You Are Being RedirectedThis blog has been moved to http://resourceadvisor.com/blog/. You will be redirected in a moment. If you are not redirected in 10 seconds, click here.

Posts Tagged ‘oil wells’

0 Jul 6 2012 @ 10:55am by Matt Smith in Crude Oil, Economy, energy consulting, Global Energy, Natural Gas

Burrito bites

I bid you all good day, and Happy Nonfarm Friday! Oil has had a decent rally in the last week on the temporary fix to the Euro debt crisis, a strike by Norwegian oil workers stymieing supply, and simmering Iranian tensions. However, interest rate cuts by the Eurozone and China and further stimulus from the Bank of England have served to scare rather than soothe markets, hence a tumbling end of the week for crude, aided by a(nother) poor US jobs report. As for natty, heat to the tune of el scorcho has propelled pricing through the key level of the 200-day moving average, although moderating weather through July may drag them back lower once again. Anyhoo, enough talk; grab your fork: » read more