http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/06/04/Iraq’s latest energy auction was a flop, and while major international companies balked at everything from unattractive contract terms to security concerns, the failure of the auction highlights how the struggle for power between north and south is shaping the future of energy in the region and beyond. Earlier this week, Iraq held its fourth round of energy auctions with disappointing results that reflect the global gas glut, the rise of unconventional oil and gas and some very particularMon, 04 Jun 2012 13:26:40 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/06/04/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/06/01/Shell announced plans to expand its oil sands operations in Alberta province by as much as 90,000 bpd and said similar efforts were under way to make the country's western coast a major export hub for liquefied natural gas. The company's chief executive said Canadian regulators need to act quickly or lose out to similar developments in the Middle East and Australia. With mass protests spilling out of Montreal, and opposition leaders quickly getting under the skin of the conservative CanadianFri, 01 Jun 2012 08:43:01 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/06/01/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/31/As oil prices drop to below $90 a barrel this week, reaching a seven-month low, it’s fine to take heart in the accompanying dip in gas prices at the pump, but this is all relative in the larger picture of economic slowdown and possible recession. Last week closed with benchmark US crude at $90.86 per barrel and $106.83 per barrel for Brent crude, the lowest levels so far in 2012, and prices continued to fall this week, dropping to below $90 for the first time since the last quarter of 2011.Thu, 31 May 2012 07:27:27 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/31/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/30/The convergence of forces creating profound changes in domestic energy production is being driven by technology, globalization, demographic changes and by economies turning things upside down. But only recently and only in selected places across the energy value chain has it hit critical mass. One of them is reflected in the graphic above from the US EIA showing the growth in US domestic oil production. Opportunity is born today out of the risk-induced realization that insight can be extractedWed, 30 May 2012 06:43:08 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/30/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/29/The Egyptian presidential election is the most important political development flowing from the “Arab spring,” with enormous implications for the entire Middle East. According to partial results on 25 May American-educated Mohammed Morsi, Egypt's Muslim Brotherhood Freedom and Justice Party candidate, won the most votes in a run-off election in Egypt's first genuinely competitive presidential election. A Mubarak appointee, former Prime Minister Ahmed Shafiq and Hamdeen Sabahi, regarded as aTue, 29 May 2012 07:00:59 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/29/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/25/02/The world is clearly reaching many limits. This graphic below shows how I see man interacting with natural systems, back before man discovered fire and back before man became intelligent enough to kill off whole species. In these earliest days, human systems were a part of the natural system. Humans behaved like other animals, and fit easily into the natural order. There weren’t many humans–probably under 100,000 total in the whole world. This is the way I see man’s systems interacting withFri, 25 May 2012 07:55:19 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/25/02/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/25/That corruption is associated with oil production is acknowledged to be a worldwide problem. But the scale of corruption in Africa is in a class by itself, particularly in Nigeria. As black Africa’s largest oil producer, OPEC member Nigeria currently exports just over two millions barrels per day (bpd), and for decades this has proven irresistible to the country’s corrupt elements. The scope of the thievery is staggering. In October 2006 Nuhu Ribadu, head of Nigeria’s Economic and FinancialFri, 25 May 2012 07:32:08 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/25/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/24/02/Situation Iran tentatively agreed on 22 May to allow the UN’s nuclear watchdog, the International Atomic Energy Agency (IAEA), to launch inspections of nuclear facilities, while Iran and P5+1 countries began negotiations in Baghdad over Iran’s nuclear program on 23 May, where the West put forward a new proposal for Iran’s consideration. Dynamics The current heavy-handed US-led sanctions are taking their toll on Iran. Sources on the ground in Iran tell Oilprice.com that the situation is not asThu, 24 May 2012 10:13:03 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/24/02/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/24/Against the backdrop of discussions about pending negotiations over its controversial nuclear program and the upcoming deadline of an European embargo on Iranian oil comes a quiet push by the Islamic republic to become a major electricity exporter. Tehran had said it was expecting to secure electricity deals with Syria and Lebanon and had somehow attracted an estimated $1 billion to help build new power plants in the country. With some of the largest natural gas reserves in the world, TehranThu, 24 May 2012 06:24:56 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/24/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/23/It is rare in diplomatic circles for governments to speak bluntly, particularly in the Orient, where manners are highly prized. The exceptions to this rule are retired military officers, who are often able to voice sentiments too impolitic for other channels. One of the more startling pronouncements in this vein occurred last week when Song Xiaojun, a former senior officer of the People's Liberation Army, warned that Australia cannot juggle its relationships with the United States and ChinaWed, 23 May 2012 05:22:43 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/23/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/22/As Iran and the P5+1 prepare to meet in Baghdad on 23 May for the next round of nuclear talks, Europe should be seriously considering the implications of its planned sanctions on Iranian oil scheduled to be implemented on 1 July. Obama certainly is considering this. Greece is collapsing and the entire Euro zone is in trouble. A newly elected French President Francois Hollande is a very important confidante for US President Barack Obama, and together they have plans to save Europe – particularlyTue, 22 May 2012 08:53:19 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/22/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/17/Britain and Argentina have been feuding over the sovereignty of the Falkland Islands for 180 years, and 1982 fought a brief but vicious war over them. Much has changed in the past three decades – Argentina has increasingly lined up fellow Latin American nations to support their claim to Las Malvinas, and in the past two years, intrepid British oil exploration companies have surveyed Falkland waters and found promising signs of hydrocarbon deposits. Now, an outside player has decided to takeThu, 17 May 2012 07:29:13 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/05/17/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/04/25/One of the most feared words in every oilman’s lexicon is “nationalization.” On 16 April Argentinean President Cristina Fernandez de Kirchner did exactly that with the energy firm Yacimientos Petroliferos Fiscales (YPF), introducing legislation for the partial renationalization of the firm, under which the state would purchase a 51 percent share, with the national government controlling 51 percent of this package and ten provincial governments receiving the remaining 49 percent. Ten days laterWed, 25 Apr 2012 13:25:41 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/04/25/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/04/24/The White House announced it was getting into the commodities game in an effort to protect consumers from some of the geopolitical factors spilling over into the retail gasoline market. OPEC and the IEA both said in their monthly reports that market perceptions were behind higher energy prices, not physical shortages. With most U.S. consumers still economically gun shy, gasoline consumption is down amid high retail prices. But on the business side, protection against potential oil shocks in theTue, 24 Apr 2012 07:10:54 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/04/24/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/04/04/A strike on Iran, however limited, would push the current internal power struggle to a premature end that would not be in the US' best interests - that is the message, whether intentional or not, of the recent "intelligence leak" that has provided the Obama Administration with justification for standing down with regard to Iran. Earlier this week, the media had a field day with "intelligence leaks" suggesting that there is no imminent threat of Iran achieving nuclear weapons capabilities,Wed, 04 Apr 2012 07:38:42 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/04/04/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/03/30/Rising geopolitical tensions and high oil prices are continuing to help renewable energy find favour amongst investors and politicians. Yet how much faith should we place in renewables to make up the shortfall in fossil fuels? Can science really solve our energy problems, and which sectors offers the best hope for our energy future? To help us get to the bottom of this Oilprice.com spoke with energy specialist Dr. Tom Murphy, an associate professor of physics at the University of California.Fri, 30 Mar 2012 09:08:58 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/03/30/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/03/22/As the world economy teeters on the brink and rising oil prices threaten to de-rail the delicate roots of recovery Oilprice.com asked legendary investor Dr. Marc Faber to join us and give his views on high gasoline prices, the shale boom, alternative energy, developments in the Middle East and much more. In the interview Mark talks about the following: Why investors shouldn't buy oil right now Why alternative energy investments are a bad idea for investors Why Iran should be allowed NuclearThu, 22 Mar 2012 09:25:20 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/03/22/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/03/21/Canada's natural resources minister told delegates at the International Energy Forum in Kuwait that his country was on the cusp of becoming an "energy superpower." Canada ranks No. 6 in terms of global oil production, but much of its crude exists in the form of oil sands. European leaders are considering a measure that would classify oil sands as an environmental issue, prompting Canada to threaten to take the issue to the World Trade Organization. With the U.S. political system in a deadlockWed, 21 Mar 2012 09:35:43 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/03/21/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/03/16/As last year's Arab spring has slowly roiled eastwards from Tunisia to the eastern Mediterranean, the two most concerned governments are the U.S. and Israel, that are watching their carefully constructed defense alignments crumble to the populist forces unleashed. After decades of repression, the Arab "street" is finding its democratic voice, which is rejecting the cozy decades-long security and energy arrangements carefully stitched together by Washington to ensure Israeli security. In theFri, 16 Mar 2012 09:23:04 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/03/16/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/03/09/02/In the 32 years of his benighted rule, Zimbabwe's President Robert Gabriel Mugabe has done more damage to the country than its white-led minority government ever did. With the exception of the smuggling of "blood diamonds" the country's economy, once the "breadbasket of Africa," resembles nothing so much as a slow motion train wreck. One of the foundations of modern nations' economic prosperity are reliable sources of power and here too, Mugabe and his Zimbabwe African National Union croniesFri, 09 Mar 2012 09:17:43 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/03/09/02/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/03/09/A delegation from the International Energy Agency spent two days in Baghdad speaking with high-ranking officials in preparation for an end-of-year report on the country's oil sector. By some estimates, Iraq could hold some of the largest oil reserves in the world and an international auction for oil and natural gas blocks is planned for May. Without a hydrocarbon law, and considering the fractured political system, the IEA's report may be more about political obstacles than oil potential,Fri, 09 Mar 2012 09:15:30 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/03/09/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/03/06/The 11 March 2011 earthquake and tsunami that effectively destroyed Tokyo Electric Power Company's six-reactor Fukushima Daichi complex have claimed another victim, Japan's fast breeder reactor program. Fukushima's effect on Japan's atomic energy program has not had the consequences of a nuclear blast, but more the relentless drip of acid rain, slowly eroding public confidence in the country's nuclear power industry, which last month saw 49 of the country's 54 nuclear power plant (NPP)Tue, 06 Mar 2012 09:45:02 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/03/06/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/02/29/India is betting heavily on nuclear power to meet its surging energy needs. While India currently has six nuclear power plants (NPPs) with 20 reactors generating 4,780 megawatts, seven other reactors are under construction and are expected to generate an additional 5,300 megawatts. This current rate of nuclear power generation pales into insignificance with New Delhi's future plans, as on 22 February Power Minister Sushilkumar Shinde told a seminar at the India International Nuclear Symposium,Wed, 29 Feb 2012 16:13:39 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/02/29/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/02/17/The U.S. new sanctions initiative, strongly supported by Israel, to impose new sanctions against Iran, is designed to punish it for its purported covert nuclear weapons program by imposing new restrictions on Tehran. As a result, many of Iran's oil customers are scrambling to avoid collateral damage to their economies. The sanctions' potential fallout is now hitting South Africa, Africa's biggest economy, which receives nearly 25 percent of its needs from Iran, roughly 98,000 barrels per dayFri, 17 Feb 2012 09:50:06 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/02/17/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/02/14/Canadian Conservative Prime Minister Stephen Harper is in the midst of an official visit to China. His mission? To convince Beijing's mandarins to buy Canada's Alberta oil sands hydrocarbon production, now that Republican Congressional overreach has effectively sidelined the Keystone XL pipeline, designed to transit the oil to U.S. Gulf of Mexico refineries, for the foreseeable future. Harper faces an uphill struggle, as China is questioning the delays in implementing the Northern GatewayTue, 14 Feb 2012 16:20:04 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/02/14/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/02/10/Pity the poor Eastern Europeans. Fifty years under the domination of their massive Soviet eastern neighbor then the collapse of Communism there two decades ago offered undreamed of opportunities to join both the European Union and NATO. But they still remain dependent on the Russian Federation for the majority of their oil and gas needs, and the new capitalists in Moscow do not hesitate to charge the highest prices possible. According a number of East European nations, particularly Poland andFri, 10 Feb 2012 09:33:13 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/02/10/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/02/03/There is perhaps no more controversial energy source after nuclear than "hydraulic fracturing," or "fracking," of subterranean shale deposits containing pockets of natural gas. While the process can liberate previously unusable sources of natural gas, political, environmental and scientific concerns have risen along with production, as evidence mounts that fracking is responsible for everything from polluting subterranean aquifers to causing regional earthquakes. But no matter - during his 24Fri, 03 Feb 2012 09:06:06 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/02/03/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/02/01/Nearly two years after the worst accidental offshore oil spill in the history of the energy industry, some of the biggest companies in the world are busy pointing their legal fingers at one another in court over who has to pay what in claims, damages and fines over the deadly Deepwater Horizon oil spill. A federal judge this week ruled that BP is still obligated to a clause in its contract with Transocean that would protect the rig owner from damages related to the spill. That means BP stillWed, 01 Feb 2012 08:32:41 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/02/01/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/26/Way back in early 2011, members of the U.N. Security Council had no problem getting a resolution through that authorized military force in Libya ostensibly to protect civilians from attacks by forces loyal to strongman Moammar Gadhafi. The year before, lawmakers on both sides of the Atlantic were bickering over who did what and why in terms of the cancer-stricken Lockerbie bomber. This Scottish decision to release him, depending on which U.S. lawmaker you spoke with, was tied to a BP deal toThu, 26 Jan 2012 09:32:23 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/26/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/25/02/The World Future Energy Summit has recently finished in Abu Dhabi and for me one of the highlights was the Turanor, an impressive solar powered yacht designed and built by Planet Solar. It is the largest boat of its kind to ever sail and the first to ever circumnavigate the globe powered entirely by the sun. It steadily cruises at an average speed of five knots, but is capable of reaching more than double that on clear, calm, sunny days. The project was conceived by Raphaël Domjan ofWed, 25 Jan 2012 09:52:00 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/25/02/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/25/Ocean Thermal Energy Conversion (OTEC) is an idea for creating renewable energy by exploiting the difference in ocean temperatures between the surface and the seabed. The OTEC permit office first opened in 1981 as part of NOAA, America's National Oceanic and Atmospheric Administration, the marine counterpart to NASA. It was created after the oil price spike of the 1970's when interest in alternative power sources rose. Oil prices eventually settled and as a result interest in the alternativeWed, 25 Jan 2012 09:48:33 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/25/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/19/Ever since the end of World War Two, the U.S. has come to regard Saudi Arabia as almost its exclusive oil producing enclave. In February 1945, after the Yalta Conference with Soviet General Secretary Iosif Stalin and British Prime Minister Winston Churchill, on his way home U.S. President Franklin Delano Roosevelt and King Ibn Saud met aboard the New Orleans-class heavy cruiser U.S.S. Quincy in the Suez Canal's Great Bitter Lake. During the meeting, instigated by Roosevelt, he and Ibn SaudThu, 19 Jan 2012 16:19:20 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/19/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/16/At the best of times, the U.S. government is regarded as somewhat out of touch with what's happening in the American "heartland," much less the world at large, so much so that the phrase "inside the Beltway" was coined to define the syndrome. But every now and again, an incident occurs that so perfectly encapsulates Washington's self-absorbed navel gazing that little further comment is needed. On 9 January U.S. State Department spokeswoman Victoria Nuland provided such a "Kodak moment" to theMon, 16 Jan 2012 10:20:39 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/16/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/12/As we start a new year, consider the miserable plight of the average Pakistani electricity consumer. With about 50 per cent less electricity generation capability than the actual demand, Pakistan's National Grid is facing more than a 5,000-megawatt shortfall in power generation, leading to blackouts in both urban and rural areas of the country. Due to unscheduled shortages by the National Power Control Center, urban areas are facing unscheduled minimum 8-hour power blackouts each day, while inThu, 12 Jan 2012 16:04:15 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/12/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/10/2011 saw huge advances in solar, wind and other renewable energy sources, and these advancements will continue into 2012. In fact 2012 could be the year that renewable energy sources start to seriously compete with traditional fossil fuels, at least that is the hope in the battle to reduce carbon emissions and our dependence on dwindling oil stocks. However a major problem with renewable energy sources is that they can rarely provide consistent power levels, due to a myriad of factors outsideTue, 10 Jan 2012 08:59:04 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/10/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/09/The implosion of the USSR in December 1991 produced massive economic "collateral damage" in its East European allies, as they simultaneously sought both to assert their new-found independence and draw closer to their potential European allies on the western side of 1946's "Iron Curtain." Following the euphoria amity quickly devolved down to practical issues, one of which was that the European Union was leery of welcoming new members after the collapse of Communism that relied on power fromMon, 09 Jan 2012 09:28:27 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/09/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/04/02/First, the bad news. Although Africa has vast fossil and renewable energy sources, only twenty percent of its population has direct access to electricity and in some rural areas, four out of five people are completely without power. According to the UN, over 600 million Africans currently do not have access to electric power. A depressing 70 percent of Sub-Saharan Africa's population is living without access to clean and safe energy for their basic needs such as cooking, lighting and heating,Wed, 04 Jan 2012 16:39:41 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/04/02/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/04/The pieces and policies for potential conflict in the Persian Gulf are seemingly drawing inexorably together.  Since 24 December the Iranian Navy has been holding its ten-day Velayat 90 naval exercises, covering an area in the Arabian Sea stretching from east of the Strait of Hormuz entrance to the Persian Gulf to the Gulf of Aden. The day the maneuvers opened Iranian Navy Commander Rear Admiral Habibollah Sayyari told a press conference that the exercises were intended to show "Iran'sWed, 04 Jan 2012 10:16:36 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2012/01/04/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2011/12/20/The last decade has seen a sustained campaign by the hydraulic fracturing ('fracking") industry against its critics, as the fracking industry in the U.S. alone was worth an estimated $76 billion in 2010 and is projected to grow to $231 billion in 2036 if only those pesky environmentalists can be sidelined. According to Washington's energy Information Administration, production of shale gas in the United States in 2010 totalled 4.87 trillion cubic feet (tcf) compared with 0.39 tcf only a decadeTue, 20 Dec 2011 17:29:27 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2011/12/20/http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2011/12/19/After nearly nine years, all US Forces are mandated to withdraw from Iraqi territory by 31 December 2011 under the terms of a bilateral agreement signed in 2008. Now the job facing the war-torn country is to re-build its economy. On Tuesday, prime minister Nouri al-Maliki gave a presentation to more than 400 executives representing a wide range of industries including petroleum, engineering and construction, commercial aviation, architecture, maritime cargo and financial services;Mon, 19 Dec 2011 10:39:03 GMThttp://www.fxstreet.com/fundamental/market-view/admin@oilprice.com (OilPrice.com)http://www.fxstreet.com/fundamental/market-view/whats-going-on-in-the-oil-market/2011/12/19/