Many oil market observers are wondering if the current price slide of almost two years has reached a bottom or is close to doing so? Of course only hindsight can answer that question, but the first signs of a recovery are emerging. For instance, motor fue…
Many oil market observers are wondering if the current price slide of almost two years has reached a bottom or is close to doing so? Of course only hindsight can answer that… https://oilandenergyonline.com/articles/all/signs-emerge-oil-recovery/
It’s well known that in response to the U.S. shale oil boom, OPEC (more specifically, Saudi Arabia) opted to eschew production cuts that would support prices. They chose instead to maintain output, preserve market share and allow prices to fall, for the p…
It’s well known that in response to the U.S. shale oil boom, OPEC (more specifically, Saudi Arabia) opted to eschew production cuts that would support prices. They chose instead… https://oilandenergyonline.com/articles/all/eliminating-crude-oil-overproduction/
Residential heating oil prices on the East Coast averaged 78.5 cents weaker than the same time last year, at $2.187 per gallon on January 4, according to survey data from the Energy Information Administration’s (EIA) State Heating Oil and Propane Program …
Residential heating oil prices on the East Coast averaged 78.5 cents weaker than the same time last year, at $2.187 per gallon on January 4, according to survey data from the… https://oilandenergyonline.com/articles/all/mild-start-pumps-inventories/
Two primary factors that have been moving the oil markets over the last year and a half are global oversupply and declining U.S. shale oil production. When crude and products have to be stored at sea because onshore storage is tight, and when EIA reports …
Two primary factors that have been moving the oil markets over the last year and a half are global oversupply and declining U.S. shale oil production. When crude and products have… https://oilandenergyonline.com/articles/all/rebalancing-oil-supply-and-demand/
If you sell a dollar-denominated commodity, as oil product retailers do, your business is affected by whether or not the Federal Reserve hikes interest rates. If they do, the U.S. dollar strengthens, likely resulting in lower oil product prices.
If you sell a dollar-denominated commodity, as oil product retailers do, your business is affected by whether or not the Federal Reserve hikes interest rates. If they do, the U.S.… https://oilandenergyonline.com/articles/all/will-fed-raise-interest-rates-year/
The home heating oil market in the U.S. Northeast has, much like gasoline nationwide, undergone a period of increasing heterogeneity due to varying sulfur content regulations among the constituent states.
Although specific state-level upper limits on s…
The home heating oil market in the U.S. Northeast has, much like gasoline nationwide, undergone a period of increasing heterogeneity due to varying sulfur content regulations… https://oilandenergyonline.com/articles/all/challenges-northeast-supply-picture/
It is generally acknowledged that the two biggest contributors to the current plunge in oil prices are oversupply and flagging demand in China. For this reason, the situation in China warrants further examination.
It is generally acknowledged that the two biggest contributors to the current plunge in oil prices are oversupply and flagging demand in China. For this reason, the situation in… https://oilandenergyonline.com/articles/all/overt-signs-suggest-china-faltering/
No doubt consumers are delighted with falling oil prices. It’s a windfall of pocket money and the gift that keeps on giving. Regrettably, there are formidable forces arrayed against the consumer that aspire to halt the current price trend and perhaps reve…
No doubt consumers are delighted with falling oil prices. It’s a windfall of pocket money and the gift that keeps on giving. Regrettably, there are formidable forces arrayed… https://oilandenergyonline.com/articles/all/who-opposed-lower-oil-prices/