Peak Oil Notes – May 7
Oil prices surged to 2015 highs on Wednesday after the EIA reported that US crude stocks fell by 3.9 million barrels last week…
Oil prices surged to 2015 highs on Wednesday after the EIA reported that US crude stocks fell by 3.9 million barrels last week…
A weekly review including Oil and the Global Economy, The Middle East & North Africa, China, Russia/Ukraine, The Briefs
Oil futures traded quietly on Monday and Tuesday until the weekly stocks reports showed a decline of 514,000 barrels of crude in storage at Cushing
Industry leaders are warning that the $114 billion cut in capital expenditures for producing new oil is likely to end up in lower production and much higher prices in the years ahead as the demand for oil continues to grow.
Weekly review including Oil and the Global Economy, The Middle East & North Africa, China, Russia/Ukraine, The Briefs.
Oil prices surged this week.
A weekly review including Oil and the Global Economy, The Middle East & North Africa, China, Russia/Ukraine, Quote of the Week, The Briefs.
It is shaping up to be another volatile week with oil prices rising sharply on Monday and Tuesday.
A weekly review including Oil and the Global Economy, The Middle East & North Africa, China, Russia/Ukraine, The Briefs.
As the Iranian nuclear talks moved into yet another overtime, the oil markets became more volatile with New York crude jumping 5.2 percent on Wednesday to close at $50.09 a barrel.
A weejly review including Oil and the Global Economy, The Middle East & North Africa, Russia/Ukraine, The Briefs.
Earlier this month, the foreign ministers of Sudan, Egypt and Ethiopia reached agreement on basic principles for managing what will be Africa’s largest hydroelectric dam.