Remarkably, oil prices have been demonstrating a strong downward trend in recent weeks. Dropping from highs of $145 a barrel, to close to $110 (either for the light, sweet crude or Brent).
It’s a fair old drop, but all eyes will be on it’s progress as we move towards the Autumn and Winter.
The obvious question [...]
Posts Tagged as ‘crude oil’
August 12, 2008
Falling oil
June 20, 2008
Jeddah oil summit
The OPEC meeting on Sunday 22nd June is being hosted by Saudi Arabia in the city of Jeddah (located on the coast of the Red Sea).
With Saudi Arabia being the world’s top oil exporter and OPEC’s most influential member (accounting for around 30% of total oil production), it makes absolute sense (in many ways) for [...]
June 10, 2008
Where are the price rise predictions taking us?
Following another flurry of energy price rise predictions over the weekend, this time from Joe Malinowski of TheEnergyShop, consumers are going to either be feeling a lot of trepidation or a little bit of price rise fatigue. The Times The Daily Express The Guardian
Ostensibly Joe has said:
a) Wholesale gas prices are now above the current [...]
