Peak Oil Review – Apr 13

1. Production and Prices

2. IEA

1. Production and Prices

The oil markets continue to move with the equity markets. When there is bad economic news, oil and stocks go down. When there is even a flicker of good news, both go up. Last week oil climbed above $53 a barrel, fell to $47 on general pessimism about the global economy, and then rebounded to close Thursday evening at $52.24. News relating to the supply and demand for oil seems to have minimal impact on prices these days. […]

2. IEA