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Category Archives: Oil Prices

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Industry Expects US Shale Growth to Offset Global Production Problems

Posted in Energy Costs, News, Oil and Gas Operations, Oil Prices
As a sustained upward trend in U.S. shale growth continues, industry analysts predict it will offset the current production problems in the near future.  In recent months the energy market has been heavily influenced by a series of demand-side developments, and investors are continuing to monitor the escalating trade conflicts between the United States and… Continue Reading

The Impact and Opportunities of Falling Oil Prices

Posted in Oil Prices
A year ago, on March 12, 2014, the Organization of the Petroleum Exporting Countries (OPEC) published its Monthly Oil Market Report announcing the price of oil was $108.55 per barrel for ICE Brent crude and $100.03 per barrel for Nymex West Texas Intermediate crude.  From the point of view of an oil producing state, the… Continue Reading