Oilprice.com - Latest News [Page 4]
Consumers Winning With Low Oil Prices, For Now
Thursday, 12 March 2015, 9:11 pm | Oilprice.com
Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming ... More >>
Everyone Is Guessing When It Comes To Oil Prices
Thursday, 12 March 2015, 3:09 pm | Oilprice.com
Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, ... More >>
Here's What Will Send Oil Prices Back Up Again
Thursday, 5 March 2015, 2:09 pm | Oilprice.com
Oil's rapid decline since August of last year has been dramatic. To listen to some commentators you would also think it is unprecedented and irreversible. Those claiming that oil will continue to fall from here and remain low for evermore, however, are ... More >>
The Easy Oil Is Gone So Where Do We Look Now?
Wednesday, 25 February 2015, 3:42 pm | Oilprice.com
In 2008, Canadian economist Jeff Rubin stunned the oil market with a bold prediction: With the world economy growing at 5 percent a year, oil demand would grow with it, outpacing supply, thus lifting the oil price from $147 to over $200 a barrel. More >>
Is Oil Returning To $100 Or Dropping To $10?
Wednesday, 25 February 2015, 11:41 am | Oilprice.com
If you have been following the price of oil over the last few months, the chances are you're a little confused. On the one hand you have the likes of A. Gary Shilling who, in this Bloomberg article , loudly trumpets the prospect of oil at $10/Barrel, ... More >>
Why Oil Prices Must Go Up
Friday, 20 February 2015, 12:01 pm | Oilprice.com
It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil. More >>
Oil's Survival Of The Fittest: Interview With Stan Szary
Wednesday, 11 February 2015, 1:07 pm | Oilprice.com
With crude oil prices collapsing and small American oil producers faced with grim choices for survival, the Darwinian nature of commodity market cycles rears its head, dictating that only the fittest will survive—and only the fittest of the fittest ... More >>
Rise Of The Vulture Investing Class
Friday, 6 February 2015, 1:25 pm | Oilprice.com
The oil markets are showing some life, having rallied 11 percent over a two-day period. But if a bigger rebound is not around the corner, it won’t just be oil companies that will be feeling the pain: their lenders will also face some steep losses if ... More >>
Lies And Deception In Ukraine's Energy Sector
Friday, 30 January 2015, 12:03 pm | Oilprice.com
The Ukrainian government has repeatedly claimed it is doing its best to improve the oil and gas investment climate, but official statements are the opposite of the reality, as Prime Minister Arseniy Yatsenyuk is leading the great deception. More >>
Increasing Demand For Refined Products Will Increase Prices
Friday, 30 January 2015, 12:00 pm | Oilprice.com
In last week's article I posted a chart from the International Energy Agency'srecent Oil Market Report that shows global demand for refined products catching up to supply by the 3rd quarter of this year. My opinion is that all of the analysts who are now ... More >>
Oil Prices Changing The Face Of Global Geopolitics
Wednesday, 28 January 2015, 11:18 am | Oilprice.com
In a documentary that aired recently on the Canadian Broadcasting Corporation's popular The Fifth Estate program, an allegory of Vladimir Putin was presented. The wily Russian president was described growing up in a shabby St. Petersburg apartment, where he ... More >>
Crushing The U.S. Energy Export Dream
Friday, 23 January 2015, 2:27 pm | Oilprice.com
Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time. More >>
Oil Price Collapse Hurting Some More Than Others
Thursday, 22 January 2015, 1:17 pm | Oilprice.com
U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and ... More >>
Why Conventional Drilling Makes Sense in 2015
Friday, 16 January 2015, 12:15 pm | Oilprice.com
This New Year, an old trend may become a new trend as conventional drilling in North America is once again in the spotlight at a time when oil prices continue their slump and the unconventional becomes increasingly uneconomical. More >>
5 Ways To Play The Oil Price Plunge
Friday, 16 January 2015, 12:13 pm | Oilprice.com
The collapse of the oil price has created losers and winners, and like every major movement in a commodity sector, the trick for investors is figuring out which side of the trade to be on. The most obvious victim of the slide in Brent and WTI prices ... More >>
Top Five Factors Affecting Oil Prices In 2015
Tuesday, 13 January 2015, 11:46 am | Oilprice.com
As we ring in the New Year, let's take stock of where we are at with the oil markets. 2014 proved to be a momentous one for the oil markets, having seen prices cut in half in just six months. More >>
Energy Crisis As Early As 2016
Tuesday, 13 January 2015, 11:09 am | Oilprice.com
Low oil prices today may be setting the world up for an oil shortage as early as 2016. Today we have just 2% more crude oil supply than demand and the price of gasoline is under $2.00/gallon in Texas. If oil supply falls too far, we could see gasoline ... More >>
Did The Saudis And The US Collude In Dropping Oil Prices?
Tuesday, 30 December 2014, 11:39 pm | Oilprice.com
The oil price drop that has dominated the headlines in recent weeks has been framed almost exclusively in terms of oil market economics, with most media outlets blaming Saudi Arabia, through its OPEC Trojan horse, for driving down the price, thus causing ... More >>
Oil Price Tumbles After OPEC Releases 2015 Forecast
Sunday, 14 December 2014, 12:29 pm | Oilprice.com
The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC's latest forecast. And that's just one of several sour estimates. More >>
Norway's Oil Decline Accelerating
Thursday, 11 December 2014, 3:18 pm | Oilprice.com
New oil projects are being scrapped in Norway amid falling production and low oil prices. More >>