Eric Chaney and Richard Berner of Morgan Stanley pose this question: Why haven’t oil prices fallen more in recent months? Most forecasts made late in 2004 for oil prices had…

The price of oil is at an all-time high in nominal terms today: over $44 per barrel. Part of the reason for today’s increase in oil prices can be found…

…be concerned about: Peak oil: the possibility that oil prices will rise, and because of this production will fall in a rounded curve. Substitutes that are possible because of high…

…the oil producing world in a cartel. Out of this, Jersey Standard got Saudi Arabia, although at the time oil had not been discovered there. It would be in 1938…

Trump Drops The Other Iran Oil Shoe US SecState Pompeo announced early today that the waivers granted to 8 nations allowing them to continue to import oil from Iran will…

…use MidEast oil up sooner. Bloomberg Points: “The oil industry has been on edge for months with onshore and offshore storage capacity levels tested worldwide due to ballooning oil inventories…

…problem with drilling in the Galisteo Basin is soil and water pollution. Tecton, the Texas company drilling in the basin, claims to have new, cleaner technologies. But oil and gas…

…keeps putting pressure on the Saudi-led cartel. Pump, pump, pump pump it up! is what American oil producers have been saying for five years straight, since a prodigious increase in crude oil…

…factors like OPEC+ production decisions and global demand fluctuations. U.S. Crude Oil Stockpiles Fall Less Than Expected, WSJ – Anthony Harrup U.S. oil inventories fell by 1.2 million barrels last…

…diesel, LPG, and jet fuel, but not crude oil or certain heavier petroleum products, like residual fuel oil. The terms clean and dirty distinguish between products that must be carried on different classes of…