Executives at Pemex said they have now achieved their goal of stabilizing years of declines in oil production and that the company is “on a…
Tag: Cheap Oil
Crude oil sells below $6 per barrel in some parts of Texas
A report states, while crude oil is selling for more than $25 per barrel on the New York Mercantile Exchange, “WTL Midland, a type of…
Oil ends year down 25%, its worst annual showing since the crash of 2015
Stockpiles at a key storage hub in Oklahoma probably rose 1.2 million barrels last week, according to a Bloomberg survey of analysts released Monday. Despite…
The collapse in oil prices, now hovering around $45 per barrel in the U.S
Currently national gas prices at the pump average around $2.34 a gallon.
Three year OIL (WTI) Price Commodity Chart
The price of oil is the most important value on the international commodity markets.
Cheap Oil is no longer a good thing for the U.S Economy
Previously, the decline in oil prices was definitely beneficial to the American economy, but now the situation is more complicated and this principle no longer…