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From Car Lots to City Budgets, Cheap Oil Means ChangeProducers cut back MIDLAND, Texas -- A swift plunge in the priceof crude is sending shockwaves...Jackson, Henry C
There is of course no exact point at which this occurs; in theory oil will become progressively less “cheap” as the price rises and consumption growth will decrease progressively as a consequence. However, there will come a point at which the oil price becomes high enough to turn ...
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Expect the unexpected : the lower price of fuel may change industry dynamics over time and the benefits may be smaller than many believe / Jens Flottau [and three others] -- Oiling the gears : offshore helicopter operators brac...
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Following our blog last week on petrol prices predicted to reach a 2016 high, the ‘flash crash’ in the pound combined with rising Brent crude oil prices has now seen the Petrol Retailer’s Association (PRA) warn of a price rise of 5p – within the next few weeks. Brian Madderson, ch...
After years in which $100 oil was the norm, the price of Brent crude is now around a third of that. Assume for a moment that Russia and Saudi Arabia fail in their efforts to get the price back up. Will $30 oil change the world? The answer is yes, of course. Everything is connec...