When it comes to the price of oil, geopolitical volatility is usually a tailwind. However, when it comes to what big oil CEOs worry about the most, these… OPEC+ Tapering Mechanisms Will Continue To Dictate Oil Prices Nov 06, 2024 at 16:49 | Alex Kimani Oil markets witnessed choppy tradi...
(Bloomberg) — Nigeria expects a 30% increase in crude and condensate output as authorities... hemanthaa@mail.com 5 hours ago 0 View all blogs → Energy General Oil (General) The Oil General Forum focuses on long term changes, bigger picture analysis, discussions, mostly but not completely ...
EIA Short Term Energy Outlook Oil Price Forecast Peak price 2023Q4 at $87.7/bbl (WTI), $92.7/bbl (Brent). WTI forecast below: Guest Contribution: “How Political Tensions and Geopolitical Risks Impact Oil Prices” Today we are pleased to present a guest contribution by Jamel Saadaoui (Univers...
On October 28, 2024, the Brent crude oil price stood at 71.63 U.S. dollars per barrel, compared to 67.38 U.S. dollars for WTI oil and 71.59 U.S. dollars for the OPEC basket. This was a decrease of nearly three U.S. dollars compared to the previous week, following an escalation of...
Pierre Andurand, an oil-focused hedge fund manager made headlines when he said oil companies won’t invest in new production, thus suggestinga $300 a barrel oil pricewas “not impossible” within a few years. Since investors believe green energy is ready for prime time, investment in oil ex...
Energy Metals Agriculture & lumber CommodityLast price/ contractToday's change1-year trendLow52-weekHigh Natural Gas As of Nov 15 2024 21:59 GMT. 2.84 USD+0.052 +1.87% 1.48Mar 26 20243.39Jan 09 2024 Brent Crude Oil As of Nov 15 2024 22:59 GMT. ...
. Norway has established the largest sovereign fund in the world to hedge against oil price decline, ever since the discovery of north sea oil fields. Norway has non-petroleum industries such as fishing, maritime, renewable energy, etc. I doubt if oil price is the major driver of the ...
Every time gas prices rise, millions of U.S. motorists take notice. No other consumer product has prices so prominently displayed or frequently discussed.19Since the 1970s, U.S. politicians have frequently blamed OPEC for energy price increases. ...
Chris Fournier
Every time gas prices rise, millions of U.S. motorists take notice. No other consumer product has prices so prominently displayed or frequently discussed.19Since the 1970s, U.S. politicians have frequently blamed OPEC for energy price increases. ...