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Oil Market Speculation Limit, Energy Production 2012 Less
Limiting speculation in oil markets 2012 will lead to less energy production, fewer jobs and increased prices for consumers. Proposed trading limits on oil speculators such as big banks and hedge funds would lead to fewer opportunities for energy producers and consumers to mange risk. In turn, that would lead to fewer investments from energy [...]
Thursday, March 29th, 2012Crude Oil Futures Prices 2012 Rose Support Oil Supply Midle East
Crude oil prices futures 2012 rose Monday to their highest in nearly five weeks after the Greek government passed an austerity program and on concerns about oil supplies amid tensions in the Middle East. Oil futures also got support from a weaker U.S. dollar, with the ICE dollar index DXY +0.03% trading at 78.896, down [...]
Tuesday, February 14th, 2012US Short Term Energy Outlook
Energy outlook, EIA expects the U.S. average refiner acquisition cost of crude oil to remain relatively flat, averaging about $100 per barrel in 2011 and 2012. The value of West Texas Intermediate (WTI) benchmark crude oil was about $11 per barrel below the U.S. refiner acquisition cost of crude oil in the third quarter of [...]
Wednesday, November 30th, 2011