Oil’s trading at around $130 today, reader. That’s a 12% decrease since the high posted on July 11th. It seems more and more that oil is the architect behind a turnaround in share prices and economic forecasts. The bulls may be coming out of hibernation. But our focus today is oil itself. That’s where the market is focusing. Oil’s what equity traders are looking at.
July 23rd, 2008 | Gabriel Andre | 0 comments | ContinuedAll Posts Tagged With: "crude oil"
Peak Oil, Peak Food and Peak Everything Else
In the past year, we have seen the oil and agriculture markets explode. And this could be just the beginning of the rally, not the end, as some would have you believe. Personally, I think we are about halfway to the new top for many commodities. That means $200 oil (easily) and gold at $1,500-2,000. The agriculture markets have even further to go, in my opinion.
June 4th, 2008 | Kevin Kerr | 6 comments | Continued
Where Will Future Oil Production Come From and How Can Investors Profit Today? Part 2
To answer those questions we turn to a report published in late March by UBS energy analyst Jon Rigby and his team in London. Their incredibly useful report is called, “Will there be enough production capacity?” UBS has been battered by its huge sub-prime related losses. But their work on where future oil production will actually come from nearly redeems them…
May 23rd, 2008 | Dan Denning | 2 comments | Continued
