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Tag Archives: price
Multiple reasons behind the oil price rise
Oil prices went up significantly last week. By MERLIN FLOWER for OIL-PRICE.NET, 2010/03/11 In the U.S. there is an over-supply of crude oil in the market, at present. Not that it definitely should but, obviously, the price of oil should … Continue reading
Iran behind the Oil Price Hike : Iran now has enough leverage to move the price of oil at will
By MERLIN FLOWER for OIL-PRICE.NET, 2010/01/05 When oil prices were dropping after the Dubai crisis, Iran took it upon itself to save the price of oil. After all, Iran has the third largest oil reserves in the world. But how … Continue reading
Loss of elasticity in the oil price.
Underinvestment in oil exploration causes lack of elasticity in oil supply and soaring oil prices. By STEVE AUSTIN for OIL-PRICE.NET, 2009/10/21 Crude oil prices have surged to year high recently, as the economy is showing its first signs of recovery.Mark … Continue reading
Light oil price trading near $76 on European debt concerns
Page added on May 12, 2010 Light crude oil futures open trading on Wednesday and dipped under $76 as the oil fell for a second day on continued concerns that the European bailout is insufficient to end the region’s sovereign … Continue reading