After the big hype over the crude oil price yesterday, it seems that the speculations continue and the crude oil price still on the rise as hedge funds continue to bet that Ben Bernanke will call into effect the quantitative…
News for the week on crude oil and natural gas -November 1
Main News This week and the month of November started with a price boom of the main energy commodities in particular crude oil prices as I will present herein. Furthermore, this week there is also the quantitative easing decision to…
The path to a low CO2 emission world
There is an interesting post made by Professor Jeffrey D. Sachs, on Project Syndicate who suggests away to deal with the long adverse effects caused by burning crude oil and coal that emits CO2 and contribute to the greenhouse effects.…
Weekly recap for the week ending at 31st of October – Crude oil prices
Here is a weekly recap of the main changes that occurred vis-à-vis to the change of crude oil price and a short crude oil price analysis of main changes for the week ending at October 31st: Main News The third quarter of…
China’s coal dependency – 30th of October
I found an interesting article in Scientific American, which is a part of a book written by Jonathan Watts – When a Billion Chinese Jump: How China Will Save Mankind–or Destroy It. The article describes a gut wrenching experience of…
Crude oil and natural gas prices update for 29th of October
Today, October 29th, the crude oil price dropped a bit below the 82 mark. The market still seems to be stable and for the near future, i.e. next week, it will become apparent if and how the Fed Reserve meeting…