Green Car Congress
OCTOBER 26, 2017
Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. The most near-term supply risk comes from Iraq. bank Citi said.
Green Car Congress
MARCH 23, 2017
It’s been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by OPEC to rebalance the market. And according to Iraq, the agreed-upon cuts have been all about exports all along. But Iraq is uniquely positioned.
Green Car Congress
MARCH 24, 2016
Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase. by Nick Cunningham of Oilprice.com.
Green Car Congress
OCTOBER 6, 2015
Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ). in 2015 and 2016 respectively). in 2015 and 2016 respectively). Live by Energy….
Green Car Congress
OCTOBER 25, 2015
In fact, Jeffries sees the spring of 2016 as a more critical deadline for struggling drillers hoping to keep their credit lines open. “We Maintaining access to finance can come at a price. The ratings agency cut its forecasted oil price for 2016 to just $48 per barrel. rig count has declined by more than half, U.S.
Green Car Congress
AUGUST 25, 2015
OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. percentage points. Their share of OPEC output increased to 26.6
Green Car Congress
NOVEMBER 6, 2015
One casualty of the oil price downturn could be the megaproject. The collapse of oil prices, however, could kill off the megaproject. That is a feature that is hard to overemphasize in today’s oil pricing environment. Maintaining access to finance can come at a price. by Nick Cunningham of Oilprice.com.
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