IEA Stockpile Release Riles OPEC
Oil – Short-term price cut may boost ailing economies, but resulting friction with the oil cartel could have long-term implications on price stability.
Oil – Short-term price cut may boost ailing economies, but resulting friction with the oil cartel could have long-term implications on price stability.
Gas – Shale gas has already been dubbed a ‘game changer’ for US energy markets - these three hotspots may prove to be just as fruitful.
Oil – A brief look at 3 oil exploration hotspots, all of which have already produced multi-billion barrel finds of recoverable crude in the last few years, and that may still hold much more.
Crude Investing News reports crude oil fell due to inventories. Inventories of crude oil dropped 978,000 barrels to 337.4 million, the report showed. A 2 million-barrel gain was forecast by analysts. Supplies are 10 per cent above average. Imports fell 4.6 per cent to 9.1 million barrels a day last week. At just under $70 [...]
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