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Oil Price Forecast News
BlackRock energy specialist urges long-term view after oil dips below $50
Robin Batchelor says the long-term oil story remains strong. Last week, the International Energy Agency (IEA) slashed its oil price forecast for 2009 from $110 a barrel to $80 and said September?s oil demand in the US fell5.7% compared to same time
Oil Prices and Venezuela's Economy
Sachs . 2008. 'Price Actions, Volatilities and Forecasts.' Energy Weekly. October 24. Goldstein, Steve. 2008. 'Merrill Lynch Cuts 2009 Oil Price Forecast.' MarketWatch. October 2. IMF (International Monetary Fund). 2008. 'World Economic Outlook
Exxon Mobil earns record profit; future unclear (San Francisco Chronicle)
Another quarter and another record U.S. profit for Exxon Mobil. Yet even as earnings surged for major producers, there were signs that Big Oil's run may be coming to an end. Need proof? Shares of Exxon Mobil, the world's largest publicly traded oil company,...
Complacency about low gas prices is a problem - San Francisco Gate
Friday, November 21, 2008 Since early July, as oil prices approached $147 a barrel, the impact of such absurdly high prices, combined with an approaching recession, finally provoked a sharp drop in oil demand and a major decline in oil prices. Since ...
? Oil Prices Fal, OPEC Dampens Output
signals a worsening of global demand for oil. On Thursday, the International Energy Agency (IEA) slashed its 2009 oil price forecast to 80 dollars from 110 dollars, saying imminent recession was strangling demand in rich countries and crimping emerging
Iran says it will support OPEC production cut
continues to remain below 70 dollars a barrel. The International Energy Agency (IEA) on Thursday slashed its 2009 oil price forecast to 80 dollars from 110 dollars
Oil recession may get even more crude - Financial Express
It was being forecasted till only a few months ago that crude oil would sell for 200 dollars per barrel, but the same has now come crashing down to one-fifth of that level! Having seen the crude prices slip from its peak of over 147 dollars a barrel ...
Exxon Mobil posts biggest US quarterly profit ever (AP via Yahoo! Malaysia News)
Another quarter and more record U.S. profits for Exxon Mobil.
EIA cites stagnation, cuts oil price forecast
In October the 2009 West Texas intermediate crude oil price was projected to average $112 a barrel - in November that number was dropped to $63.50, just above half of the October projection. That's how much the world changed in a few weeks in the view of
Oil Could Hit $35/Bbl Without Major OPEC Cuts
futures recently traded at $49.49 a barrel on the New York Mercantile Exchange. JPMorgan lowered its 2009 oil price forecast to $69 a barrel, from a $74.75 prediction in October. The bank now expects global oil demand to contract by 527,000 barrels a day
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More Results For Oil Price Forecast
| Goldman Sachs cuts forecast for oil prices - International Herald ... http://www.iht.com/articles/2008/10/13/business/13oil.php Goldman Sachs cuts forecast for oil prices ... SINGAPORE: Goldman Sachs, one of the foremost bulls on commodities, turned a near-term bear on Monday after conceding that global ... Mon, 13 Oct 2008 00:59:00 GMT |
| Goldman raises oil price forecast by 32% to $141 a barrel ... http://www.marketwatch.com/news/story/goldman-raises-oil-price-forecast/story.aspx?guid=%7B5A9CCAD1%2D11E1%2D44B9%2DA9AB%2D7FF6F32EA571%7D LONDON (MarketWatch) -- Goldman Sachs on Friday raised its forecast for the average price of West Texas Intermediate oil in the second half of 2008 by 32% to $141 a barrel from ... Wed, 12 Nov 2008 18:53:00 GMT |
| Crude Oil Price Forecast http://www.forecasts.org/oil.htm Crude Oil Price Forecast for the Next Six Months ... Crude Oil Price Forecast West Texas Intermediate Spot Price. USD/bbl. Average of Month. Sun, 09 Nov 2008 04:16:00 GMT |
| Crude Oil Price Forecast http://www.oil-price.net/index.php?lang=en Latest crude oil prices and chart. Get free crude oil prices, oil commodity charts and forecast. Get 24/7 realtime price of crude oil. Wed, 12 Nov 2008 09:06:00 GMT |
| U.S. Cuts Oil Price Forecast 43% on Demand Outlook (Update2) http://www.bloomberg.com/apps/news?pid=20601103&sid=aFkD7ZXXhhiU&refer=us Nov. 12 (Bloomberg) -- The U.S. government reduced its forecast for oil prices next year by 43 percent as the economic slowdown cuts energy demand. West Texas Intermediate crude ... Wed, 12 Nov 2008 23:33:00 GMT |
| Take a break: Find a good http://www.oil-gasoline.com/ The world's most popular site for original-content anaylses of crude oil and refined product supply, demand and prices. Tue, 18 Nov 2008 08:52:00 GMT |
| Oilcrash.com: EIA/DOE Oil Price Forecast http://www.oilcrash.com/articles/cooke_03.htm The following excerpt is from the Annual Energy Outlook for 2004 published by the Energy Information Administration (EIA) of the United States Department of Energy (DOE). Tue, 26 Aug 2008 21:52:00 GMT |
| VOA News - Oil Prices Forecast to Reverse from Current Lows http://www.voanews.com/english/2008-11-12-voa40.cfm International Energy Agency predicts prices will climb substantially over next 20 years ... The International Energy Agency predicts oil prices will climb substantially over the ... Wed, 19 Nov 2008 03:29:00 GMT |
| Forecast for oil price slashed by IEA http://www.independent.co.uk/news/business/news/forecast-for-oil-price-slashed-by-iea-1017967.html Brown borrowing could destroy sterling, Osborne warns Housing market 'far worse' than figures suggest Eurozone enters recession Simon Calder: Sums no longer add up for Britons ... Fri, 14 Nov 2008 06:26:00 GMT |
| IEA doubles forecast for oil price by 2030 http://www.mrswing.com/articles/IEA_doubles_forecast_for_oil_price_by.html IEA doubles forecast for oil price by 2030. Swing Trading like a Pro - Swing trading, day trading free education/newsletters/technical analysis for the swing-day trader.Day trading ... Mon, 17 Nov 2008 03:31:00 GMT |
| Merrill Lynch cuts 2009 oil price forecast - MarketWatch http://www.marketwatch.com/news/story/merrill-lynch-cuts-2009-oil/story.aspx?guid=%7B13EDF574%2DBE5D%2D4CD8%2DA80F%2D3D5A09A7F8E5%7D LONDON (MarketWatch) -- Merrill Lynch cut its 2009 oil price forecast to $90 a barrel from $107 a barrel and warned that a synchronous global recession could bring oil prices to ... Wed, 12 Nov 2008 17:06:00 GMT |
| Oil prices may be lower than previously forecast - EIA - Aug. 12, 2008 http://money.cnn.com/2008/08/12/news/economy/EIA_energy_outlook/ Oil prices next year could be lower than previously expected as recent trends suggest that supply and demand are coming into balance, according to a government report released ... Wed, 19 Nov 2008 04:26:00 GMT |
| Russia halves oil price forecast - UPI.com http://www.upi.com/Energy_Resources/2008/11/12/Russia_halves_oil_price_forecast/UPI-94451226532125/ The Russian finance minister said Wednesday Russia had nearly halved its oil price forecast for the next three years based on current economic conditions. Tue, 18 Nov 2008 04:34:00 GMT |
| EIA - Short-Term Energy Outlook http://www.eia.doe.gov/emeu/steo/pub/contents.html ... expenditures results from a 19-percent increase in prices and a decline in consumption of 2 percent due to the forecast of slightly warmer weather than last winter. Heating Oil. ... Fri, 17 Oct 2008 18:27:00 GMT |
| Answer Desk’s DIY oil price forecast - Answer desk- msnbc.com http://www.msnbc.msn.com/id/18011209/ Last week’s seizure and release of 15 British soldiers by Iran sent oil prices on a tear. That got Bill in Pennsylvania wondering: When will oil prices stop going up? Beats us. Sun, 16 Nov 2008 08:33:00 GMT |
| Boone Pickens revises oil price forecast http://www.enermaxinc.com/boone-pickens-revises-oil-price-forecast/ Boone Pickens, famous for making his fortune by investing in oil, has rescinded his assertion that the near-term price of oil will fall. Tue, 04 Nov 2008 16:25:00 GMT |
| Weekly Updated Oil Price Forecast: 9 November 2008 | Gregor.us http://gregor.us/uncategorized/weekly-updated-oil-price-forecast-9-november-2008/ Each week I give a price projection for the average price of oil over the next 90 days. In last week's post, I suggested that oil was still beset by so many Wed, 19 Nov 2008 21:23:00 GMT |
| Goldman raises 2008 oil price forecast to $117.40 - Yahoo! News http://news.yahoo.com/s/nm/20080619/bs_nm/oil_goldman_dc_1 Goldman Sachs on Thursday raised its 2008 average Brent crude oil price forecast to $117.40 a barrel from a $108 due to tight supplies. Fri, 18 Jul 2008 10:21:00 GMT |
| Citigroup Lowers Oil-Price Forecast, Cuts Targets for Producers http://www.bloomberg.com/apps/news?pid=20601072&sid=aa8goXpsFl3c&refer=energy Nov. 13 (Bloomberg) -- Citigroup Inc. cut its forecast for crude oil prices for the second time in six weeks, triggering an average 10 percent reduction in the bank's share-price ... Thu, 13 Nov 2008 16:22:00 GMT |
| Oil Prices Forecast to Reverse from Current Lows http://news.tradingcharts.com/futures/7/8/116441087.html Futures and Commodity Market News: Mon Nov 17, 2008. Breaking financial news 24/7 courtesy of TradingCharts.com Inc. / TFC Commodity Charts Tue, 18 Nov 2008 04:20:00 GMT |