BarrelOfOil


Kuwaiti Oil Minister reportedly says OPEC won't increase production until prices hit $100/barrel

America might get most of its oil from Canada, but the moves that OPEC makes still reverberate here. Thus, a statement by the Kuwaiti Oil Minister Sheikh Ahmed al-Abdullah al-Sabah to reporters yesterday probably won't help decrease domestic gasoline prices any time soon. OPEC's al-Sabah said that the organization will not consider increasing production until the price of a barrel of oil reaches $100. Currently, the price is around $70 a barrel – up almost 60% this year – but way, way down compared to the highs of 2008. Oh, and ... Read more →

Oil back below $88 on Monday Chris Shunk

Simply put, the U.S. economy is in the crapper. Stocks are yoyoing and our mortgages are a fraction of what they were even a year ago. For all that's fiscally wrong here in the States, there is one ...

One dude caused oil to hit $100/barrel Jonathon Ramsey

It was reported here yesterday that the price of a barrel of oil hit $100 for the first time ever. What actually happened was that one guy bought oil slightly above market price just so he could say ...

Oil hits $100 a barrel for first time ever John Neff

I'm not an investor nor into playing the markets, but I'm staring at a graph right now showing that the price of a barrel of crude oil on the New York Merchantile Index hit $100 shortly after noon ...

Kuwaiti Oil Minister reportedly says OPEC won't increase production until prices hit $100/barrel 5 months ago on Autoblog

America might get most of its oil from Canada, but the moves that OPEC makes still reverberate here. Thus, a statement by the Kuwaiti Oil Minister Sheikh Ahmed al-Abdullah al-Sabah to reporters yesterday probably won't help decrease domestic gasoline prices any time soon. OPEC's al-Sabah said that ...

Oil back below $88 on Monday 1 year ago on Autoblog

Simply put, the U.S. economy is in the crapper. Stocks are yoyoing and our mortgages are a fraction of what they were even a year ago. For all that's fiscally wrong here in the States, there is one pleasant side effect: the price of a barrel of oil is dropping faster than Kimbo Slice against a two ...

One dude caused oil to hit $100/barrel 1 year ago on Autoblog

It was reported here yesterday that the price of a barrel of oil hit $100 for the first time ever. What actually happened was that one guy bought oil slightly above market price just so he could say "I was the first schmuck to buy oil at $100 a barrel!" The trader hasn't been identified, but after ...

Oil hits $100 a barrel for first time ever 1 year ago on Autoblog

I'm not an investor nor into playing the markets, but I'm staring at a graph right now showing that the price of a barrel of crude oil on the New York Merchantile Index hit $100 shortly after noon EST today, and even I know that's kind of a big thing. This is for the price of crude oil futures for ...






Autoblog Podcast #151: With Car and Driver's Eddie Alterman

Eddie Alterman wades in with Sam, Chris, Dan, and Jonny to talk about SEMA and other recent events.

 
 

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