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Tag: Crude prices


Commercialization, Conventional Fuels

Can Integrated Value Chains Withstand Low Oil Prices?

November 13, 2019

Via: Forbes

Think back only a few years to 2015 – oil prices were at similar levels to today. The oil majors’ upstream financial performance was poor, but their downstream businesses saved the day for overall corporate results. The benefits of the […]


Commercialization, Conventional Fuels, News and Policies, World

Saudi Arabia will ignore Trump’s ‘tolerance threshold’ for oil prices, analyst says

March 29, 2019

Via: CNBC energy

OPEC kingpin Saudi Arabia will continue to ignore President Donald Trump’s tolerance threshold for rising oil prices, one analyst told CNBC on Friday, putting Riyadh on a “collision course” with Washington. Trump delivered his second warning to OPEC this year […]


Commercialization, Conventional Fuels

Trump says it’s ‘very important that OPEC increase the flow of oil’ because prices are too high

March 28, 2019

Via: CNBC energy

President Donald Trump told OPEC on Thursday that its members should start pumping more oil, marking his second warning to the producer group this year as crude prices continue to rise. Trump’s latest tweet comes as OPEC and a group […]


Commercialization, Conventional Fuels

A 2019 Oil Forecast? Like 2018, Or Worse.

December 28, 2018

Via: Forbes

As 2018 winds down, we can expect the oil market rollercoaster to continue its wild ride into the year ahead. And wild it has been. West Texas Intermediate (WTI) crude prices rose close to 30% between January and October, from […]


Commercialization, Conventional Fuels

Despite Qatar’s Exit, OPEC+ Still Holds The Oil Price Cards

December 6, 2018

Via: Forbes

Monday’s announcement by Qatar that it is leaving OPEC does not spell the end of that organization, or really do it much harm. But, coming as it does on the heels of the recent 30% drop in global crude prices, […]


Commercialization, Conventional Fuels

Trump blasts OPEC, sending oil prices lower: ‘Monopoly must get prices down now’

September 20, 2018

Via: CNBC energy

President Donald Trump tweeted on Thursday the Organization of the Petroleum Exporting Countries needs to keep crude prices lower because of the military protection the U.S. provides for the region. “The OPEC monopoly must get prices down now,” Trump said […]


Commercialization, Conventional Fuels

Oil market braces for “major supply shock”—and it could propel crude prices skywards, analysts say

August 3, 2018

Via: CNBC energy

Oil prices could soon rally above $90 a barrel amid growing concerns over the prospect of steep declines in Iranian crude, according to industry analysts. Brent crude was on track to post a fourth week of declines in five on […]


Commercialization, Conventional Fuels

The oil market is becoming increasingly dangerous, analysts say — and crude prices are feeling the pressure

July 19, 2018

Via: CNBC energy

The oil market is likely to become progressively more unpredictable over the coming months, analysts have told CNBC, in the latest sign dynamics shaping crude futures have dramatically shifted since the crude rally began. International benchmark Brent crude has tumbled […]


Commercialization, Conventional Fuels

Spare oil capacity could be ‘stretched to the limit’ by OPEC’s supply boost, IEA says

July 12, 2018

Via: CNBC energy

OPEC’s rejuvenated bid to tame crude prices could soon exhaust the world’s spare capacity cushion, according to the latest monthly report from the International Energy Agency (IEA). The IEA’s closely-watched report comes shortly after crude had its biggest one-day drop […]


Commercialization, Conventional Fuels

7 Reasons Why Oil Market Volatility Is Making A Big Comeback

July 5, 2018

Via: Forbes

After experiencing a period of unusual predictability and calm throughout 2017 and the first half of 2018, the global oil markets are once again becoming increasingly unstable and volatile. What I’ve always called the “fear premium” in crude prices has […]


News and Policies, U.S.

President Trump Tweet-Targets OPEC Again, But Why Now?

June 13, 2018

Via: Forbes

Early this morning, President Donald Trump tossed out another tweet targeting OPEC for what he considers to be an unduly-high price of crude oil , saying: “Oil prices are too high, OPEC is at it again. Not good!” This tweet […]


Commercialization, Conventional Fuels

Gas prices remain steady with average of $3.01 per gallon

June 11, 2018

Via: CNBC energy

The average price of regular-grade gasoline in the U.S. has remained relatively steady for the past three weeks with a national average of $3.01 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that a drop in […]


Commercialization, Conventional Fuels

Oil’s ‘artificial’ surge to multi-year highs could spark a new crisis, economist warns

April 19, 2018

Via: CNBC energy

A sudden upswing in crude futures could be enough to fast-track the energy market’s next crisis, one economist told CNBC on Thursday. Oil prices soared to levels not seen since late 2014 on Thursday, following reports OPEC kingpin Saudi Arabia […]


Energy Economics

Oil prices steady ahead of U.S. election, weak China data weighs

November 8, 2016

Via: CNBC

Oil prices were stable on Tuesday as financial investors and traders were cautiously positioning themselves for a win by Hillary Clinton in the U.S. presidential elections. U.S. West Texas Intermediate (WTI) crude futures were at $44.90 at 08-07 GMT, virtually […]


Commercialization, Conventional Fuels

Oil prices rebound after Algeria says all options open at OPEC meeting

September 26, 2016

Via: Reuters

Crude prices rebounded on Monday after Algeria’s energy minister said the day before that all options were possible for an oil output cut or freeze at this week’s informal meeting of OPEC producers. That came after prices tumbled 4 percent […]


News and Policies, World

Oil refiners discuss residue upgrading as a route to increasing margins

August 3, 2016

Via: Energy Global

The consequences of a low crude price impacts major investment projects for many companies. Some economies are more vulnerable to low crude prices such as those that are highly dependent on oil-associated revenues, especially in the area of export. The […]


Commercialization, Conventional Fuels

These oil drillers may benefit most as crude markets rebalance

June 16, 2016

Via: CNBC

Some analysts are taking a brighter view of some U.S. drillers as consensus grows around the idea that supply and demand in oil markets will balance out sooner than expected. Crude prices have recovered about 85 percent to roughly $50 […]