28 Nov '15, 12am

Oil: The Wildfire Spreads: Summary The fires continue to burn in the oil sector. The longer that oil... https://t.co/PXQucO9KsF #Oil #BRK

Not only are oil prices not showing any signs of rallying, they are still trapped in a sharp downtrend. The oil price (NYSEARCA:OIL ) decline began picking up speed to the downside back in early October 2014. Since that time, we have seen some impressive rallies in the oil price. This includes a near +50% rally from March to May and a +35% bounce from August to early October. But any such rallies have come from deeply oversold levels. And what has been notable about the price declines and the periodic rallies is that the oil price remains in a sequence of lower highs and lower lows, which is bearish for the oil price going forward. Moreover, oil prices as measured by West Texas Intermediate Crude have barely tested resistance at its downward sloping 200-day moving average throughout the price decline. Through Wednesday, oil prices remain well off the pace at -14% below thi...

Full article: http://peakoil.com/business/oil-the-wildfire-spreads

Tweets

Oil prices have moved into ‘super contango’: It...

peakoil.com 27 Nov '15, 6pm

Contango refers to when the front-month or near-term futures contract are trading less than or at a discount to longer-dat...

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 ...

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...

#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 ...

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...

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...

Haze compensation to poor stalls as Indonesia s...

news.mongabay.com 23 Nov '15, 11am

The Indonesian government has yet to provide compensation to low-income families affected by smoke pollution from the arch...

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...

Oil Change International Response to Alberta Cl...

priceofoil.org 22 Nov '15, 8pm

For further inquires please contact Stephen Kretzmann Steve@priceofoil.org, +1-202-497-1033 “Sun is Setting” on Tar Sands ...

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...

Palm oil company revs up deforestation in Malaysia

Palm oil company revs up deforestation in Malaysia

news.mongabay.com 22 Nov '15, 2pm

Local and international environmental activists have alleged that BLD Plantation Bhd, a Malaysian palm oil company with a ...

HBSC financing deforestation for #KillerPalm oi...

news.mongabay.com 23 Nov '15, 8pm

HSBC, the world’s third largest bank, continues to lend to companies linked to deforestation despite a policy explicitly p...

Despite Cheap Gas, Coming Back to Peak Oil: Yes...

peakoil.com 22 Nov '15, 1am

dooma on Sat, 21st Nov 2015 8:17 pm I think that onlooker has nailed it. If easy oil was not a problem, we would not be re...

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...