Descension In the Tanks: Oil Prices Plunge
Oil prices plunged down today to $47 before settling at $47.25. The prices for light sweet crude as OPEC regains…
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Tag: OPEC
OPEC VS. Bottleneck
Oil futures traded up at midday on Tuesday even though U.S. inventories are expected to have increased in the weekly…
Light Sweet Crude Continues To Drop
Light sweet crude started dropping on Monday morning dropping below the $48 mark more than once and going as low…
Oil Prices Sit While OPEC Ponders Production Levels
Light sweet crude prices climb almost to the $53 mark up 67 cents at $52.70 this morning. Meanwhile OPEC leaders…
Crude Oil Shoots to $52 a Barrel and Still Climbing
Light sweet crude prices continue to climb hitting $52.30 a barrel in midday trading amid speculation OPEC won't be able…
Oil Prices Continue to Drop
Oil prices continued to drop in early morning trading in markets this morning after reassuring words from Saudi Crown Prince…
OPEC Ups Production as Oil Prices Sit
OPEC announced a kick up in oil production yesterday as oil prices hover around $51 a barrel. The 500,000 bpd…
Relief May Be In Sight for Rising Fuel Costs
World leaders continue to harass OPEC to cuts costs and increase production on crude oil as the price of crude…
Oil Continues to Climb
With OPEC to discuss a second increase in output, oil prices have jumped to over $58 a barrel.
Oil Jumps Over $58 With OPEC Set to Discuss Output Increase
OPEC will be discussing a second increase in output which has caused oil prices to jump to over $58 a…
