Supplies not growing is still the main thing. OPEC can turn the tap but they cannot do it forever, and non-OPEC growth is not enough 
Selected and fresh photos from around the web.
-
Editor's pick
-
A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean.
-
BANGKOK, THAILAND - AUGUST 30: A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej.
-
Georgian soldiers run near a blazing building after a Russian bombardment in Gori, 80 km (50 miles) from Tbilisi, August 9, 2008. A Russian warplane dropped a bomb on an apartment block in the Georgian town of Gori on Saturday, killing at least 5 people, a Reuters reporter said. The bomb hit the five-story building in Gori close to Georgia's embattled breakaway province of South Ossetia when Russian warplanes carried out a raid against military targets around the town.
-
CARSON, CA - JULY 31: Andre Villa practices in the Moto X Freestyle during the summer X Games 14 at Home Depot Center on July 31, 2008 in Carson, California.
-
-
Hot off the wire
-
A Kashmiri Muslim shouts pro-freedom slogans during a demonstration against Indian rule in Kashmir, in Srinagar, India, Friday, Sept. 5, 2008.
-
Anti-government student activists march towards a police station past a tuk-tuk in Bangkok September 5, 2008. Prime Minister Samak Sundaravej has bought some time with a referendum aimed at defusing street protests, but it will do nothing to resolve Thailand's fundamental political conflict, analysts say.
-
Ferrari Brazilian's driver Felipe Massa sits in his car in the pits of the Spa-Francorchamps racetrack on September 5, 2008, during the first practice session of the Belgium Formula One Grand Prix.
-
-
Recently starred
-
ST. PAUL, MN - SEPTEMBER 03: Former New York City Mayor Rudy Giuliani speaks on day three of the Republican National Convention (RNC) at the Xcel Energy Center on September 3, 2008 in St. Paul, Minnesota. The GOP will nominate U.S. Sen. John McCain (R-AZ) as the Republican choice for U.S. President on the last day of the convention.
-
Detroit Mayor Kwame Kilpatrick faces Judge David Groner as he agrees to a plea agreement and to resign from office in Wayne County Circuit Court in Detroit, Michigan September 4, 2008.
-
Serena Williams (L) and her sister Venus (R), both of the U.S., each react in this combination photo during their quarter-final match at the U.S. Open tennis tournament at Flushing Meadows in New York September 3, 2008.
-
ST. PAUL, MN - SEPTEMBER 03: Republican U.S vice-presidential nominee Alaska Gov. Sarah Palin waves on day three of the Republican National Convention (RNC) at the Xcel Energy Center on September 3, 2008 in St. Paul, Minnesota. U.S. Sen. John McCain (R-AZ) will accept The GOP nomination for U.S. President Thursday night.
-
- « Previous
- |
- Next »
Supplies not growing is still the main thing. OPEC can turn the tap but they cannot do it forever, and non-OPEC growth is not enough
said Tony Nunan
In a market like today, which is trending higher while open interest is falling, it's a sign that money is moving out of the market
said Stephen Schork
in Malaysia Sun
It is not a growing market, it is a shrinking market in terms of open interest ... It is also facilitating the move upward.
said Olivier Jakob
in Malaysia Sun
The only realistic option we have is to use biofuels ... There is only one choice.
was said
in Malaysia Sun
There's agreement that $200 is possible and that's getting more people into the market. We have very little supply cushion going forward and that's playing into the minds of investors.
was said
in Malaysia Sun
There are people making the argument that we are going to see higher prices until the end of time, but I don't believe that
said Peter Beutel
Dr. Bernanke and others at the Fed have it now, and have had it in the past, entirely wrong regarding energy, and the term structure of the futures ... We find this wholly disconcerting.
said Dennis Gartman
- « Previous
- |
- Next »
