I think everyone’s wallet should have convinced them by now that the days of cheap oil are over. Compared to the end of cheap oil, “peak oil,” or the moment when worldwide production hits its peak, is irrelevant, at least from an economic standpoint. What we really care about is how much we’re paying [...]
The BSE Sensex stayed higher with more than 100 points gains led by 27 components while the NSE Nifty too held the 5000 level quite nicely. Index heavyweights Reliance Industries, State Bank of India and Larsen & Toubro were helping the market. The BSE benchmark moved up 131.46 points or 0.8% to 16,611.04 and [...]
As the center of gravity in the global refining industry shifts away from American consumers to rapidly growing emerging markets, oil and gas companies face major implications. Sales in the US, once a key driver for global crude oil prices, have weakened in the sluggish economy and may not recover to previous [...]
SINGAPORE: Brent crude held steady above $ 113 on Thursday, as news that Greece will receive its latest debt bailout payment eased concerns that Europe’s woes could affect oil demand. But gains were kept in check by signs of rising US crude inventories, although this was tempered by falling refined fuel stocks at the world’s [...]
Between March 2001 and April 2012, the price of gold never fell for 3 months in succession. “Two months max”made for a great sloga…
In trading on Tuesday, shares of Occidental Petroleum Corp (NYSE: OXY) crossed above their 200 day moving average of $92.85, changing hands as high as $93.09 per share. Occidental Petroleum Corp shares …
FINDLAY, Ohio, May 1, 2012 – Marathon Petroleum Corporation (MPC) announced today that while it continues to evaluate strategic alternatives to enhance shareholder value with respect to certain midstream assets, MPC`s board of directors has authoriz…
BP Logo (Photo credit: Wikipedia)
British oil major BP will come out with its Q1 earnings on Tuesday. We expect the company to post …
As the center of gravity in the global refining industry shifts away from American consumers to rapidly growing emerging markets, oil and gas companies face major implications. Sales in the US, once a ke…
As the center of gravity in the global refining industry shifts away from American consumers to rapidly growing emerging markets, oil and gas companies face major implications. Sales in the US, once a ke…
Gerald Celente’s Global Economic Forecast Outlook on The Alex Jones Show 2/4
Jim Rogers – CapitalAccount – 03 Feb 2012
Peter Schiff on Goldseekradio.com 20 Dec 2009
UFO AND ALIENS ARE REAL SAYS FORMER CANADIAN HEAD OF DEFENCE
UFO AND ALIENS ARE REAL SAYS FORMER CANADIAN HEAD OF DEFENCE
Markets Setup For Major Move Later This Week
