As prices rise from $35, the Saudis increase production at the fastest rate we have seen since (suggesting an attempt to respond to demand and moderate prices), but then as prices continue to rise, they respond less and less. Why increase production at all if they just wanted prices to ...
The article talked of a gas glut, weak prices in the range of $4 per million British thermal units, and surging produc- tion of shale gas. All of this "creates more competitive concerns for Alaska natural gas," Mulva was quoted as saying. He added that due to abundant cheap gas, ...
On becoming chief executive officer of the Canadian division last September, Jean-Michel Gires told reporters oil prices of US$80-$85 per barrel would be needed to yield an acceptable return from the com- pany's estimated 3 billion barrels of oil sands reserves. Even at $80 per barrel, ...
The effects of declining prices for metals are starting to be felt at the operating metal mines and except for a few projects, the exploration sector continues to wallow in the doldrums, which have plagued the industry since 2013. That said, the tire- kicking of earlier this season has ...