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Tag: oil prices
Todays oil prices rise as US distillate inventories drop forecast
2014-01-28 01:00:00| Offshore Technology
Oil prices rose today following forecast of drop in the US distillate inventories, which would prompt demand for heating oil due to bitter winter cold in northern countries.
Could Just-Right Oil Prices Be a Reality?
2014-01-24 18:35:27| OGI
A new report predicts crude prices are likely to be range bound over the next five years, potentially setting up a Goldilocks scenario for producers and consumers. This is an anomaly for the industry, which is used to seeing booms and busts, but hardly anything between.
Tags: prices
oil
reality
oil prices
Today's oil prices fall after reports of contraction in Chinese manufacturing sector
2014-01-23 01:00:00| Offshore Technology
Oil prices fell today as China's factory sector performance declined sharply in January to a level indicating contraction in business activity, which clouded future oil demand.
Tags: reports
prices
fall
chinese
Today's oil prices rise with robust demand outlook from IEA
2014-01-22 01:00:00| Offshore Technology
Oil prices rose today after International Energy Agency (IEA) forecasts rise in oil consumption by 1.3 million barrels a day (mbpd), with acceleration of economic growth.
Today's oil prices slip as dollar strengthens
2014-01-20 01:00:00| Offshore Technology
Oil prices fell today as the dollar index reached its peak compared to six major currencies since mid-November, prompting traders to stop buying oil due to heavy prices.
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