27 Nov '15, 6pm

Oil prices have moved into ‘super contango’: It looks to be a volatile final few weeks for crude oil... https://t.co/czwODhl9pN #Oil #BRK

Contango refers to when the front-month or near-term futures contract are trading less than or at a discount to longer-dated futures contracts. The difference between Brent crude-oil contracts, one year apart, recently hit a record $8 a barrel. The January 2016 WTI futures contract is trading at a hefty discount of $1.50 per barrel to the February contract. In tightly-supplied markets, when crude oil prices are strong, that spread value is the complete opposite. Oil prices have gotten some support this week from the heightened military action and worry over the situation in Syria and Northern Iraq , especially with the downing of the Russian fighter jet by Turkey . How Russia responds could plunge the region into deeper turmoil, putting a great deal of oil infrastructure and supply in the cross hairs. But these fears simply do not haunt the market for very long last these ...

Full article: http://peakoil.com/business/oil-prices-have-moved-into-su...

Tweets

Oil: The Wildfire Spreads: Summary The fires co...

peakoil.com 28 Nov '15, 12am

Not only are oil prices not showing any signs of rallying, they are still trapped in a sharp downtrend. The oil price (NYS...

Iran unveils upgraded model for oil contracts: ...

peakoil.com 28 Nov '15, 3pm

Iran unveils upgraded model for oil contracts Iran unveiled a new model of oil contracts Saturday aimed at attracting fore...

How Turkey Exports ISIS Oil To The World: The S...

peakoil.com 28 Nov '15, 12am

rockman on Fri, 27th Nov 2015 7:58 pm “But even if volumes of ISIS crude found their way, beyond any reasonable doubt, to ...

#peakoil Who is buying ISIL’s oil?: Turkey has ...

peakoil.com 28 Nov '15, 11pm

Turkey has been forced to deny Russian allegations that it buys oil from the armed group and says Assad is a customer. On ...

U.S. crude oil prices remain weak ahead of OPEC meeting: SINGAPORE (Reuters) - Crude oil prices held at low le...

U.S. crude oil prices remain weak ahead of OPEC...

reuters.com 01 Dec '15, 12am

SINGAPORE Crude oil prices held at low levels in early trading in Asia on Tuesday as traders bet on continued high product...

Oil inches up, but oversupply concerns linger ahead of OPEC meet: SINGAPORE (Reuters) - Crude oil prices rose

Oil inches up, but oversupply concerns linger a...

reuters.com 01 Dec '15, 9am

NEW YORK Crude futures were down on Tuesday on bets that OPEC will not cut output to stem a supply glut when the world's b...

On The Cusp Of A Staggering Default Wave: The E...

peakoil.com 28 Nov '15, 11pm

“I could see a wave of defaults and bankruptcies on the scale of the telecoms, which triggered the 2001 recession ,” Timot...

The “Syrian Sickness”: What Crude Oil Gives, Crude Oil Can Take Back.: Syria is one of the greates... https://t.co/sJN7OTNJcK #Oil #BRK

The “Syrian Sickness”: What Crude Oil Gives, Cr...

peakoil.com 22 Nov '15, 1pm

So, we can build up a narrative of what happened in Syria after the peak. With progressively lower oil revenues, the gover...

exercise

exercise

windpowermonthly.com 27 Nov '15, 10am

The emergency exercise was carried out in partnership between Dong and the German central command for maritime emergencies...

Meet Jeffery Hildebrand, the Texas Oil Billionaire Who Wants to Drill in the Arctic

Meet Jeffery Hildebrand, the Texas Oil Billiona...

desmogblog.com 27 Nov '15, 1pm

Royal Dutch Shell may have recently scrapped its plans to drill for oil in the Chukchi Sea, but the oil industry has not g...

Paying resell prices for these WONT be necessar...

theshoegame.com 27 Nov '15, 5pm

What are Air Jordan 11 72-10 resell prices going to look like? It doesn’t matter because you won’t have to pay more than r...

Prices are up but S'pore art is 'still underval...

straitstimes.com 28 Nov '15, 10pm

While the new National Gallery puts the spotlight on the worth of home-grown art to cultural identity, some might wonder -...