What sets the minimum price of oil? Surprisingly it's not production costs, but rather the cost of government programs subsidized by OPEC nations to avert unrest. Full Article...
We know the effects of Iran's rhetoric on oil price, the repercussions caused every time Iran saunters into the news, but does North Korea have what it takes to pull oil prices northward?
Some consequences triggered by the Sequester will pull Oil Prices downwards; others will have the opposite effect. Today we lay out the factors at play and explain what will happen.
You too can put the oil price dashboard on your web site, Blogger page or blog. The dashboard displays the price of crude oil in real time. You only need to copy and paste the following code on your page and to follow our regulation below.
Code for Crude Oil Dashboard:
<script type="text/javascript"
src="http://www.oil-price.net/TABLE2/gen.php?lang=en">
</script>
<noscript> To get the <a href="http://www.oil-price.net">oil price</a>, please enable Javascript.
</noscript>
Dashboard Use Regulation
Please no inappropriate content. Use code no more than once per web page. Please redistribute code unchanged.