All Posts Tagged With: "George Blake"
OPEC: No Increase in Production
The oil market is supplied with enough crude.
This is the view of the group’s secretary-general, Abdullah al-Badri, expressed on Saturday during a visit to Iran.
“Oil supply to the market is enough and high oil prices are not due to a shortage of crude but rather it is because of the decrease in the dollar’s value, shortage of refinery capacity and some political tensions in the world,” said a-Badri, according to the Iranian state news agency.
Could Oil Hit $160 a Barrel – Next Week?
The oil price could hit $160 a barrel as soon as next week. At least, that’s what ‘Zapata’ George Blake, the Texan oil analyst, reckons.‘Zapata’ George has a habit of making bold calls that often seem to be proved right.
Latest News
- Bullish Signals for Macmahon Holdings Limited (ASX:MAH)2:36pm CDT
- How the Persian Gulf Will Drive the Next Big Agricultural Boom12:15pm CDT
- The 4 Best Securities to Hold in the Coming Global Recession11:43am CDT
- Charles Delvalle Says Get Ready for Deflation in Asset Prices11:01am CDT
- Global Investing Roundups Friday, August 29th, 20089:50am CDT
- Can We Take Yesterday’s GDP Figures at Face Value?7:38am CDT
- Bond King Bill Gross Wants Obama to Up the Deficit to $1 Trillion6:44am CDT
- ‘Resource Nationalism’ Threatens the Future Availability of Oil5:21am CDT
- Two Reverse ETFs Are Making a Killing in This Bear Market4:27am CDT
- Base Metals Move Higher10:49pm CDT
- Crude Pushes Higher as Gustav Threatens Gulf10:46pm CDT
- Dollar Drops10:42pm CDT
- Precious Metals Uncertain10:38pm CDT
- FDIC Braces for More Bank Failures, Expands Offices4:32pm CDT
- Global Investing Roundups Thursday, August 28th, 20083:16pm CDT
- Dow’s (DJI) Earnings Slump Will Lead to More Inflationary Policies3:10pm CDT
- Chrysler Considers Sale of Gas-Guzzling Viper1:10pm CDT
- Look Deeper Into Housing Numbers And You Will See A Different Picture1:04pm CDT
- Bank Failures Could Mean 79% Gains on XLF December 20 Puts9:32am CDT