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We are better informed but are we any the wiser
Author: Liz Bossley
Source: Oxford Energy Forum
WASHINGTON, Dec 16 (Reuters) – The United States appears on the brink of ending a four-decade-old ban on most exports of crude oil, an abrupt end to a years-long fight triggered by the domestic shale boom.
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Source:: Reuters UK Natural Resources […]
By hellenicshippingnews Oil fell on Wednesday on fresh evidence of growing global oversupply and as investors awaited the outcome of a U.S. Federal Reserve meeting where interest rates are likely to be raised, boosting the dollar and pressuring commodities. Brent LCOc1 was down 85 cents at $37 […]
By hellenicshippingnews Despite plummeting oil prices and a glut in global supplies, members of the Organization of the Petroleum Exporting Countries (OPEC), have decided to increase oil production levels amid growing disagreement among members over the strategy. OPEC, which provides one-third of global oil, recently decided to […]