Post Tagged with: "global oil prices"

Oil prices fall 1% as global demand concerns grow

Oil prices fall 1% as global demand concerns grow

Source: Reuters


NEW YORK (Reuters) – Oil prices fell more than 1% on Monday after comments from a U.S. official stymied hopes that a U.S.-China trade deal would be reached soon, prompting renewed concern that a slowing global economy would …

Source: Freeport LNG

How Investing in the American LNG Boom Backfired on Toshiba

From Bloomberg

 

  • Toshiba to pay ENN unit to take over its U.S. LNG business
  • Toshiba soured on Freeport deal when energy prices crashed

Buy high, sell low and guarantee a loss. It’s not exactly what Toshiba Corp. planned when …

November 9, 2018 - 11:22 am Closing Bell Story‎, International, LNG
History Says the Right Price for Oil is $50

History Says the Right Price for Oil is $50

EnerCom Analytics’ September Industry Trends Report Examines Oil Prices

The current price of oil may feel low given the fading memories of $100 per barrel oil back in 2014. But in a longer term historical context, we are on the …