While today's pop is certainly welcome news for investors, each company's stock is down significantly since the beginning of the year. What happens from here? Image source: Getty Images. So what The Motley Fool's Tyler Crowe has been all over the developments in the niche oil and gas ind...
What's more, Garcia said, even if Q4 results were down year over year, they "remained very strong," and CAI maintained 99.2% utilization of its container fleet. Now what Although management did not include guidance for the new year in its earnings release, Garcia said that "with utilization...
Today, the world’s economy is largely dependent on fossil fuels such as crude oil, and the demand for these resources often sparks political unrest, as a small number of countries control the largest reservoirs. Like any industry,supply and demandheavily affect the prices and profitability of c...
About 160 oil tankers were sanctioned and India— a key buyer of seaborne barrels — won’t permit the ships into its ports once a wind-down period ends in March. If they stay in place under Trump, the measures have more chance of disrupting Russia’s exports of petroleum than anything...
The U.S. is the largest producer of crude oil, which begs the question: why are we still paying so much? "It is because that oil is traded on a global market. So, today the price of oil per barrel is about $120. People are paying that in countries all ov...
manufacturing chips for outside designers. the move hasn't worked out; the unit struggles to grow its customer base and bleeds cash. intel's ceo stepped down a few months ago as a result of that failure. if intel successfully spins off its foundry arm, it could drive value for both of...
The industry manufactures petroleum and renewable diesel using the same process. The difference is that one uses below-ground crude and the other uses above-ground oils. Both get refined the same way. “Renewable diesel, much like biodiesel, is derived from waste agricultural products, particularly...
Reviews
“I refuse to say something is not possible when it comes to the price of a commodity,” says Brian Splitt of AgMarket.Net. “2020 saw the price of crude oil trade at -$40 per barrel, and I have been humbled by the market numerous times. So, to say we can’t see those prices...
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. "If this trend holds, it may remove some of the extrem...