November 2009 Archive

Merrill Lynch betting on oil trading at $100 in 2010

Merrill Lynch increased its oil price trading forecast for WTI (West Texas Intermediate) and ICE Brent crude oil prices in 2010 to an average $85 a barrel because of rising ...

Peak oil, what does the latest oil data say?

Peak oil, what does the latest oil data say? The question is not if the world is running out of oil, it's when. There are finite quantities of crude even ...

Petrobras income down 25.8% in third quarter, oil prices

Brazil's state controlled oil company Petrobras reported 7.3 billion reais (around $4.2 billion) in net income in the third quarter of 2009, down 25.8 percent relative to the same period ...

IEA oil report for November 2009

Highlights of the latest IEA oil market report for November 2009 - Crude oil prices rose to their highest level in more than a year in October with WTI and ...

Oil Prices