News

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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Why Global Oil Companies Won’t Cut Production

Friday, October 16, 2015

Why Global Oil Companies Won’t Cut Production

A market component driving down oil prices may surprise many privy to the market. An inordinate number of oil producing countries aren’t responding to the market climate and continuing production as normal. This despite the plummeting price of the resource thanks to...

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No End in Sight for Oil Market Woes

Tuesday, October 13, 2015

No End in Sight for Oil Market Woes

Tough times continue in the oil market. With prices having dropped once again to below $47 per barrel, after briefly jumping 3% as a conclusive overreaction, estimates show price per barrel to dip well into the thirties, even. Though...

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OPEC? Fracking? Why the Oil Market is Doomed

Monday, October 05, 2015

OPEC? Fracking? Why the Oil Market is Doomed

Oil prices have wreaked havoc on the market over the past year. Most people have pointed to OPEC as the reason prices have plunged and thousands of U.S. oil workers are out of work. But is OPEC really to blame for the drop ...

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Russian Aggression in Syria and what they’re up to

Monday, October 05, 2015

Russian Aggression in Syria and what they’re up to

Vladimir Putin’s order to begin bombing targets in Syria this week has reminded the world not much has changed in Moscow. But on the same token, it has leaders wondering exactly what Russia’s ultimate strategic goal is with the aggression in Syria. ...

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Some Theorists Propose Oil Market Not that Free

Tuesday, September 22, 2015

Some Theorists Propose Oil Market Not that Free

The oil market is continuing to struggle with no end in sight. With the price per barrel having dropped under $50 by nearly $10 since the end of the summer driving season—pre-Labor Day—the market keeps getting hit. And with factors at play...

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Oil Demand Wont Buoy Crippled Market

Tuesday, April 28, 2015

Oil Demand Wont Buoy Crippled Market

In 2013, vehicles in the US achieved an all-time record for fuel economy at 24.1 miles per gallon, which is five miles per gallon more than a decade ago. This...

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