Tag Archives: oil prices

Oil Price War May Benefit Both US Shale and Saudi Arabia

Who will win the oil price battle, Saudi Arabia or US capitalism and shale producers? Probably both; US oil producers are taking unparalleled steps to lower their costs. By the same token, Saudi Arabia is the king of the oil markets for a reason – geologically it is essentially the perfect oil producer

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Has the U.S. Reached ‘Peak Oil’ at Current Price Levels?

The depletion of tight and shale gas reserves in parts of the US at a faster rate, may lead to cost pressures down the road. If prices don't rise to offset those higher drilling costs then the US production will start declining.

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Why Pump Prices Haven’t Fallen as Fast as Oil Has

Oil prices have plunged almost 60%, yet gasoline is only a third cheaper.

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Causes and Consequences of Plunge in Oil Prices

While volatility in oil markets will likely persist, prices are expected to remain soft over the next few years. The declining prices present a unique window of opportunity to reform inefficient fossil fuel subsidies everywhere, says a new World Bank estimate.

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Sliding Oil Prices Still Yield a $90b 2014 for Big Oil

The big five oil companies remained profitable despite steep dip in oil prices, making $16.4 billion in the last quarter of 2014 and $89.7 billion for the entire year.

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Oil Prices: Will the Gulf States Run Out of Power?

How vulnerable are the Gulf economies to low oil prices and how will they cope if the current slump continues?

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