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Dominique de Kevelioc de Bailleul: Speaking with the Wall Street Journal on Friday, commodities trader Jim Rogers of Rogers Holdings said riots such as the ones witnessed in Greece and reported as widespread in China will hit the United States and again in Europe as the next leg down in the financial crisis takes Read more…
Joseph L. Shaefer: Wouldn’t it be nice if we didn’t need to rely upon those dreadful fossil fuels like coal, oil, and natural gas? If only we could be warmed in winter by the gentle rays of the sun and cooled in summer by harnessing that sun to power our air conditioners. If only we could employ the gentle breezes Read more…
EconMatters: Oil futures (NYSEArca:USO) spiked more than 2% in one day to their highest level in nine months on Tuesday Feb. 21. WTI front month contract closed at $105.84, while Brent ended at $121.66 on ICE, primarily on investors fear of potential conflict over the escalating tensions between the Read more…
Jason Simpkins: 2011 was an up-and-down year for oil prices (NYSEARCA:USO), but don’t expect that pattern to repeat in 2012. No, next year, the trajectory for oil prices will be far more linear – and it’s pointed up. In fact, we could even see $150 oil by mid-summer. Read more…
Even while gold (NYSE:GLD), silver (NYSE:SLV), and platinum steal most of the headlines, there are stealth bull markets advancing in other precious metals. Read more…
Keith Fitz-Gerald: Oil prices, like stocks, took a few big hits last week. West Texas Intermediate crude last week dropped below $80 a barrel before bouncing back up to $87 a barrel this week. Meanwhile, Brent crude fell to a six-month low below $100 a barrel before climbing back to $110 a barrel this Read more…
Kevin Kerr: The sudden announcement last week that the International Energy Agency (IEA) would release strategic oil supplies onto the world markets caused a significant selloff. And crude oil (NYSE:USO) prices dropped around $9 in about two days. Read more…
Peter Krauth: If you think oil prices are too high now – at $100 a barrel – it’s time to adjust your thinking. Truth be told, I don’t think we’ll see sub-$100-a-barrel oil ever again. Read more…
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