Tag: commodities

Energy Economics

There’s Limited Upside To Oil Prices Rising Above $60 Per Barrel In 2017

December 23, 2016

Via: Forbes

After the Organization of Petroleum Exporting Countries (OPEC) penciled in an oil production cut of 1.2 million barrels per day (bpd) to 32.5 million bpd on 30 November, the crude futures market rallied. Given that it was OPEC’s first move […]

Commercialization, Conventional Fuels, News and Policies, U.S.

U.S. refiners revamp operations as renewable fuel costs surge

September 9, 2016

Via: Reuters

U.S. oil refiners, beset by the weakest profit margins in six years, have been laying off workers, revamping operations and ratcheting up pressure on regulators and lawmakers to tweak the renewable fuel program, whose costs have ballooned. The top 10 […]

Commercialization, Conventional Fuels

Survival of fittest for commodities shipping firms in 2016

December 28, 2015

Via: Reuters

Shipping companies that transport commodities such as coal, iron ore and grain face a painful year ahead, with only the strongest expected to weather a deepening crisis caused by tepid demand and a surplus of vessels for hire. The predicament […]