Crude oil forecast Search Results
High crude oil prices may soon be a thing of the past says Byron Wein- Vice Chairman of Blackstone Advisory Partners. Blackstone is the biggest private-equity firm in the world and has an estimated....
The International Energy Agency (IEA) has cut the global oil demand growth outlook for 2012. In its new monthly report, the agency forecasts that oil consumption will increase by 800,000 barrels pe....
If current trends continue, gasoline prices and U.S. energy policy seem destined to play a larger role in the political debate prior to the November elections than ever before.....
On Tuesday, Brazil's biggest private oil company had started production.....
China is the second largest importer of crude oil in the world.....
Washington loves free trade – if it produces a surplus for the U.S.....
Since 2005, global crude oil production has been bumping up against a ceiling around 74 million barrels a day.....
Oil imports from Kuwait fell to around 299,000bpd for the month....
Descending triangle pattern (green line) with a base around $98/barrel....
Double-top will not be confirmed until the swing bottom at $92.95 is violated....
Crude oil prices are facing strong resistance from the $103-$105 level. And even though fundamental factors are very bullish for oil prices, this resistance zone has thwarted any further advance fo....
Let’s start with the Arab Spring that’s already turned into the Arab Year. If Iran goes ballistic (no pun intended) and Iraq comes apart at the seams, it could turn into the Arab Decade....
MCX crude oil has crashed by more than 2.00% on Friday after prices broke through a critical support at Rs 5250. January month contract is down by 2.45% at Rs 5131 as of 03:00 PM IST....
Saudi Arabia is currently the world’s leading oil producer, containing approximately one-fifth of the world's proven oil reserves.....
Crude oil prices are now trading in what can be described as a confluence of technicals- a long term trendline, a strong support level and a short term downtrend line.....
Crude oil looks like a great low risk opportunity (a real “Christmas” present!) from Mr. Market. SCO would be the ETF for US based traders. HOD, which is listed on the TSX, is good for ....
Crude oil prices are all set to hit their highest levels since 1860, a research report by IHS Cambridge Energy Research Associates states. Brent crude prices are expected to average $111 in 2011, t....
Warning that the crude oil physical market will experience tightness, the Bahrain Petroleum Company (BAPCO) stated that they expect crude prices to peak by 2017-2021.....
The China-US race to secure crude oil supplies heats up yet another degree as Canada plans to ship its oil to the dragon nation. China is the world's second largest consumer of crude oil just behin....
JP Morgan has downgraded commodities to underweight citing economic uncertainty in Europe and the US in addition to a slowing Chinese economy. Crude oil price forecast have also been trimmed.....