Sudan is once again threatening to cut off oil pipelines from South Sudan accusing the South of backing separatist rebels in Darfur and the border regions of Southern Kordofan and Blue Nile. South Sudan – the world’s newest country – relies heavily on their oil production for revenues, however they have no export capabilities. They currently […]

Is the US Federal Reserve stopping monetary stimulus? Investors are afraid they are, and as a result Gold prices are falling to a 2-week low and down 17% so far in 2013. The US economy is getting stronger, climbing out of the current recession, which may signal that the US no longer has the need […]

OPEC, the Organization of Petroleum Exporting Countries, has voted to maintain output levels, thereby keeping the price at around $100 per barrel. OPEC members currently make up 40% of the world’s oil supply, producing around 30 million barrels per day. The organization must carefully consider their supply limits, as supply has a direct result on […]