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oil prices Articles
ThinkstockIt just seemed that military strikes by the United States and its allies in Syria were either going to be on hold or delayed. That was then sentiment after the long Labor Day weekend. That...
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ThinkstockWith the increasing likelihood of a U.S.-led military intervention in Syria, the oil markets have become volatile. Brent prices rose to as high as $117 a barrel last week. The price...
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thinkstockThe United Kingdom has decided to refrain from an attack on Syria, although the United States may go it alone (or perhaps with France.) Obama has agreed to pass the decision to Congress...
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ThinkstockThe Syrian crisis drove oil prices to $111 a barrel. The crisis may well be worse if the U.S. strikes government installations there with drones. If Bashar al-Assad’s government reacts...
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ThinkstockSyria’s oil reserves rank 35th in the world. However, the anxiety index among oil traders ignores that, almost certainly because of worry that the conflict in Syria will spill over to its...
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ThinkstockHalliburton Co. (NYSE: HAL) is becoming the king of stock buyback, at least for this week. The oil services giant has announced its preliminary results of the prior modified Dutch auction...
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ThinkstockThe point at which both consumers and experts start to panic about gasoline prices is when they top the psychological and economic barrier of $4 a gallon. A price of $3.99 is not nearly as...
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ThinkstockThe 2012 State of the Climate report released by the American Meteorological Society (AMS) indicates that “Conditions in the Arctic were a major story of 2012.” Ice in the region is...
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ThinkstockExxon Mobil Corp. (NYSE: XOM) posted nothing short of a seriously dismal earnings report. By now we all know that sending oil to $100, $120 or $140 does not translate automatically to...
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ThinkstockThe rising price of crude probably already has done some damage to the economy. And in the future it is certain to do more. The costs of gas and heating oil will rise for consumers. For...
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ThinkstockU.S. gasoline prices have fluctuated between $3.40 and $3.60 for the past few months. As of Tuesday, the average fuel price nationwide was $3.63 per gallon, up from $3.48 per gallon a week...
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ThinkstockUntil the advent of the fracking revolution, the glory days of the Permian Basin in West Texas were thought to be long over. Oil and gas companies had gone out of business, and the heady...
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ThinkstockMost of the focus on the rise in gas prices, caused by the surge in oil prices, has been the effect of the march toward $4 a gallon. The focus is misplaced, at least to the extent that in...
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ThinkstockThe recent spike in the price of oil shows how quickly day-to-day worries about supply make longer-term supply issues academic. After months of comments and analysis about how shale and...
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ThinkstockMiddle East instability has long been the geopolitical trigger for oil pricing. As tensions continue to rise in Egypt, West Texas Intermediate (WTI) has soared over the $103 level and the...
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