The world price of oil can significantly increase
Мировые цены на нефть могут значительно повыситься It is expected that the price of oil will reach $ 150 per barrel. Oil prices in the short term could rise to Continue Reading
Pricier Fuel to Test Airline Profits
U.S. airlines are aiming to convince investors that surging fuel costs won’t knock a record stretch of profitability off course. Some investors say airlines won’t be able to raise prices Continue Reading
Brent Falls Back On Saudi Supply Surge
Oil prices fell slightly Friday morning after an EIA report highlighting an unexpected build in crude inventories, with a Saudi supply surge adding further downward pressure on the crude market. Continue Reading
Bernstein: Oil May Jump Past $150 On Chronic Underinvestment
A supply shortfall is lurking should major oil companies continue to underinvest in exploring for new oil reserves, and this “chronic underinvestment” is setting the stage for the next super-cycle Continue Reading
There Are Fears About an Oil Spike Above $150
Oil investors may regret urging companies to cough up cash now instead of investing in growth for later as the dearth of exploration is setting the stage for an unprecedented Continue Reading
Goldman: Trade War Won’t Derail Oil Prices
U.S. tariffs are set to take effect on China on Friday, with China promising immediate retaliation, kicking off the next phase of the trade war. But it remains to be Continue Reading
Oil slips toward $77 as Saudi boost, trade tensions weigh
Oil slipped toward $77 a barrel on Friday, under pressure from higher Saudi production and trade tensions between the United States and China, although oil supply disruptions lent support. Top Continue Reading
UBS: Oil market at risk from supply shocks
Even with Saudi Arabia offering market assurances, concerns about dwindling spare capacity could push oil prices above $80 per barrel, Swiss bank UBS said. Members of the Organization of Petroleum Continue Reading
Oil slips as U.S. crude stockpiles show surprise build
U.S. crude futures CLc1 fell $1.20 to settle at $72.94 a barrel, retreating from Tuesday’s 3-1/2-year high of over $75. Brent crude futures LCOc1 lost 85 cents to settle at Continue Reading
Do Trump’s Tweets Point To Another Oil Crisis?
The OPEC Monopoly must remember that gas prices are up & they are doing little to help. If anything, they are driving prices higher as the United States defends many Continue Reading