News

Analysts Project Oil Market to get Much Worse

Tuesday, October 06, 2015

Analysts Project Oil Market to get Much Worse

In the latest sentiment crude will plummet by over 100% from its current figure to below $20 per barrel, investors continued to sell of their shares in the commodity. In another blow to the already crippled market, producers are being advised to...

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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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Crude Stirring Wave of Darkness Throughout Texas

Wednesday, April 08, 2015

Crude Stirring Wave of Darkness Throughout Texas

Thanks to hydro fracking, the Texas oil industry turned out unprecedented volumes since 2010. Billions of dollars have been made, thousands of jobs were created and small town economies from Maverick to Leon counties have prospered over...

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