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There will be no new refineries

There will be no new refineries By GIUSEPPE MARCONI for OIL-PRICE.NET, 2008/07/23 Oil companies won't be building more refineries, because there won't be enough oil left to refine by the time new refineries could pay…

Oil price and the $700B bailout

Oil price and the $700B bailout By STEVE AUSTIN for OIL-PRICE.NET, 2008/10/06 As the US house of representatives voted to increase the dollar supply by $700B, many are wondering what effect this will have on…

2008 oil recap. And what is next

2008 oil recap. And what is next By STEVE AUSTIN for OIL-PRICE.NET, 2009/01/05 It took only 5 months for the price of oil to plummet from $150 to under $40 in the second part of…

Search for Oil

Search for Oil By STEVE AUSTIN for OIL-PRICE.NET, 2009/10/08 Many of us are aware of the value of oil and very aware of the oil price rise. Oil drills and oil exploration float to mind…

China could displace US Dollar dominance

China could displace US Dollar dominance By MERLIN FLOWER for OIL-PRICE.NET, 2009/10/14 Last month Marconi's article here in oil-price.net broke the news of how China was building its crude oil reserves, completing 102 million storage…

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Loss of elasticity in the oil price.

Loss of elasticity in the oil price. By STEVE AUSTIN for OIL-PRICE.NET, 2009/10/21 Crude oil prices have surged to year high recently, as the economy is showing its first signs of recovery. Mark my words:…

Oil supply crunch and the world.

Oil supply crunch and the world. By MERLIN FLOWER for OIL-PRICE.NET, 2009/10/28 Then the common man's dream saw result-oil prices marched downwards. So, there ought to have been celebration everywhere, only the euphoria was missing.…