New Oil – A bidding War.
The Tullow Oil rumours are gaining pace. In 2009 we have seen them tipped as a possible takeover many times, and in some of the biggest financial publications.
Today Reuters has a story about three Chinese Oil Majors having a look at Tullow Oil.
These rumours are probably to be expected. Tullow [...]

I like Rhodium, but have long since decided that I am probably unable to trade in it directly, but will instead keep an eye out on the Platinum miners who’s side-products usually include Rhodium.
I search quite regulary for Rhodium, but this isn’t being helped by HTC releasing a phone called the HTC Rhodium. This is [...]

Wellstream (WSM.L), a uk based pipeline company, like many others has taken a big hit in slide of the Oil Price.
The whole oil services sector has been bit badly and contains many stocks now sitting at a fraction of where they were when Oil was up at $150/barrel.
Wellstream stands out to me because of its [...]

When it became very obvious that there was going to be a substantial economic downturn I started to read articles on how low the markets would fall. I have read all kinds of ideas on the subject, those related to charting and historians comparing to previous drops to name but two. One simple suggestion appealed [...]

Recycling Oil Rigs ? Lots of stories this week about Oil Rig Demand dropping quickly due to the decrease in the Oil Price.
We have already suggested that the recent production cuts should mean the price starts to move north, which would improve Rig Demand.
But what about abandoned or retired rigs …. here is a great [...]

The Gold Price has risen steadily over the last six months as everyone scrambles for a safety net or hedge against the current economic crisis. Large amounts are being invested into Gold ETF’s and Gold Mining Shares are starting to move upwards, although they seem to be slightly behind the Gold Price.
Gold dealers are regularly [...]

The Crude Oil price has risen this week, possibly as a result of ongoing supply cuts. The Abu Dhabi National Oil Company have announced cuts, and OPEC feel they are likely to achieve their target cut of 4.2 million barrels.The recession has affected usage, estimates suggesting demand dropping by 1.5 million barrels, but with the [...]

Orange Juice Price. I came across this chart and was intrigued. Like many commodities Orange Juice has taken a big hit over the last few months. Is it cheap now ?
Predicted production levels for this year are not high compared to previous years, and I can only imagine that consumption levels do not [...]

BP are involved in alternative energies and fuels sources, Biofuels, Wind and Solar Energy amongst others.
During this last week I have seen that they are making a bigger move into Cellulosic ethanol, a biofuel produced from plants, grass, wood chips and the like. It is especially interesting because it can be made from inedible grasses [...]

Peak Oil, the moment where we are extracting the peak volume of oil from the globe, the point that will not be reached again, moving forwards from there the amount we extract will fall year on year until we run out.
Sounds like something from a sci-fi movie, yet its true.
When will Peak Oil happen ? [...]