Hormuz controls access to oil from Saudi Arabia, Kuwait, Qatar, the UAE and Iran. 20% of the world’d oil would stagnate if Iran closed the strait of Hormuz TOBIAS VANDERBRUCK | 2012/02/20 Strait of Hormuz, for the uninitiated, is the narrow passage connecting the Persian Gulf to the Arabian Sea, surrounded by countries like Saudi […]

With the new Seaway pipeline, WTI crude oil will flow more freely from Cushing to the cost refineries. STEVE AUSTIN | 2012/01/10 WTI vs Brent– which is the better benchmark? Or, perhaps what is WTI and what is Brent? Primarily, there are two types of crude oil traded in the international markets (three really, but […]

As can be seen in our study of the frequency spectrum for oil, volatility in oil prices is tuned to a repeating cycle in which spikes pop up every 32.3 months (or 2.7 years). TOM THERRAMUS | 2011/11/21 In 2009 I published a chart in an article at Oil-Price.net that showed volatility in the price […]