Tag Archives: crude oil price

Firms Gain from Lapses in Oil Investments Contracts

Past oil investments by large oil firms resulted to a total windfall of more than $2.5 billion, thanks to a bungled lease contract.

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Price disparity exists despite overall decline in current crude oil prices

Despite a general decline in crude prices, there’s a wide gap between WTI-Brent crude prices and accessibility to WTI supply is a key factor.

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Oil Price Increase with Fed Positive Economic Outlook

Oil prices increased after the Federal Reserve strengthened its projection of the economic growth of the United States.

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Kingdom of Saudi Arabia Determined to Reduce Oil Prices

Saudi Arabia said that it is determined to do everything it can to lower the prices of oil.

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Iranian Average Crude Oil Price Reach $120 a Barrel

Prices of oil coming from Iran recently reached a high level of $120 a barrel.

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Why India need not worry about High Crude Prices

India worries that high oil prices may result to an increase in costs of retail items. But, there are five reasons why it is too early to have those concerns.

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