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I could swear the mainstream media is schizophrenic.

Here's a different headline :

[url=http://www.reuters.com/article/ousiv/idUSSP20252720080903?sp=true]Oil below $100 will prompt OPEC cuts: Cr ...

... on the other hand, it is now rumored that OPEC's unofficial floor level (where they start to consider cutting production) is now at $100. I'd say they're just trying to protect their $1 trillion i ...

It fell below $106.

If it breaks down below $100 and stays there, we could probably get it over with and declare a global economic collapse. Maybe.

One thing I just thought about. Have you noticed the slide in the dollar? Not helping oil bears either.
Yep, the USDX looks toppish - it failed to reach 78 resistance, got turned back at 77 and is he ...

Anyone else also noticed that oil is going up throughout the futures expiry transition period? (or whatever it is called). That looks bullish to me.

Gold has already broken through $800 resistance and is sitting nicely at $833. Time for oil to follow gold's lead and break $120 as well.

Instead of looking for "yet another record", one could say we're now looking for "yet another local minimum". It has been one heck of a correction since $147.27.

Was $112.31 "it"?

Or are we dest ...

$150 on NYMEX might take slightly longer than first expected given how it hit $147.27 and "almost" hit $150. But let's also not forget the times when it "almost" hit $100 (end of 2007) and also the on ...

The US Dollar Index, USDX had a decisive breakout above 74, hitting a high of 75.065 earlier today. Now that it's out of the 72-74 trading range where it has been for the past 3-4 months, continued st ...

Dropping to $120 support level. Now we're talking.
Next support level, $110.

This is the second video I've seen in a week with this computer-generated text-to-speech thing. Odd. Fella doesn't like his own voice or something?

Yup, perhaps we could now start some thread about crude oil falling by record amounts from record highs. It's now down over $20 from the current record high of $147.27. We're on track to hit the next ...

NYMEX crude oil prices have picked themselves off the floor, rebounding from recent lows of $128-129. Prices have broken through the $130 resistance level, and are now heading towards $132. As of 3.56 ...

A quick search on eBay shows the $100 billion notes going for 40 pounds, the $500 million notes going for $22.50, and the $250 million notes going for $32.99.

That's quite a mark-up, considering th ...

Back in April, they were talking about a [url=http://www.post1.net/lowem/entry/zimbabwe_inflation_hits_165_000]165,000% inflation rate. Begining of June, it was already [url=http://www.post1.net/lowem ...