Crude Oil Prices The logic behind strong oil rally: US oil inventories down again Exactly as some analysts anticipated, the EIA, the US Energy Information Administration, released its much-awaited data yesterday while conf... Thursday, 31 December 2020
Crude Oil Prices Steady oil price: is another drop in US crude oil inventories in the offing? Oil price is on the rise and the EIA, the US Energy Information Administration, has not released its latest US oil inventory report yet – ... Wednesday, 30 December 2020
Crude Oil Prices Why are investors still fond oil markets? There is a reason! We are, in more than one way, living in the greatest crisis since the Second World War. Yet, our lives go on, at a relatively slow pace, o... Tuesday, 29 December 2020
Crude Oil Prices Oil price outlook in 2021: encouraging signs of a stable recovery Oil price recovery continued on Monday when markets opened for business after a very quiet Christmas. Despite the absence of usual Boxin... Monday, 28 December 2020
Crude Oil Prices Russia supports OPEC+ production hike in February: signs of oil price recovery Russia says it will support the move by the OPEC+ - OPEC + Russia – to increase the production of oil by 500,000 barrels per day, most pro... Sunday, 27 December 2020
Crude Oil Prices Oil price remains strong: clear signs of Coronavirus fatigue Oil price does not seem to be dependent on the Coronavirus news any more whether the latter comes in the form of spikes, waves or even the... Friday, 25 December 2020
Crude Oil Prices Oil price forecast from models: not a substitute for an investor's instinct Change Weekly Data: Data Source: EIA "You don't need to be a rocket scientist. Investing is not a game where the gu... Thursday, 24 December 2020
Crude Oil Prices Why does oil price remain high despite uncertainties? EIA data sheds ligh on the development Oil price remains fairly buoyant despite the ripple effect of the new variant of the Coronavirus that almost drowned the hopes of the effi... Thursday, 24 December 2020
Crude Oil Prices Cairn Energy wins an arbitration in its favour in India Cairn Energy PLC, an independent, UK-based oil and gas exploration, development and production company, has won arbitration against the In... Wednesday, 23 December 2020
Crude Oil Prices Coronavirus New Strain: Oil price remains fairly stable Change Period: Data Source: EIA The news about the new Coronavirus strain, quite unfairly, stigmatized the United Kingdom... Wednesday, 23 December 2020
Crude Oil Prices Oil prices extend gains and rig count shows a healthy growth There is plenty of bad news on the Coronavirus front, especially in Europe, owing to the discovery of a new strain that has the potential to... Sunday, 20 December 2020
Crude Oil Prices Oil price boom continues despite the gloomy forecasts Oil price rise continued throughout the week despite worrying economic activities due to increased virus infections - across the world. It... Saturday, 19 December 2020
Crude Oil Prices Electric Vehicle Boom: Toyota CEO talks about the elephant in the room Electric charging points are mushrooming in the Western world and so is the visibility of electric vehicles on our roads with an ever incr... Friday, 18 December 2020
Crude Oil Prices Oil price goes up as EIA forecasts a decline in oil inventories The EIA, the Energy Information Administration of the US, once again proved its undisputed influence in determining the trend of crude... Thursday, 17 December 2020
Crude Oil Prices Bitcoin smashes through $20k barrier In a further sign of economic recovery, the value of Bitcoin moved above $20,000 for the first time since its inception, taking the cryptocu... Wednesday, 16 December 2020
Crude Oil Prices Oil price shows remakable resilience despite negative factors Despite the usual negative factors weighing heavily on the price of crude oil, we haven’t seen a price crash, forecast by some analysts in t... Wednesday, 16 December 2020
Crude Oil Prices Oil prices show signs of recovery despite strict lockdowns The oil price shows signs of recovery despite the obvious impact on it due to new lockdowns in Europe. The lockdown are relatively stric... Tuesday, 15 December 2020
Crude Oil Prices European lockdowns: the need of innovative ideas for the airline industry As major European nations stare into the abyss of yet another lockdown, the ghost of economic consequences creates disturbing ripples in e... Tuesday, 15 December 2020
Crude Oil Prices US oil rig count falls - oil price dropped too! The US rig count, a reliable indicator to reflect the scale of demand of crude oil, went down during the last few days, despite showing a ... Sunday, 13 December 2020
Crude Oil Prices US Oil Inventories: sudden hike may affect oil price The US crude stocks, according to the EIA, the Energy Information Administration data, have gone up by a few million barrels, bucking the tr... Friday, 11 December 2020
Crude Oil Prices Energy from Renewable Sources: it's still just 11% in the US The above graph shows that the energy obtained from renewable sources in the US was just 11% in 2019, despite the growing enthusiasm for goi... Thursday, 10 December 2020
Crude Oil Prices Challenges against the Green Energy: wind turbines Wind turbines are propping up along certain shore lines – off-shore as well – in proportion to our Green ambitions. They do make some cont... Wednesday, 9 December 2020