Saturday, November 21st, 2009

Posts Tagged ‘ Oil Fields ’

Why Oil May Be Headed for $50

Jun 16th, 2008 | By Ian Davis | Category: Oil Investment & Alternative Energy

In 2000, investors thought the world was a “different” place. “You have to value Internet companies differently,” people would say. “Ignore the triple-digit P/E… That is an obsolete way to value a company.”



Indonesia Says ‘Goodbye OPEC, Hello Peak Oil’

Jun 4th, 2008 | By Doug Casey | Category: Emerging Markets

Last week, Indonesia’s Minister of Energy and Mineral Resources, Purnomo Yusgiantoro, announced that his nation would not renew its OPEC membership.



Billionaire Jumps In on Brazilian Oil Rush

May 27th, 2008 | By Contrarian Profits | Category: Featured, Financial News

Recent Brazilian oil discoveries have lead Brazil’s richest man, Eike Batista, to take his company OGX Petroleo e Gas Participacoes SA public in a $3.37bn share offering. This from Bloomberg:

Brazilian billionaire Eike Batista is planning a 5.59 billion real ($3.37 billion) initial public offering of OGX Petroleo e Gas Participacoes SA, betting the country’s recent oil finds will lure investors who snubbed 20 IPOs this year.



Crude Finally Pulls Back

May 23rd, 2008 | By Doug Casey | Category: Oil Investment & Alternative Energy

In the energy market Thursday, crude for July delivery pulled back after breaching the $135 level in overnight electronic trading, closing at $130.80/barrel, down $2.36. July reformulated gasoline dipped 7.03 cents, to $3.3297/gallon.



The Commodity Investor Q&A

May 14th, 2008 | By Matt Badiali | Category: Oil Investment & Alternative Energy

How long before Bakken has a real impact on the price of oil? The answer’s never, sorry. Here’s why…



Brazil Oil Discovery Could Reshape GeoPolitical Map

Apr 24th, 2008 | By Contrarian Profits | Category: Featured, Financial News

The recent discovery of two massive Brazilian oil fields may end the US’s reliance on Middle East crude.

According to Bloomberg:

Saudi Arabia’s influence as the biggest oil exporter would wane if the fields are as big as advertised, and China and India would become dominant buyers of Persian Gulf oil, said Peter Zeihan, vice president of analysis at Strategic Forecasting in Austin, Texas.



The U.S. Oil Supply — A Look At Our Future Oil Needs

Apr 2nd, 2008 | By Byron King | Category: Oil Investment & Alternative Energy

Oil Output and Supply… Let’s discuss the U.S. oil supply going forward. The U.S. presently consumes about 21 million barrels of oil per day. This is a mix of domestic output, much coming in small quantities from several hundred thousand old stripper wells, and imports.