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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:…

Iran behind the Oil Price Hike

Iran behind the Oil Price Hike By MERLIN FLOWER for OIL-PRICE.NET, 2010/01/05 When oil prices were dropping after the Dubai crisis, Iran took it upon itself to save the price of oil. After all, Iran…

Sudan conflict and oil exploration

Sudan conflict and oil exploration By MERLIN FLOWER for OIL-PRICE.NET, 2010/02/04 It can't be disputed that the world needs more oil. The IEA has predicted that the global oil demand this year would be 86.3…

What is the lower bound of oil prices?

What is the lower bound of oil prices? By STEVE AUSTIN for OIL-PRICE.NET, 2013/05/29 We have written extensively about the drivers of oil prices to the upside: higher production costs, the lack of transcontinental pipeline…