Even with the premium, Triumph's stock still trades about 70% below where it did in 2014. For existing holders the deal either represents a solid return or, if nothing else, resolution, depending on how long they have held the shares. For those who are not currently invested, there is l...
Noble deals with fallingoil prices Noble stock dropped 8% on a poor day for the oil markets. Crude oil prices fell nearly $1.50 per barrel, remaining below $50 and spurring concerns about the sustainability of the rebound in the energy sector.Noble has been volatile latelyas investors have g...
Gasoline prices usually rise and fall with the cost of oil, and crude has also been dropping. The U.S. benchmark price is down nearly one-fourth since early June. Other factors are also behind this year’s roller-coaster ride in energy prices. WHAT IS HAPPENING? Gasoline prices hit ...
"Any predictions of the number of cars in 2050 that ignores depletion of fossil fuels and minerals is unlikely to be accurate." Very true. And we all know that depletion predictions are accurate: "By the year 2000, if present trends continue, we will be using up crude oil at such a ra...
Oil prices were falling sharply on Monday. West Texas Intermediate, the U.S. benchmark, declined 6% to $67.50 a barrel. Brent crude, the international standard, dropped 5.6% to $71.37 a barrel. Both contracts are down more than 10% over the past three mo
of around $300,000 per day. Now, the fear factor has been contained. Charterers of very large crude carriers (VLCCs, tankers that carry 2 million barrels of crude) have said “enough” and are holding firm against sky-high prices. Rates, while still very high, are rapidly falling back...
Crude Oil Production Has Increased 290 kb/d in The Last 4 Months After Falling 1.06 mmb/d From Apr 2015 to Sept 2016. Source: EIA February 2017 STEO and Labyrinth Consulting Services, Inc. Related: Energy Storage Set To Boom In 2017 EIA does not predict that WTI oil prices will exceed ...
Drivers may see some relief with the price of crude oil falling below $100 a barrel on Tuesday, down from $123 after Russia invaded Ukraine. Prices at the pump fell by two pennies to $4.31 a gallon on Tuesday, according to AAA.
This article is commentary by an independent contributor. At the time of publication, the author held no positions in the securities mentioned. OpinionInvesting By Andrew Sachais Start Conversation TheStreet Daily Newsletter Sign up today for our free newsletter and you'll receive an exclusive report...
Why is the rupee depreciating against the dollar (70 INR/1 USD)? Is it a temporary phenomenon? What are the chances of the rupee to regain its value? What is the reason behind rupee depreciation in August 2013? When crude oil prices are falling currently then why rupee is also de...