Post Tagged with: "Supply and demand"

Source: CNBC

Oil heads for another weekly slide after coronavirus turmoil

CNBC


Oil prices moved between gains and losses on Friday, following a two-day winning streak that saw West Texas Intermediate gain more than 40%. The turn lower game despite some producers like Kuwait said they would move to cut output …

For Coal to Come Back, 3 Things Must Happen

For Coal to Come Back, 3 Things Must Happen

The inevitability of coal’s decline–that perception will probably change: Pipes

To set the stage for a coal comeback, one factor is already in place

Within minutes after his inauguration, President Trump posted a memo on the White House website entitled …

Oil Prices Tumble as Saudi Oil Minister Says ‘No Chance’ of Production Cuts

Oil Prices Tumble as Saudi Oil Minister Says ‘No Chance’ of Production Cuts

“There is no sense in wasting our time seeking production cuts” – Ali al-Naimi

Both U.S. and international benchmark crude tumbled more than 4% this morning after making gains in the last week. The culprit was the comment from Saudi …

Oil Prices Up as IEA Sees Balance in 2017

Oil Prices Up as IEA Sees Balance in 2017

U.S. light tight oil production expected to fall 600 MBOPD in 2016

Oil prices are up more than 7% and 5% for WTI and Brent crude, respectively, today as news from the International Energy Agency forecasts production falling amid a …

Oil Price Recovery Would Take 18 Months if it Started Today – Continental Resources VP

Oil Price Recovery Would Take 18 Months if it Started Today – Continental Resources VP

An Oil & Gas 360® exclusive interview with Kirk Kinnear, vice president of crude logistics and hedging at Continental Resources

Market volatility has crude oil prices making huge swings, both up and down, with markets reacting to even just a …