Home Oil at $95 a Barrel Discovered in SEC Rules on Reserves: Energy
 

Keywords :   


Oil at $95 a Barrel Discovered in SEC Rules on Reserves: Energy

2015-03-04 23:12:44| Energy - Topix.net

The U.S. Securities and Exchange Commission requires drillers to calculate the value of their oil reserves every year using average prices from the first trading days in each of the previous 12 months. Because oil didn't start its freefall to about $45 till after the OPEC meeting in late November, companies in their latest regulatory filings used $95 a barrel to figure out how much oil they could profitably produce and what it's worth.

Tags: on rules energy sec

Category:Energy and Environment

Latest from this category

All news

23.11Idées de CADRES No.83
23.11 12BOX PREMIUMpack 25th
23.11V2box
23.11
23.11 &
23.11DVD('97/)E11387
23.117
23.11
Energy and Environment »
23.11Idées de CADRES No.83
23.11 12BOX PREMIUMpack 25th
23.11V2box
23.11
23.11 &
23.11DVD('97/)E11387
23.117
23.11
More »