Oil prices have started 2025 strong, defying expectations of a downturn fueled by worries about slowing demand. Click to read.
and as long as we have oil at those prices, we can just keep on going. what you're really saying is that the breakevens came down to that only because people were forced to fire sale their services at prices that would eventually drive them out of business. they managed to get through...
Oil prices are driven by demand from industry for plastics, fuels, and also by supply constraints by producing countries. But the real determinant of prices comes from OPEC, who artificially control production to force prices up to suit their needs. OPEC cartel is amonopoly, whom President Trump...
Imperial Oil: A Canadian Cannibal, With Constant Share Repurchases (NYSE:IMO) - Seeking Alpha Financial Analysis Price to Book Value: P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.Underperform ...
LONDON, April 2 (Reuters) – Royal Dutch Shell last year experienced a sharp rise in the number of oil spills caused by pipeline theft in Nigeria, which the company said were the result of larger output and higher oil prices. The number of spills caused by sabotage and theft in the Niger...
SCO: I Don't See A Case For Shorting Crude Oil In 2025 - Seeking Alpha Tue, 06 Feb 2024 Top Performing Leveraged/Inverse ETFs: 02/04/2024 - ETF Database Wed, 13 Sep 2023 Oil ETFs Power Higher With Rising Oil Prices - Investopedia ...
Weighted Alpha -3.85 5-Day Change -2.71 (-3.77%) 52-Week Range 63.60 - 77.54 1D 5D 1M 3M 6M 1Y 5Y MAX Full Chart Crude Oil WTI ICE Futures Market News and Commentary Expectations for US Tariffs on Canada and Mexico Boosts Crude Prices Barchart - Thu Feb 27, 2:18PM CST ...
Secondly, oil production increases are likely to lag oil price rebounds by at least a few months. That’s because companies will likely want to make sure that the prices remain elevated before ramping up their production. While Exxon, BP, and Chevron will benefit meaningfully from...
The latest development follows the Libor rigging scandal and the raids carried out in May 2014 on the oil majors BP, Shell and Statoil, seeking evidence of manipulation of oil prices. By John Donovan On Tuesday, investigators for the EU Commission raided several companies producing and trading in...
At the outset of the 2014 oil collapse, slacking oil demand growth was often cited as a major contributor to the sharp decline in oil prices. In September 2014, the International Energy Agency (IEA) stated “The recent slowdown in demand growth is nothing short of remarkable”. The I...