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By Darrell Delamaide, Oilprice.com |
June 15, 2010
The end-of-week decline showed how feeble the rally was and how sensitive oil prices remain to economic news.
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By Darrell Delamaide, Oilprice.com |
June 7, 2010
The continued failure of BP's efforts to stop the Gulf oil spill and mounting political pressure are putting the very future of the British-based oil giant in question.
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By Oilprice.com |
May 5, 2010
Deepwater Horizon might be for the offshore oil industry what the 1979 accident at the Three Mile Island nuclear power plant was for the nuclear industry.
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By Oilprice.com |
May 2, 2010
Stubbornly high crude oil inventories continued to stymie bulls through the middle of the week, but the market seized on positive economic data to push prices higher toward the end of the week.
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By Oilprice.com |
April 26, 2010
After languishing most of the week, crude oil prices galloped to the finish line on Friday
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By Darrell Delamaide, Oilprice.com |
March 6, 2010
Jobs data indicating that U.S. economic recovery might be picking up steam finally pushed crude oil futures decisively over the stubborn $80 a barrel threshold.
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By Darrell Delamaide, Oilprice.com |
March 1, 2010
Crude oil broke through the $80 a barrel ceiling repeatedly last week, but kept falling back as hedge funds placed big bets on the euro's decline.
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By Darrell Delamaide, Oilprice.com |
February 6, 2010
After starting the week on a firmer note, oil prices fell sharply toward the end of the week in a general market sell-off as investors sought the dollar as a safe haven.
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By Darrell Delamaide |
January 29, 2010
Crude oil futures slipped below $73 a barrel for West Texas Intermediate late Friday as a temporary boost from strong GDP figures failed to last and let prices sink to a one-month low.
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By Darrell Delamaide |
January 24, 2010
New measures by Chinese authorities to curb bank lending reversed a rally in energy prices early in the week, bringing West Texas Intermediate futures down more than 4%.
