demand Archive

  • frog

    Oil drops again, to $118.77 - by frog



    Oil fell through another $10 level yesterday, bringing much needed relief to all and sundry. So dependent are we on the black stuff that virtually no one and no human process can claim to be immune to the changes in price. Some are speculating that Tropical Storm Edouard, having missed the big oil producing areas [...] read more
    August 6, 2008 9:41 am - 14 Comments
  • frog

    Oil breaks another record on IEA statement and Iran - by frog



    Rumours of a dress rehearsal for an Israeli strike against Iran and European cash rate rises have been blamed for yesterday’s new record oil price. (US$145.85)  However, the International Energy Agency’s (IEA) statements earlier on Tuesday are the real peak oil news of the week and underpin the growing consensus that oil prices are not [...] read more
    July 4, 2008 9:39 am - 41 Comments
  • frog

    Oil breaks new records. Again. Is it a demand bubble? - by frog



    Oil touched a new high over night, but that wasn’t very exciting. What is interesting is the cacophony of voices trying to explain it. So, what will be the price of oil ten years from now? Any takers? A Bloomberg article a couple of weeks ago was full of explanations for the rise, from the [...] read more
    June 27, 2008 9:10 am - 58 Comments
  • frog

    The Record Falls – Jan ’08 is the new world record for crude oil (plus condensate) production - by frog



    Nate Hagens over at The Oil Drum says: The EIA’s newest International Petroleum Monthly shows World C+C production for January was 74,466,000 barrels per day, eclipsing the heretofore peak of May 2005 by 168,000 barrels per day. (thanks to Ron Patterson for the heads up and to Khebab for the quick graphics). Fig 1.- World [...] read more
    April 14, 2008 10:04 am - 10 Comments