February 23, 2011 CNN :
Our Total Dependence On Oil Is like Building A Home Next To A Volcano & Now The Volcano Is Rumbling
Our total dependence of the value of money, purely being based in the confidence for the return is like building the society like a casino. The bank always wins. Oil be one resource, better look at the root, the insane confidence in banks and interest based currency. It's like trusting there will always be calm waters when boating without life-west.
Oil and Gas Market ,Opec Oil and Gas market prices Saudi Arabia Aramco Shell BP Petroleum ELF ,brent , crude NIMEX Gulf Emirates Kuwait Iraq Iran UAE Angola Russia cartel
Thursday, February 24, 2011
Wednesday, February 23, 2011
Oil may hit $100 on Libya contagion fear
Crude oil is not very comfortable for India at USD 96 West Texas Intermediate (WTI) and Brent having crossed USD 100 per barrel. Jonathan Barratt, the Managing Director of Commodity Broking Services, told CNBC-TV18 says the Libyan situation highlights the growing concerns surrounding West Asia.
$100 Oil : Top Energy Trades
Feb. 23 2011 | Where to place your energy bets, with Paul Sankey, Deutsche Bank.
$100 Oil : Top Energy Trades
$100 Oil : Top Energy Trades
Tuesday, February 22, 2011
World oil prices soar amid Libya chaos
Oil prices have risen to their highest level for two years as Libya's Colonel Gaddafi defies a widespread uprising.
Saudi Oil Minister: We Will Protect Supply
Feb. 22 2011 | “The market knows that Saudi has a good chunky excess capacity and a record of using it when needed,” said Prince Abdulaziz bin Salman Al Saud, Saudi Arabia's deputy oil minister, to CNBC.
Oil Prices Surge As Libya Protests Mount
Oil prices soared to the highest level in more than two years as violence spread in Libya and Moammar Gadhafi's grip weakened over the country. (Feb. 22)
Spiking Oil Prices
Feb. 22 2011 | Oil higher as unrest continues, with Vince Farrell, Soleil Securities, and Michael Farr, Farr, Miller & Washington.
Monday, February 21, 2011
Oil Flows & the Middle East Crisis
Feb. 21 2011 | CNBC's Melissa Francis talks about the threat to oil production presented by the protests and violence in the Middle East, and particularly Libya, which provides about 1.1 million barrels/day.
BP CEO Bob Dudley on Libya
Feb. 21 2011 | BP CEO Bob Dudley discusses his company's recent deal with India's Reliance and how the company is coping with what's happening in Northern Africa and in Libya in particular and the Middle East, with CNBC's Rebecca Meehan.
Sunday, February 20, 2011
Abundance of Oil Supply Coming in: Expert
Feb. 20 2011 | Michael Langford, proprietary trader at StreamTrading.com, is positive on oil companies located on the West African coastline. He explains why and shares his outlook for oil supply in 2011, with Stephen Davies of Javelin Wealth Management and CNBC's Sri Jegarajah & Martin Soong.
Thursday, February 17, 2011
Wednesday, February 16, 2011
Middle East impact on the Oil Market
Feb. 15 2011 |More protests break out in the Middle East, this time in the oil producing countries like Bahrain and Iran. NBC's Richard Engel reports that tensions are continuing to rise with no end in sight.
Wednesday, February 9, 2011
Crude Oil Gains Moderating After Domestic Inventories Rise Less Than Expected
"Crude oil for March delivery is closing in on $88 a barrel after getting some lift from the latest report on domestic oil stockpiles, which rose less than expected for the week ended Feb. 4.
The Energy Information Administration reported a 1.9-million-barrel gain in crude inventories, short of the 2.4-million-barrel increase forecast by analysts polled by Platt's, which tracks oil markets.
Gasoline supplies also gained 4.7 million barrels for the week, topping analysts who were looking for a consensus gain of 3.1 million barrels. Distillates, which include heating oil and diesel, gained 300,000 barrels, while analysts were looking for a decline of 1.4 million barrels. Crude was already moving higher ahead of the report trading at around $87.23 a barrel on the New York Mercantile Exchange after a report that Saudi Arabian crude reserves might not be as ample as previously reported.
Crude gains are moderating since the EIA report was released, with light sweet crude up 36 cents at $87.30 a barrel on the NYMEX.
The United States Oil exchange traded fund (USO) is trading at $36.48, down 16 cents, or 0.44%.
The Energy Information Administration reported a 1.9-million-barrel gain in crude inventories, short of the 2.4-million-barrel increase forecast by analysts polled by Platt's, which tracks oil markets.
Gasoline supplies also gained 4.7 million barrels for the week, topping analysts who were looking for a consensus gain of 3.1 million barrels. Distillates, which include heating oil and diesel, gained 300,000 barrels, while analysts were looking for a decline of 1.4 million barrels. Crude was already moving higher ahead of the report trading at around $87.23 a barrel on the New York Mercantile Exchange after a report that Saudi Arabian crude reserves might not be as ample as previously reported.
Crude gains are moderating since the EIA report was released, with light sweet crude up 36 cents at $87.30 a barrel on the NYMEX.
The United States Oil exchange traded fund (USO) is trading at $36.48, down 16 cents, or 0.44%.
Tuesday, February 8, 2011
Saudi Arabia Oil Reserves May Be Overstated By 40%
Peak Oil is getting out, look up US peak discoveries of oil it happened in the 1930's then the US peaked in production in 1970 the world peaked in discoveries in 1960, look up Alaskan oil reserves downgraded by 90% 2010 .... Welcome to reality,
Monday, February 7, 2011
Outlook for Oil
What's Next for Oil ?
Feb. 7 2011 | "My belief is that prices will continue to rise gradually in line with demand," Neil Atkinson, director, energy research at Datamonitor said. "Supply is managed...the OPEC discipline is what matters," he said, so oil prices will rise despite excess capacity.
Feb. 7 2011 | "My belief is that prices will continue to rise gradually in line with demand," Neil Atkinson, director, energy research at Datamonitor said. "Supply is managed...the OPEC discipline is what matters," he said, so oil prices will rise despite excess capacity.
Friday, February 4, 2011
Oil High on Egypt Worry
NEW YORK (TheStreet) -- Oil trades higher ahead of the weekend as Egypt anxiety rises says Anthony Grisanti of GRZ Energy.Uncertainty is keeping energy prices inflated heading into the weekend I'm Eric Anthony -- you -- at the energy out. A lot of unrest in Egypt there's a lot of worry about it -- that we're gonna happen. You know radical person takeovers so it that -- feeding into the energy trade out.
Thursday, February 3, 2011
Oil Behind Russia Resurgence
Feb. 3 2011 | Assessing whether Russia is the way to play the crude comeback, with Tim Seymour, Emergingmoney.com
Wednesday, February 2, 2011
Playing Oil, HMOs
Feb. 2 2011 | Playing the 2011 top performers, with Omar Nokta, Dahlman Rose, and Joseph France, Gleacher & Company.Playing Oil, HMOs
Oil Prices to Hit $106 by Q2: Expert
Feb. 1 2011 | Michael Kurtz, head of regional strategy at Macquarie Securities, expects commodity prices to trend higher as the global recovery gains traction. He shares his outlook for the price of oil, with CNBC's Karen Tso and Bernard Lo.
Tuesday, February 1, 2011
Egypt Oil Threat: Crude Passes $100/Barrel
Crude oil price futures soar past $100 per barrel. Concerns are growing over possible interuptions in the passage of oil through the Suez Canal and Suez pipeline
Monday, January 31, 2011
Boone Pickens on Egypt & Oil
Jan. 30 2011 | Oil magnate T. Boone Pickens, BP Capital Management, discusses the impact of the Egyptian revolution on the price of oil around the world.
Sunday, January 30, 2011
Oil & the Suez Canal
Jan. 30 2011 | What the revolution in Egypt means to the transport of oil through the Suez Canal in light of violence at Port Said, near the canal's mouth, with John Hoffmeister, Former Shell Oil president/CEO, and CNBC's Simon Hobbs.
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