IEA Cuts Oil Outlook The International Energy Agency cut its long-term forecast for world oil demand due in part to lingering effects from the global recession, as well as new policies designed to cu

Fears that rising oil prices will strangle the economic recovery and produce a double-dip recession appear overblown.A barrel of oil on the New York Mercantile Exchange recently fetched $78.55, 4.2%

Demand for oil remains bearish with unemployment near 10%, slow economic growth ahead, and ample fuel supplies on hand. But the weak dollar and fear of inflation has led some to bet on oil as a hedge

The peak oil theory is simple on the surface: Over the long haul, oil supplies will diminish. Production rates will reach a peak and then decline. However, the simple Hubbert Curve doesn't account fo

Editor's Note: This article was written by James Quinn, a senior director of strategic planning for a major university. James has held high-level financial positions with a re

Crude oil spent the last quarter range-bound at around $70, but energy prices moved sharply higher on Wednesday with the December futures contract rising from $66.60 to $71.05, or nearly 7% -- the la

Cancel that Prius, just like commodity technicians Fall Out Boy once sang, "Oil, We're Going Down". OK, it was "sugar," but oil is definitely going lower. Seriously. Why you ask?

If I buy a single futures contract for ethanol on the Chicago Board of Trade, am I literally buying 29,000 gallons of the stuff?What about picking up a contract on the Chicago Mercantile Exchange for

IEA Ups World Oil Consumption The International Energy Agency said global oil demand will average 85.7 million barrels a day, about 450,000 barrels a day higher than its previous forecast due to grow

Yesterday, privately held Athabasca Oil Sands Corp., AOSC, announced that it was selling a 60% working interest in its MacKay River and Dover oil sands projects for a consideration of C$1.9 billion.