Yergin said some of the Iranian oil has already been taken out of the market and the drop in oil prices is also pinching Iran, which has been engaged in talks with a group of six nations on its nuclear program. So far, Iran refuses to abandon its uranium enrichment program, denying it ...
Against this backdrop, Iraq's strategic importance becomes more prominent, and it increasingly becomes one of the geopolitical pillars that the United States cannot afford to lose, Liu said, noting that once withdrawing its troops, the U.S. will lose its ability to intervene in Iraq, leading ...
Massachusetts gas prices have gone up about 5 cents over the last week, at around $3.37 per gallon. "Oil prices took a slight breather last week, falling by about one percent, but it could just be a rest stop on the way to higher prices," said Mark Schieldrop, Senior Spokesperson for...
They will monitor unemployment and inflation as the two biggest factors to see if further cuts are needed and how soon.” Danielle Hale, chief economist at Realtor.com Prediction: Rates will moderate “Before January, mortgage rates are likely to climb a bit higher as markets digest the latest...
Gas expense will drop soon - Mid-summer cost could fall to $1.50 a gallon, some say.(Business)Convey, Eric
There are four reasons why I expect prices to drop a lot more. First, during the last decade commodity producers were caught by surprise by the surge in demand. Their belated response was to ramp up production dramatically, but since there is a long lead-time between intention and supply, ...
It has since settled back to a price of about $100 per barrel. This drop will be felt by consumers in the form of some easing of prices at the pumps, but that may not last. How did we get here? To understand better the situation ...
The long term, the stock is a buffer between supply and demand and help stabilize oil prices, has played the role of a stabilizer, the increase in oil inventories, low oil prices will push oil prices, high oil prices throw oil inventories will cause a drop in oil prices. However, short...
How Soon Will World's Oil Supplies Peak? ; the Question Provokes Hot Debate among Experts, as Concerns Rise That America Isn't Prepared for a Dropoff 来自 questia.com 喜欢 0 阅读量: 7 收藏 报错 分享 全部来源 求助全文 questia.com 相似文献...
but for now I remain doubtful that it is big enough to cause a lasting decline in the price of gasoline. I would not be surprised if the price starts heading higher again. Crude oil prices have already started heading higher again. This could be a long-...