ReutersVenezuela names economy czar, oil minister in cabinet shuffleReutersCARACAS Venezuelan President Nicolas Maduro on Wednesday shuffled his cabinet by naming a new economy czar to oversee the OPEC country's decaying socialist system and a new oil …

The Hill (blog)Oil price rally driving US inflation expectationsThe Hill (blog)Oil prices have been on a rollercoaster ride over the last several years. After averaging $100-plus per barrel from mid-2013 through mid-2014, West Texas Intermediate prices fel …

Economic TimesIndia sees oil touching $60 a barrel before retreatingEconomic TimesIndia, which depends on imports to meet 80 per cent of its oil needs, will have to spend Rs 9,126 crore (USD 1.36 billion) more every year for one dollar per barrel increase …

After Burning Himself On The OPEC Deal: Gartman Says ''Buy Oil''OilPrice.comJust hours before the November 30 Vienna OPEC meeting, whose outcome sent the price of oil soaring, Dennis Gartman had a recommendation: "we are short of crude …

Why is UK inflation rising so quickly? Blame Brexit and the oil priceThe GuardianGyrations in the oil market meant it was a stone-cold certainty that inflation would be on the rise in late 2016. This time last year the price of crude was crashing, which pu …

Financial TimesIEA predicts oil glut will end if producers deliver dealFinancial TimesDemand for oil will outstrip supply in the next six months as long as Opec and countries outside the cartel can implement a deal signed over the weekend to lower output, …

Wall Street Journal10-Year Treasury Yield Above 2.5% on Higher Oil PricesWall Street JournalA big rise in crude oil prices drove investors to sell government bonds on both sides of the Atlantic, sending the yield on the benchmark 10-year U.S. Treasury note …

Omaha World-Herald (blog)The secret to cooking with the right oilOmaha World-Herald (blog)Let me fill you in on cooking with fats and oils. Each have different properties that set them apart. One property, in particular, is called the smoke point, and its …

Peak Oil (Base Effect Edition)Wall Street Journal (blog)December 2015 and January 2016 saw a precipitous slide in oil prices that extended the energy drag on inflation. Brent crude fell from around $45 a barrel to a low of $28 by late January. OPEC's d …

Economic TimesNow, brace for some crude shocks; Jim Rogers sees oil price at $60/bblEconomic TimesRemember, India's oil import bill for this financial year has been pegged at $66 billion at an average import price of $48 A barrel. India, which depends …