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oil prices

Oil depletion
Non-Renewable Energy

Why Oil Mixes With Gold

Brian Cohen, an investment fund analyst, has examined the connection between oil and gold and how this may affect the world. Considerably higher oil prices are coming to the world at the worst possible time. Not only is the world far from being ready with oil alternatives when demand is on the brink of surpassing… Keep Reading

crude oil barrels
Non-Renewable Energy

IEA sounds oil price alarm

IEA executive director Tanaka told reporters on the sidelines of an industry conference that Opec “needs to show more flexibility” in increasing oil production according to Reuters. “If the current price continues, it will have a negative impact,” he said. Oil hit a record $147 a barrel in 2008, and there are fears that prices… Keep Reading

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