LightSweetOil.com

The recent world wide economic downturn has caused a decline in all commodity prices. Copper, aluminum, coal, wheat, rice and almost every other commodity has experienced a sharp decline in price. The price of light sweet crude oil was no exception. From a high of $145.08 per barrel in 2008, it plunged to a low [...]

All eyes are on oil majors since the fall of refining battle. though the industry is 20% increasing, the refineries are struggling to demand remains weak and the cost of input - oil - continues to rise.Most companies are betting on a rebound in oil prices to offset the results of refining dejuction. The results [...]

Light sweet crude oil prices today are on the rise again. People across the United States easily remember what happened to us last summer. The price of gas rose above $4.50 per gallon in many areas and some gas stations actually ran out of gas. We had many instances of gas price gouging as well. [...]