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CNN: Oil won’t return to triple digits

I came across an interesting article today on CNNMoney.com. The author was explaining why she doesn’t believe the oil prices aren’t going to rise to triple digits for the time being. It’s an interesting article indeed, with economic and stock analysis. My question is: when was the last time the oil industry behaved within the [...]

August 19th, 2009 Read more »

IMF Suggests $100-Barrel Oil

As today marks the lowest oil prices recorded in 22 months, the IMF came out with some reports suggesting that next year we could expect $100-barrel of oil again. I’m sure smart people analyzed all the trends of supply and demand for the coming months and I don’t see the reason doubt IMF’s prediction. As [...]

November 18th, 2008 Read more » ,