Oil Prices: The impact of falling oil prices on your wallet


Oil Prices: Videos

Putin: World economy would collapse if oil prices.
Putin: World economy would collapse if oil prices.

Putin: World economy would collapse if oil prices.

President Putin held a presser on a close door meeting he had with Ukrainian President Petro.

Marc Faber: Low Oil Prices May Have Adverse.
Marc Faber: Low Oil Prices May Have Adverse.

Marc Faber: Low Oil Prices May Have Adverse.

3 (Bloomberg) -- Marc Faber, editor and publisher of The Gloom, Boom and Doom Report.

Oil Price Drop Signals Global Depression and WW3.
Oil Price Drop Signals Global Depression and WW3.

Oil Price Drop Signals Global Depression and WW3.

*Note: I have a correction @ 3:37 when citing oil prices reaching an all-time high of roughly.

OIL PRICES: Which Countries Are Hit Hardest? - YouTube
OIL PRICES: Which Countries Are Hit Hardest? - YouTube

OIL PRICES: Which Countries Are Hit Hardest? - YouTube

Oct. 15 (Bloomberg) -- On ���Single Best Chart,��� Scarlet Fu reports on the breakeven Brent oil prices.

Expect global oil prices to fall further: Jim Rogers.
Expect global oil prices to fall further: Jim Rogers.

Expect global oil prices to fall further: Jim Rogers.

Jim Rogers, chief executive of Rogers Holdings, says he is surprised by the sharp decline in.

Why are oil prices falling - explained in 60 seconds.
Why are oil prices falling - explained in 60 seconds.

Why are oil prices falling - explained in 60 seconds.

Subscribe to BBC News HERE http://bit.ly/1rbfUog Global oil prices have dropped sharply in.

Falling oil prices.what does it mean? - YouTube
Falling oil prices.what does it mean? - YouTube

Falling oil prices.what does it mean? - YouTube

Professor William Black, University of Missouri-Kansas City/The Best Way to Rob a Bank is to.

Inside Story - Whats driving oil prices down? - YouTube
Inside Story - Whats driving oil prices down? - YouTube

Inside Story - Whats driving oil prices down? - YouTube

The International Energy Agency said prices are likely to come under further pressure, as it cut.

OIL PRICES: Is $40 Oil Possible? - YouTube
OIL PRICES: Is $40 Oil Possible? - YouTube

OIL PRICES: Is $40 Oil Possible? - YouTube

1 (Bloomberg) ���- In todays ���Bart Chart,��� Bloombergs Mark Barton takes a look at Brent Crude.

The Real Story Behind Oil Prices - YouTube
The Real Story Behind Oil Prices - YouTube

The Real Story Behind Oil Prices - YouTube

David Knight takes the studio for Alex Jones and talks with Paul Craig Roberts about the truth.

Oil prices could fall further without OPEC output.
Oil prices could fall further without OPEC output.

Oil prices could fall further without OPEC output.

Subscribe to France 24 now: http://bit.ly/France24Subscribe BUSINESS DAILY : The price of.

USA-SAUDI ARABIA WILL PAY FOR THEIR OIL.
USA-SAUDI ARABIA WILL PAY FOR THEIR OIL.

USA-SAUDI ARABIA WILL PAY FOR THEIR OIL.

How exactly it was that Saudi Arabia would compensate the US for bombing the Assad.

Oil Slump: Prices fall past $50 for first time in 5.
Oil Slump: Prices fall past $50 for first time in 5.

Oil Slump: Prices fall past $50 for first time in 5.

Oil prices slumped to a five-year low today. With US crude briefly breaching the symbolic $50.

Saudi Arabias SECRET to Cause a MASSIVE Drop.
Saudi Arabias SECRET to Cause a MASSIVE Drop.

Saudi Arabias SECRET to Cause a MASSIVE Drop.

Saudi Arabia will force the price of oil down, in an effort to put.. So what Saudi camel jockeys.

The Real Reason for Falling Oil and Gas Prices.
The Real Reason for Falling Oil and Gas Prices.

The Real Reason for Falling Oil and Gas Prices.

In todays video, Christopher Greene of AMTV explains the real reason for falling oil and gas.

Larry Summers: Oil Prices Should Stay Down - YouTube
Larry Summers: Oil Prices Should Stay Down - YouTube

Larry Summers: Oil Prices Should Stay Down - YouTube

The acclaimed economist talks oil prices, energy independence, and Americas unavoidable.

Oil Prices: Photo Gallery

Oils Demand Destruction
Oils Demand Destruction

Oils Demand Destruction

Oils Demand Destruction

Oil price chart 1-12-09

Right Price for Oil? Not the Current One
Right Price for Oil? Not the Current One

Right Price for Oil? Not the Current One

Right Price for Oil? Not the Current One

Courtesy: https://www.flickr.com/people/61914078@N06/

2000s energy crisis - Wikipedia, the free encyclopedia
2000s energy crisis - Wikipedia, the free encyclopedia

2000s energy crisis - Wikipedia, the free encyclopedia

2000s energy crisis - Wikipedia, the free encyclopedia

Medium term crude oil prices

Price of oil - Wikipedia, the free encyclopedia
Price of oil - Wikipedia, the free encyclopedia

Price of oil - Wikipedia, the free encyclopedia

Price of oil - Wikipedia, the free encyclopedia

Oil prices, 1861���2011 (1861���1944 averaged US crude oil, 1945���1983 Arabian

Oil prices in future
Oil prices in future

Oil prices in future

Oil prices in future

Oil prices in future

Energy shares lead Wall St to worst day since early Oct
Energy shares lead Wall St to worst day since early Oct

Energy shares lead Wall St to worst day since early Oct

Energy shares lead Wall St to worst day since early Oct

Courtesy: https://www.flickr.com/people/92287895@N08/

WSJ, Financial Times Raise Issue of Oil Prices Causing Recession.
WSJ, Financial Times Raise Issue of Oil Prices Causing Recession.

WSJ, Financial Times Raise Issue of Oil Prices Causing Recession.

WSJ, Financial Times Raise Issue of Oil Prices Causing Recession.

oil price and recession.

Record decline in inflation in #Germany.
Record decline in inflation in #Germany.

Record decline in inflation in #Germany.

Record decline in inflation in #Germany.

Courtesy: https://www.flickr.com/people/126452132@N07/

iQuLAqAsgBHMNZ7zyc9fECqq.jpeg
iQuLAqAsgBHMNZ7zyc9fECqq.jpeg

iQuLAqAsgBHMNZ7zyc9fECqq.jpeg

iQuLAqAsgBHMNZ7zyc9fECqq.jpeg

iQuLAqAsgBHMNZ7zyc9fECqq.jpeg

Brent holds below $53 as oil falls to new 5-1/2 year low
Brent holds below $53 as oil falls to new 5-1/2 year low

Brent holds below $53 as oil falls to new 5-1/2 year low

Brent holds below $53 as oil falls to new 5-1/2 year low

Courtesy: https://www.flickr.com/people/92287895@N08/

World equities slump, led by energy as oil hits 5-1/2-year lows
World equities slump, led by energy as oil hits 5-1/2-year lows

World equities slump, led by energy as oil hits 5-1/2-year lows

World equities slump, led by energy as oil hits 5-1/2-year lows

Courtesy: https://www.flickr.com/people/92287895@N08/

World oil market chronology from 2003 - Wikipedia, the free.
World oil market chronology from 2003 - Wikipedia, the free.

World oil market chronology from 2003 - Wikipedia, the free.

World oil market chronology from 2003 - Wikipedia, the free.

Oil prices for Brent in US$

Asian shares tumble as oil gloom deepens
Asian shares tumble as oil gloom deepens

Asian shares tumble as oil gloom deepens

Asian shares tumble as oil gloom deepens

Courtesy: https://www.flickr.com/people/92287895@N08/

File:Oil Prices Short Term.png - Wikimedia Commons
File:Oil Prices Short Term.png - Wikimedia Commons

File:Oil Prices Short Term.png - Wikimedia Commons

File:Oil Prices Short Term.png - Wikimedia Commons

File:Oil Prices Short Term.png

No hope for oil price hike in near future
No hope for oil price hike in near future

No hope for oil price hike in near future

No hope for oil price hike in near future

No hope for oil price hike in

cold Plains oil on the roll
cold Plains oil on the roll

cold Plains oil on the roll

cold Plains oil on the roll

Courtesy: https://www.flickr.com/people/29578505@N03/

Asian shares slump as oil gloom deepens, euro falters
Asian shares slump as oil gloom deepens, euro falters

Asian shares slump as oil gloom deepens, euro falters

Asian shares slump as oil gloom deepens, euro falters

Courtesy: https://www.flickr.com/people/129557156@N04/

High-Priced Fuel Syndrome | Our Finite World
High-Priced Fuel Syndrome | Our Finite World

High-Priced Fuel Syndrome | Our Finite World

High-Priced Fuel Syndrome | Our Finite World

oil price per barrel,

History and Analysis -Crude OIL PRICES
History and Analysis -Crude OIL PRICES

History and Analysis -Crude OIL PRICES

History and Analysis -Crude OIL PRICES

Click on graph for larger view

Jordan Scott, Structures from Silence
Jordan Scott, Structures from Silence

Jordan Scott, Structures from Silence

Jordan Scott, Structures from Silence

Courtesy: https://www.flickr.com/people/127284637@N02/

How about $250 a Barrel? - Oil Change InternationalOil Change.
How about $250 a Barrel? - Oil Change InternationalOil Change.

How about $250 a Barrel? - Oil Change InternationalOil Change.

How about $250 a Barrel? - Oil Change InternationalOil Change.

about global oil prices���

Nikkei tumbles 2.6 pct on concerns over Europe, weak oil prices
Nikkei tumbles 2.6 pct on concerns over Europe, weak oil prices

Nikkei tumbles 2.6 pct on concerns over Europe, weak oil prices

Nikkei tumbles 2.6 pct on concerns over Europe, weak oil prices

Courtesy: https://www.flickr.com/people/92287895@N08/

Mike Hedges, Iowa Bluffs, Oil and Collage on canvas, 36 in. x 36 in.
Mike Hedges, Iowa Bluffs, Oil and Collage on canvas, 36 in. x 36 in.

Mike Hedges, Iowa Bluffs, Oil and Collage on canvas, 36 in. x 36 in.

Mike Hedges, Iowa Bluffs, Oil and Collage on canvas, 36 in. x 36 in.

Courtesy: https://www.flickr.com/people/127284637@N02/

Michael Finnegan, Countdown, Acrylic on Baltic Birch, 90 in x 42 in
Michael Finnegan, Countdown, Acrylic on Baltic Birch, 90 in x 42 in

Michael Finnegan, Countdown, Acrylic on Baltic Birch, 90 in x 42 in

Michael Finnegan, Countdown, Acrylic on Baltic Birch, 90 in x 42 in

Courtesy: https://www.flickr.com/people/127284637@N02/

Price of oil - Wikipedia, the free encyclopedia
Price of oil - Wikipedia, the free encyclopedia

Price of oil - Wikipedia, the free encyclopedia

Price of oil - Wikipedia, the free encyclopedia

Long-term oil prices, 1861���2011 (logarithmic graph)

Roger Pielke Jr.s Blog: OIL PRICES and Economic Growth
Roger Pielke Jr.s Blog: OIL PRICES and Economic Growth

Roger Pielke Jr.s Blog: OIL PRICES and Economic Growth

Roger Pielke Jr.s Blog: OIL PRICES and Economic Growth

Oil Prices and Economic Growth

History and Analysis -Crude OIL PRICES
History and Analysis -Crude OIL PRICES

History and Analysis -Crude OIL PRICES

History and Analysis -Crude OIL PRICES

Click on graph for larger view

File:Oil Prices Medium Term.png - Wikimedia Commons
File:Oil Prices Medium Term.png - Wikimedia Commons

File:Oil Prices Medium Term.png - Wikimedia Commons

File:Oil Prices Medium Term.png - Wikimedia Commons

File:Oil Prices Medium Term.

Legions of Gods. Stylised Gable Animals, Wat Benchamabopit, Bangkok, Thailand
Legions of Gods. Stylised Gable Animals, Wat Benchamabopit, Bangkok, Thailand

Legions of Gods. Stylised Gable Animals, Wat Benchamabopit, Bangkok, Thailand

Legions of Gods. Stylised Gable Animals, Wat Benchamabopit, Bangkok, Thailand

Courtesy: https://www.flickr.com/people/87453322@N00/

Wall St falls one percent, weighed by commodity stocks
Wall St falls one percent, weighed by commodity stocks

Wall St falls one percent, weighed by commodity stocks

Wall St falls one percent, weighed by commodity stocks

Courtesy: https://www.flickr.com/people/92287895@N08/

World equities slump, led by energy as oil hits 5-1/2 year lows
World equities slump, led by energy as oil hits 5-1/2 year lows

World equities slump, led by energy as oil hits 5-1/2 year lows

World equities slump, led by energy as oil hits 5-1/2 year lows

Courtesy: https://www.flickr.com/people/92287895@N08/

Oil hits five-and-a-half-year lows on supply glut
Oil hits five-and-a-half-year lows on supply glut

Oil hits five-and-a-half-year lows on supply glut

Oil hits five-and-a-half-year lows on supply glut

Courtesy: https://www.flickr.com/people/129557156@N04/

Oil Prices: Latest News, Information, Answers and Websites

Brent Oil Price Forecasts, 2015 - Business Insider

Forecasters and market participants disagree about the likelihood of a significant rebound in oil prices during the next 12 months, Goldman Sachs David Kostin wrote. Many clients share the view priced into the futures��.

News Analysis

By agreeing to reduce its output to 17.5 million barrels a day, a lower limit than had been expected, the Organization of Petroleum Exporting Countries has taken a step that raises doubts about predictions of further widespread oil price cuts. Few oil experts believe that OPECs agreement on Saturday to trim production by about 700,000 barrels a day will, by itself, tighten the oil market. Rather, they say, the accord is part of a strategy of holding the troops together in the hope that, as the days wear on, demand for oil will revive. In part, the production cuts were central to the effort to keep in line all 13 members, some of which have openly threatened to reduce prices unilaterally. Perhaps more importantly, they are intended to have a psychological impact - to dispel expectations of a price break.

Here is how low oil prices will shake things up in 2015 - Quartz

You can count on two things in the new year: oil prices will occasionally rise���as they have today. And one million barrels per day of new supply will join the already gushing global surplus, guaranteeing that prices also will��.

Right Price for Oil? Not the Current One

. In an ideal world, the price of oil for producers would be lower and more stable, while the average price for consumers would be higher and more stable, Edward Hadas of Reuters Breakingviews writes.

Oil prices still plummeting. How long will the tailspin last?

Oil prices plunged by half in just six months in 2014, and the big question now is what will happen to markets in 2015. Here are the top five factors that will determine the trajectory of oil prices in 2015.

Energy Crisis As Early As 2016 - Oilprice.com

Low oil prices today may be setting the world up for an oil shortage as early as 2016. Today we have just 2% more crude oil supply than demand and the price of gasoline is under $2.00/gallon in Texas. If oil supply falls too far��.

OPEC Holds Production Unchanged; Prices Fall

The 30 percent decline in oil prices in recent months has shaken the solidarity of the 12-member Organization of the Petroleum Exporting Countries.. Organization of the Petroleum Exporting Countries decides not to cut petroleum production despite plunge in oil prices that has highlighted groups diminishing clout; price of Brent crude oil falls to four-year low of about $73 on news, as American crude drops below key $70 benchmark; OPEC has been shaken over past months as prices have declined by more than 30 percent.

Will crashing oil prices make Russia, Iran and Venezuela more dangerous?

The plummeting price of oil is giving the economies of Russia, Iran and Venezuela a strong smack upside the head. And while the resulting crises before Russian President Vladimir Putin, the ruling clerics in Iran and the successor to Hugo Chavez in .

The impact of falling oil prices on your wallet

Most American consumers are delighted with the recent slide in the price of crude oil, which has lowered gasoline prices significantly. Falling gas prices have an effect on consumer prices. The most recent CPI report was released on Dec.17 and consumer .

Next The Economist explains: Why the oil price is falling

THE oil price has fallen by more than 40% since June, when it was $115 a barrel. It is now below $70. This comes after nearly five years of stability. At a meeting in Vienna on November 27th the Organisation of Petroleum��.

US oil price falls below $50 on supply glut fears

The US oil price fell below the symbolic threshold of $50 a barrel for the first time since April 2009, before finishing the day at $50.05. The price of Brent crude also fell on Monday, dipping 6% to $53 a barrel. The price of both Brent crude and US.

Blessed by Geography, Fujairah Flexes New Clout

The United Arab Emirates, a key OPEC oil producer, is turning its easternmost member, Fujairah, into a new base for crude oil exports and other vital infrastructure.

U.S. OIL PRICES Fall Below $80 a Barrel

Saudi Arabia reduced its price for oil to America, causing oil prices to decline.. Saudi Arabia reduces its price for oil exported to United States, causing benchmark American oil price to decline below symbolic $80-a-barrel threshold.

Falling Oil Price slows US Fracking - Oil-price.net

Recent falls in oil prices alter the financial dynamics of oil extraction. Certain sources of oil entail lower costs than others. For example, conventional pumped oil extraction in high pressure onshore wells costs relatively little to��.

Shale and the Falling Price of Oil

With global oil prices falling and falling some more, the Saudis dont want a repeat of 2008.. Joe Nocera Op-Ed column observes that Saudi Arabia seems uninterested in attempting to prop up falling oil prices as it has done in the past, demonstrating that it is tired of doing the heavy lifting for OPEC; argues that country is also anxious not to repeat mistakes of 2008, when it tried and failed to single-handedly alter prices, demonstrating a dangerous loss of clout.

Energy Agency Cuts Oil Demand Forecast, Adding to Pressure on Prices

The International Energy Agency said that demand for oil in 2015 was likely to be 230,000 barrels per day less than previously predicted.

2015 gas prices could avg. $2.64, lowest since 2009

Crude oil prices plunged again Monday, exacerbating Wall Streets New Years hangover. But crudes sell-off is expected to extend a record-breaking decline in daily gasoline prices and push 2015 pump prices to their lowest yearly average since 2009.

Implications of the Oil Price Collapse | Xconomy

Instead of developing a warmed over list of ���Top 10 Predictions for 2015,��� over the past few months I have been most interested in the implications from the collapse of oil prices around the world. We will see the obvious and��.

Oil prices at $50: Why a barrel of crude costs less than your shoes (+video)

Oil prices have continued their slide, briefly breaking the $50 per barrel mark on Monday. The last time that happened was the spring of 2009, when the global economy was reeling from the Great Recession. Just six months ago, oil prices were double.

Oil prices on course for biggest annual drop since 2008.

Thats about it for the 2014 business blog. A big thank you to all our readers. Before signing off for the year, here is a closing summary. Oil prices are on course for the biggest annual fall since 2008. Brent crude is trading��.

Cheap oil is killing my job

Were all out of jobs now: Jeff Sharpe got the bad news 10 days before Thanksgiving. He and 21 coworkers at a rig in Wyoming were laid off due to depressed oil and natural gas prices. All my friends and family keep talking (positively) about low prices.

Plummeting oil price casts shadow over frackings future

The theory is that Opec, led by powerful oil producers such as Saudi Arabia, is playing the long game ��� seeking to drive the fracking industry from boom to bust, stabilise prices well above their present level, and regain its place as the worlds pre.

As prices plunge, has Texas oil boom gone bust?

DALLAS ��� Oil wells and drilling rigs define the state, but does the plunging price of oil mean Texas has gone from boom to bust? Were not going to know if this is a bust unless it lasts an extended period of time, said Andrew Lipow, president of.

Lower oil prices could help Alberta, Saskatchewan: Kenney

Lower oil prices could end up helping Alberta and Saskatchewan by correcting a problem that had been plaguing their labor markets, says Employment Minister Jason Kenney. ���There are many people in Alberta and��.

Steep Slide in Oil Prices Is Blessing for Most

If history is any guide, its hard to see falling oil prices as anything but good news for everyone whose fortunes arent tied to oil.. James B Stewart Common Sense column observes it is hard to see falling oil prices as anything but good news for most of the worlds population; notes historically impact of cheap oil has been to stimulate global economic growth.

State Budgets Hit Hard By Falling Oil Prices | The Daily Caller

Alaska, North Dakota and Texas face a dramatic drop in revenue heading into 2015 because of plunging oil prices, which hit a six-year low Monday. The price of oil ��� recently $100 a barrel ��� dropped below $50 a barrel��.

News Analysis

Gasoline prices in the United States are expected to remain generally stable and possibly dip slightly over the next few months because of the failure yesterday of the oil ministers of the Organization of Petroleum Exporting Countries to agree on a uniform pricing policy. The result is particularly good news in view of the widespread expectation before and during the ministers meeting in Geneva that OPEC would agree to a range of prices between $34 and $37 a barrel, rather than the current $32 to $40. Had the new range been adopted, with its $34 minimum price, it would have increased gasoline prices in the United States, many of which are tied to the $32 price that Saudi Arabia charges for its basic crude. OPECs indecisiveness thus, in effect, saved American drivers 3 cents or more a gallon, oil analysts calculate. Good News for the Consumer Obviously this is good news for the consumer, said John H. Lichtblau, executive director of the Petroleum Industry Research Foundation.

Low Prices Lead To Layoffs In The Oil Patch - Oilprice.com

Low oil prices are beginning to have a dramatic effect on employment numbers in key shale states in the United States, with a ripple effect spreading to industries outside oil and gas.

Oil Prices Fall Again, and Stocks Follow Suit

The swoon in oil prices led to a steep decline in equities, as investors feared that the declining energy demand meant that the global economy was slowing.. Oil prices continue to fall, leading to steep decline in equities; many investors fear drop in oil demand may mean global economy is slowing.

Algeria, Dependent on Oil, Feels Pinch as Prices Decline

Like Russia, which has seen a full-scale run on its currency, Algeria has made little effort to diversify the economy away from oil and gas.

How Cheaper Oil Affects Mortgage Rates

Falling prices indirectly help lower the cost of borrowing.

Question #7 for 2015: What about oil prices in 2015?

But if someone asks why prices have fallen so sharply recently, the answer is supply and demand and that the short term supply and demand curves are steep for oil. The keys on the short term demand side have been the��.

Oil slides more, prices seek bottom after five and a half year low

People, I think, are further understanding that the U.S. is becoming a powerhouse in creating crude oil and thats not going to change anytime soon. Oil prices have plunged more than 55 percent since June, when Brent traded above $117 a barrel and U.

Cheaper Oil, Fatter Wallets and a National Opportunity

The drop in the cost of gas gives Americans more spending power, and might also make investments in infrastructure and the environment politically palatable.. Jeff Sommer Strategies column examines advantages posed by significant drop in oil prices; observes that hard-pressed American consumers now have more spending power; questions whether government will have willpower to devote some of windfall to items with long-term benefits, like repair and redevelopment of battered infrastructure and environmental initiatives.

Top five factors affecting oil prices in 2015

The big question is what oil prices will do in 2015. Oil prices are unsustainably low right now ��� many high-cost oil producers and oil-producing regions are currently operating in the red. That may work in the short-term, but over the medium and long.

Louisiana not the only state dealing with lagging oil prices.

While the state loses $12 million with ever dollar-per-barrel cut in oil prices, mineral revenue accounts for only 13 percent of general fund revenue in the last fiscal cycle, according to the Legislative Fiscal Office. The share of��.

Oil dips below $49 as sector faces Hunger Games

Other possible casualties of the sectors struggle for survival are the high-risk and reward exploration and oil production companies (EandP), ratings agency Moodys said Tuesday. If oil prices average $75 a barrel in 2015, then North American EandP.

Saudi Arabia Ready For $20, $30, $40 Oil - Oilprice.com

Saudi Oil minister Ali al-Naimi maintains the current oil price situation is nothing more than good economics with efficient producers deserving greatest market share.

Low Oil Prices Pave the Way for New Carbon Taxes

With the recent steep fall in oil prices and associated declines in other energy prices, it has become overwhelming. There is room for debate about the size of the tax and about how the proceeds should be deployed. But there should be no doubt that.

Why oil prices keep falling ��� and throwing the world into.

The plummeting price of oil is still the biggest energy story in the world right now. Its bringing back cheap gasoline to the United States while wreaking havoc on oil-producing countries like Russia and Venezuela. But why��.

Crashing oil prices to hit home-price appreciation

WASHINGTON (MarketWatch) ��� Home prices ticked up in November, supporting growth, but the pace could slow as the crash in crude-oil prices hits certain U.S. housing markets, according to a report released Tuesday. U.S. home prices inched up 0.1% in .

Australian share market down on oil price fall and fear of Greek eurozone exit

The Australian share market fell sharply on Tuesday as investors fretted about falling oil prices and speculation that financially embattled Greece would quit the eurozone. Energy stocks were pummelled, and the big miners and banks fell hard as the.

Saudi Oil Project Brings Skepticism to the Surface

Khurais, one of the planet’s last giant oil fields, could hold the key to the soaring price of gasoline around the world.

How Putin Forged a Pipeline Deal That Derailed

Russias energy minister and its energy giant, Gazprom, helped shape a Bulgarian bill for a pipeline that President Vladimir V. Putin sought to keep Europe dependent on Russian gas.. Russian President Vladimir V Putin bullied and urged Bulgaria for years to accept his plan for South Stream pipeline that would deliver natural gas throughout southern Europe, but he underestimated Wests response to his aggression in Ukraine and stopped project; serves as case study of how Putin has used energy as foreign-policy tool and wielded tools of crony capitalism in Europe and at home (Series: Putins Way).

Indonesia’s Central Bank Raises Benchmark Interest Rate as Gas Prices Jump

The new president’s first major policy move prompted an immediate response from Bank Indonesia to fend off an expected spike in inflation.. Bank Indonesia, countrys central bank, raises benchmark interest rate in response to policy move by President Joko Widodo sending gasoline prices higher.

As Stability Eludes Region, Western Oil Giants Hesitate

Problems in North Africa and the Middle East, where some governments owe many energy producers billions of dollars, are imperiling the relations between companies and countries.

How far do oil prices have to fall to throttle the US shale.

When oil prices were rising in the 2000s, many US companies found it profitable to go after hard-to-extract shale oil in places like North Dakota and Texas. This led to a massive tight oil boom, with US crude production rising��.

by ROBERT S. Pindyck

It is unlikely that the Iranian-Iraqi war will soon end and that either country will soon resume exporting significant quantities of oil. Both possess the will and resources to continue fighting for some time. Even if the level of hostilities declines considerably, without a real settlement neither would be able to rebuild its oil industry and resume production and exportation of oil. What does this mean for the world price of oil? If neither country exports any oil for another year or so, would this lead to a doubling or tripling of oil prices, as some people now fear?

Is Vacation Over?

We havent seen the ramifications of the drop in global oil prices yet.. Thomas L Friedman Op-Ed column suggests that period of geopolitical instability may be beginning if drop in oil prices continues for very much longer; recalls way steep and sustained falloff in oil prices led to global conflicts from 1986 to 1999; speculates on way drop in oil revenue will affect countries like Russia, Algeria, Iran, Turkey and Arab Gulf states.

Oil prices will go up again���are we ready?���commentary

Oil prices go down and America loses its resolve for an energy plan. Its time to change that, says SunEdison founder Jigar Shah.

OIL PRICES Extend Declines

Any meaningful disruption in oil supply, clear evidence of U.S. oil output slowing or improved demand fundamentals could lead to a sharp reversal in falling oil prices as spare capacity in oil markets is much lower than five to six years ago, says.

Airlines Expect Big Rise in Profits in 2015, as Fuel Costs Drop

A 26 percent jump in collective profit was forecast by an industry group, which also estimated passengers would see fares drop 5 percent on average.




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