Khalid al-Falih, President and CEO of state-owned Saudi Aramco, said that while prices are “too low for everybody,” it is not …
The price of West Texas Intermediate (WTI) exceeded Brent for the first time since July 2013 today, before closing at $48.63 – just $0.14 below its spot price counterpart. In an interview with Bloomberg, John Kilduff, a partner at Again …
In its Oil Market Report sent to clients today, DNB Bank’s Oslo research team led by oil market analyst Torbjørn Kjus, said “we now believe prices have dropped to unsustainably low levels …
At 30.05 MMBOPD, OPEC member countries are today realizing approximately $1.453 billion less (using a WTI price) in gross revenue per day than they did six months ago. Since Saudi Arabia announced its decision back on November 27, 2014, to …
Yesterday a client said, “It feels like 1986.” We haven’t heard that since 1986, and that year was a pivotal one.
The United Kingdom and France announced plans to construct the …
