The short term outlook for oil prices at a technical traders point of view.

Trading analysis for oil traders.

The trading charts for active traders and investors.

Oil is the lifeblood of modern civilization and almost has single-handedly made industrial civilization possible. We are more than just dependent on oil, we are addicted to it. With the global demand for oil continuing to grow, have you considered investing in oil and gas with a self directed IRA? It could be an ideal way to grow and produce yields for your retirement with a producing well.

Current trading trends for oil with trading analysis for traders and analysis.

Oil stocks will under perform crude oil and the oil etf for the next several years - but Energy Juniors will outperform both. The market is now setting up for a great entry point into junior oil Stocks!

The subsea segment of the oil and gas industry is the by far the fastest growing industry in the world today. The global turnover is expected to grow by 30% from today towards 2011. This creates opportunites for companies that are not part of this booming oil anmd gas industry today..

Soviet estimates from the late 1970s placed Afghanistans proven and probable Oil and condensate reserves at 95 million barrels. Most Soviet assistance efforts after the mid-1970s were aimed at increasing Natural Gas production. Sporadic gas exploration continued through the mid-1980s. The last Soviet technical advisors left Afghanistan in 1988. After a brief hiatus, oil production at the Angot field was restarted in the early 1990s by local militias. Output levels, however, are thought to have been less than 300 barrels per day (bbl/d). Near Sar-i-Pol, the Soviets partially constructed a 10,000-bbl/d topping plant, which although undamaged by war, is thought by Western experts to be unsalvageable.
Petroleum products such as diesel, Gasoline, and jet fuel are imported, mainly from Pakistan and Uzbekistan, with limited volumes from Turkmenistan and Iran serving regional markets. Turkmenistan also has a petroleum product storage and distribution facility at Tagtabazar (Kushka – on the Turkmen side) near the Afghan border, which supplies northwestern Afghanistan.

Aside from acting as a transit center for other countries' oil and natural gas exports from the Caspian Sea, Iran has potentially significant Caspian reserves of its own, although only a small amount (0.1 billion barrels) has been proven as "recoverable." Currently, Iran has no oil or natural gas production in the Caspian region. In early 2004, a 3-D seismic survey of the southern Caspian was being conducted by Iran's Oil Survey Co.