Tuesday, 22nd May 2012
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Peak Oil
Peak oil leaves the spotlight as global
Peak oil theories over the last few years are now not in the spotlight that rules over oil prices this year as the new king of market movers, the “global economic uncertainty” looks set to be a game changer in
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Peak oil theory retested by Yergin’s new book – The Quest
The timing of Daniel Yergin’s new book, The Quest: Energy, Security, and the Remaking of the Modern World, could hardly be better as oil man Yergin retests the popular peak oil theory. With oil prices remaining high, with new sources
WTI firm near $95, global crude oil demand remains mixed
WTI oil futures open Friday's trading session firm near $95 a barrel after a mostly bullish week sees US Light crude bounce back from lows, whilst traders and investors look ...Brent oil closes week at $126, IEA sounds alarm on prices
Brent oil futures close the week's trading session back near $126 a barrel as the IEA sounds an alarm that both Brent and WTI oil prices could march higher unless ...WTI oil trading near $109, Saudi Arabia cuts crude oil output
WTI oil futures open Monday's trading session near $109 a barrel as Saudi Arabia's Oil Minister reports that OPEC's number one crude exporter had cut oil output by nearly a ...WTI oil trading over $111, IMF joins the peak oilers party
WTI oil futures open Friday's trading session over $111 a barrel and oil prices are at new 2011 highs, as the IMF joins the peak oilers party with a message ...OPEC oil output slips lower, Saudi Arabia misses target
OPEC crude oil output slipped lower in March, dropping over 1 percent as the halt in Libyan exports takes effect and it seems that OPEC's star exporter, Saudi Arabia has ...WTI oil trading firm over $104 amid higher US inventories
WTI oil futures open today's trading session firm over $104 a barrel as the latest EIA data showed that US crude oil inventories rose higher than many analysts had forecast, ...OPEC star Saudi Arabia looks to raise oil export capacity
Last weekend OPEC’s star crude oil exporter Saudi Arabia called apon top oilfield service firms to help the country quickly boost its oil rig count by 30 percent to help ...Brent oil trading over $117, oil supply now a real concern
Brent oil futures open today's trading session firm over $117 a barrel as traders and investors resume buying into crude, which is driving oil prices higher, but the real concern ...Can Saudi Arabia boost oil output in times of tight supply?
With recent unrest sweeping the Middle East and Northern Africa, oil supply concerns are a big factor pushing prices higher, and one possible solution to capping prices has been raised ...Saudi oil reserves maybe overstated by near 40 percent
Leaked American diplomatic cables released by the whistle blowing web site WikiLeaks have reveals the American fears that Saudi Arabia, one of the world's largest crude oil exporters, may not ...BP and Russia’s Rosneft sign landmark Arctic shelf oil deal
Oil giant BP and Rosneft, Russia's leading energy company have signed a joint venture to exploit potentially huge deposits of oil and gas in Russia's Arctic shelf.The deal will see ...The age of cheap oil prices is over, comments IEA Chief
Global oil demand is set to hit a new record in 2011 (peak oil anybody?) and we maybe getting closer to waving goodbye to cheap oil prices, according to the ...IEA forecasts that peak oil production started in 2006
The IEA is forecasting for the first time that the global crude oil production peak has in fact already been reached more than four years ago, in 2006.International crude ...Next Page »