Global demand has pushed oil prices to a new higher platform, and risks of serious supply disruption (Iran, Nigeria) are adding a premium to prices.

212

The demand for uranium is very strong, and countries are trying to diversify away from oil and coal which contributes to global warming. It appears Australia is happy to sell it to China, or anyone else, so long as they abide by specific guidelines.

142

It seems that crude is suffering because there's little capacity to refine crude. We are missing so much refining capacity now.

131

Traders and investors alike both succumbed to the temptation to take profits in a variety of commodities that have made big price gains.

129

The Iranians are taking this right down to the wire.

123

The Ecuador barrels missing from the market are another little unwelcome disruption to supply, and we're not even halfway through the Atlantic hurricane season.

107

I think we'll stay in a $58 to $66 range for the next couple of months. If prices get too weak OPEC, will just cut back.

92

I'd be surprised if oil ticks much lower. Stocks are good, but you only have to have Iran start to threaten the loss of barrels. I expect the Iranians to take this to the wire.

87

The US economy looks healthy and it's safe to infer that the demand for oil and diesel will remain pretty firm and that the price of oil should be helped along as well.

66