LightSweetOil.com

Right from the early 2000s there has been a inflation on the price of the barrels of the crude oil. It was generally under $25/barrel but during the 2003 it raised up to $30/barrel. Due to the geo political events and natural disasters, the global oil market had a strong short term effect on the [...]

Due to the many uses of light sweet crude oil, it is one of the most highly traded commodities. This commodity is used in the making of kerosene, jet fuel, diesel fuel and gasoline. Naturally this places light sweet crude oil in high demand the world over. Light sweet crude oil is traded in large [...]

The markets appear to be a bit more bullish than the underlying fundamentals would support at the moment. As prices continue to creep upward, it seems that investors are overly focused on the reduction in refinery output, and ignoring the accompanying decrease in demand that is driving the reductions.

The one positive trend on the economic [...]