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By Edward Tapamor |
September 28, 2008
It does not look like any short term boost to the oil price from a possible bail out by thye U.S. taxpayer is going to have any long term effect on the oil price. But any major collapse in the price also looks unlikely.
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By Edward Tapamor |
September 20, 2008
We like to predict prices in this column but little could have saved us from the deluge of bad news we have had this week. We were wrong, shout it from the rooftops. But not for too long.
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By Edward Tapamor |
August 22, 2008
The oil markets have been "slumping" according to the mass media. It hardly seems worth mentioning but to call $113 a "slump" seems to be flying in the face of reason...just ask OPEC.
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By Edward Tapamor |
August 17, 2008
Imagine if the U.S. and Russia had been fighting a proxy war in the state of Georgia two months ago? What would the price of oil have hit? Now no one seems to care...
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By Edward Tapamor |
August 8, 2008
You would be forgiven from thinking geo-politics are not important in the price of oil. Pipeline explosions, wars, more pipeline explosions and weak output from the majors are all ignored as oil swings low.
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By Edward Tapamor |
July 25, 2008
Do not see oil as a one way bet. The $20 fall in the last three weeks is only part of a five year upward trend. What's more worrying are the factors influencing the roller coaster ride we are all witnessing.
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By Edward Tapamor |
July 20, 2008
With little notice relations between Iran and the US are suddenly changing, or so we are told. The effect on the price of a barrel of oil has been unquestionable, but how much lower can it go?
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By Edward Tapamor |
July 6, 2008
There is little to stop the price of crude oil getting higher and we reiterate our guidance for $155 per barrel by August, with a potential upside of $175 per barrel by the end of September.
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By Edward Tapamor |
June 27, 2008
Just as we thought, the meeting in Jeddah did not manage to force down the price of oil, in fact the reverse happened. We are looking at $155 per barrel later in the summer with a possible upside of $175 per barrel by late August.
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By Edward Tapamor |
June 20, 2008
In the run up to the meeting of producers and consumers in Saudi Arabia the markets are treading water. But come next week anything could happen.