Price volatility plays havoc with costing and investment planning, forcing some oil companies into a holding pattern in the hope of greater certainty over future returns.
Price volatility plays havoc with costing and investment planning, forcing some oil companies into a holding pattern in the hope of greater certainty over future returns.
OPEC has regularly stated its willingness to talk to other producers in its latest Bulletin seems merely to reiterate this. Margaret McQuaile investigates.
(Wed, 02 Sep 2015) A new study by the U.S. Energy Information Administration (EIA) on the potential implications of allowing more crude oil exports finds that effects on domestic crude oil production are key to determining the other effects of a policy change. Gasoline prices would be either unchanged or slightly reduced. Trade in crude oil and petroleum products would also be affected.
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