Post Tagged with: "oil forecast"

Average Monthly WTI Price is the Lowest Since June 2004

Average Monthly WTI Price is the Lowest Since June 2004

“Production from the North Slope of Alaska and the North Sea of Europe, burgeoning oil regions 20 years ago, is in decline. Unrest in Venezuela and Nigeria threatens the flow of oil. The Middle East remains the mother lode of …

Saudi Arabia Brushes Off Meeting Request, Goldman Sachs Eyes $20 Oil

Saudi Arabia Brushes Off Meeting Request, Goldman Sachs Eyes $20 Oil

Oil Bears out in Force before the Weekend

Oil prices and rig counts alike fell on Friday, with the former falling by about 2% and the latter reaching its lowest level in more than a decade. A handful of …

September 11, 2015 - 5:58 pm Commodity Pricing, International, Oil and Gas 360 Articles, OPEC
Oil Prices: Raymond James Slashes 2016 WTI Estimates by $10

Oil Prices: Raymond James Slashes 2016 WTI Estimates by $10

“The industry is set for a second straight year of painful austerity”

Overall, WTI has declined roughly 25% just from the end of June, when prices were hovering around $60. The uneasiness plaguing the oil and gas sector have been …