride

The weekly average crude oil prices of OPEC countries showed a high frequency of oil price changes last week and seemed to be on a roller coaster ride. On the ...

A world with low oil, key figures distorted by US pressure

The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the IEA who claims it has been deliberately underplaying a looming ...

Oil Prices