Tag: Crude oil prices

Commercialization, Conventional Fuels

U.S. Oil Prices Soar To Four-Month Highs

March 22, 2019

Via: Forbes

Up 30% since January 1, U.S. WTI crude oil prices topped $60 per barrel on Wednesday for the first time since November 9 Prices were bolstered by a highly bullish U.S. inventory report. Crude oil stocks dropped by 9.6 million […]

Commercialization, Conventional Fuels

Opec and oil market dynamics

April 27, 2018

Via: Petroleum Economist

Opec’s goal of defending high oil prices may suit some members in the short run, but its long-term impacts could be damaging Since its historic agreement in November 2016, Opec’s efforts to manage the oil market have shown signs of […]

News and Policies, World

Oil hovers near three-month lows as investors await data

March 14, 2017


Crude oil prices hovered near three-month lows on Tuesday in Asian trading, with investors waiting for key reports and data that may shed light on a supply overhang in the global market. U.S. West Texas Intermediate crude (WTI) was up […]