2012 Oil Market Outlook
Iran’s saber-rattling in the Persian Gulf kicks off what could be a volatile year for oil markets.
Iran’s saber-rattling in the Persian Gulf kicks off what could be a volatile year for oil markets.
Bloomberg reported that improving economic information caused oil prices to rise.
Bloomberg reported that a decline in inventories pushed oil futures up for the third consecutive day.
MarketWatch reported that oil prices were up following news of a strengthening economy.
Bloomberg reported that oil prices rallied from a two-week low as US stockpiles were depleted.
Bloomberg reported that excitement about potential increased energy demand pushed oil prices up.
Nunavut is bound to have some piece of the estimated 160 billion barrels of crude oil believed to be locked up in the Arctic – the challenge is finding it.
Bloomberg reported that concerns over weaker fuel demand caused crude oil prices to drop.
Although overshadowed by the Alberta oil sands, offshore drilling on Canada’s east coast holds some interesting prospects.
The Street reports that crude oil is in corrective recovery and is expected to stay there for the short-term.
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