News

Oil Markets Rallying, Recovering from 2016 Lows

Thursday, March 24, 2016

Oil Markets Rallying, Recovering from 2016 Lows

Oil prices hit highs for the year last week as the price of a barrel climbed above $40, helping rally what has been a slumping oil market. The climb in price comes as suppliers are hopeful that foreign oil products will strike an agreement next...

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Could the Oil Industry Get Bailed Out?

Tuesday, January 19, 2016

Could the Oil Industry Get Bailed Out?

If you gone to fill up your gas tank recently, you’ve surely noticed that gas prices are continuing to drop. This decline is tied to the dropping cost of oil, which has, in turn, started to put...

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Another Month of Ups and Downs for Oil

Wednesday, December 16, 2015

Another Month of Ups and Downs for Oil

As we all know when it comes to the oil market, things change quite frequently. One week filling up your gas tank can cost $4 per gallon, while it can be less than $2 for a gallon...

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Russia Refusing to Adjust for Greater Good

Friday, September 04, 2015

Russia Refusing to Adjust for Greater Good

“If oil prices stay low longer enough, supply will go down naturally.” This, according to Arkady Dvorkovich, Deputy Prime Minister of the Russian Federation, is the theory driving Russia’s decision to not cut oil production. Russia intends to continue to flood the...

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