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Tag archive for ‘oil prices’
By Brandon Jones On Tuesday, January 29th, 2019
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US adds sanctions to Venezuela’s oil, Russia and China speak out against the move

National Security Adviser John Bolton said President Nicolás Maduro and his allies could “no longer loot the assets of the Venezuelan people” as part of the announcement of increased sanctions against More...

By Bobby Kachelries On Tuesday, November 6th, 2018
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Secretary of State Mike Pompeo Questioned by Chris Wallace for Going Easy on Iran Sanctions

On Sunday, Secretary of State Mike Pompeo appeared on “Fox News Sunday.” During the segment, host Chris Wallace took on Pompeo over the Trump administration’s upcoming sanctions on Iran, beginning More...

By Brandon Jones On Friday, November 2nd, 2018
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US tops 11.3 million barrels per day for a record high in August, becoming the ‘World’s largest oil producer’

Monthly U.S. oil production hit a record high in August, making the nation the world’s largest oil producer. New numbers from the federal Energy Information Administration show monthly production reached 11.3 More...

By Guest Author On Monday, October 15th, 2018
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Higher fuel costs will cause Airline tickets to cost more

High crude oil prices could fuel a jump in ticket prices for people flying during the holiday travel season, according to a Purdue aviation professor. Yi Gao, an associate professor in aviation management for the More...

By Guest Author On Thursday, March 15th, 2018
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Five Things Likely to Get More Expensive in 2018

Today’s economy is a global economy. No longer to countries run independently from one another; markets are networked and connected like never before. A poor wheat crop in the U.S. can cause hunger and price hikes More...

By Brandon Jones On Saturday, February 10th, 2018
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Newsbusters: Media ‘reluctant’ to call collapsing Venezuela ‘socialist’

Media watchdog Newsbusters took aim at the press over their avoidance of the “S-word”: socialism. “As Venezuela plunges deeper into humanitarian crisis, the broadcast and cable networks barely More...

By Guest Author On Wednesday, April 12th, 2017
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Global Energy: A Look Into the Future of the Shale Oil Market in North America

The shale boom had a significant impact on financial markets and thousands of US jobs were created to keep pace with demand, all of which prompted OPEC members to reduce oil prices and increase production, back More...

By Guest Author On Friday, March 31st, 2017
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Recovery Prospects Expected For The Oil Industry In 2017

In November, 2016, OPEC members and Russia decided to cut a total of 1.758 million b/d, marking the largest production cut meant to speed up global oil market rebalancing. Brent crude oil prices then sharply rose. More...

By Brandon Jones On Tuesday, January 24th, 2017
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President Trump signs Executive Orders to clear Dakota Access, Keystone Pipeline to move forward, critics angry

President Trump signed executive orders Tuesday clearing the way for the Dakota Access and Keystone XL oil pipelines to move forward. Critics wasted no time to speak against the move. Trump also signed an executive More...

By Guest Author On Friday, October 28th, 2016
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Amec Foster Falls 20%, European Shares Remain Flat on Thursday

European shares remained flat on Thursday after early fluctuations. Earnings reports led to the fluctuations, with Amex Foster shares falling 20% on the day. Banking and pharmaceutical stocks helped stabilize the More...

By Guest Author On Tuesday, September 27th, 2016
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Crude Oil Price Forecast: What to Expect by the End of the Year

Fluctuations in the price of crude oil have always affected the economic and financial status of countries around the world. High crude price has led to a positive economic outlook for oil exporters. On the other More...

By Guest Author On Monday, August 29th, 2016
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Petroleum Fuels America

Where would the USA be without petroleum? Ever since it was discovered, petroleum has been responsible for keeping the economy chugging along, thanks to petroleum distribution companies like Petroleum Wholesale. More...

By Guest Author On Tuesday, July 12th, 2016
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Global Oil Execs Predict Steady Rise in Crude Prices during Balance of 2016

During a recent speech at the Economic Club of Washington D.C., BP chief executive Bob Dudley echoed the sentiments of other global oil leaders, predicting that the crude oil prices which have been sitting at historic More...

By Guest Author On Wednesday, May 4th, 2016
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New Data Generates Robust Petroleum Rally

On Wednesday April 6, the Energy Information Administration released its estimate of petroleum inventories and to the surprise of most in the market, they reported a large draw of crude oil. The draw cannot be completely More...

By Guest Author On Monday, April 25th, 2016
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Oil levels down as the prices soar

The severe drop in the oil prices at the end of 2015 which continued into the mid of January 2016 caused the Gulf economies to panic. The investors were worried about their investments in the oil companies. The More...

By The Dispatch On Monday, March 23rd, 2015
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Full transcript: Ted Cruz speech at Liberty University March 23, 2015

This is a transcript of Ted Cruz’s speech at Liberty University on March 23, 20155, officially announcing his intention to run for President. TED CRUZ: Good to see you.  (APPLAUSE) Thank you. (APPLAUSE) Thank More...

By Guest Author On Wednesday, March 11th, 2015
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From Fuel to Engine: Gas Vs. Diesel

We all know that there is a distinction between a gas and a diesel engine, but when it comes to knowing what the basic differences are and which is the best choice for your car or generator, that question is not More...

By Brandon Jones On Wednesday, February 25th, 2015
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President Obama vetoes Keystone Pipeline bill

President Obama on Tuesday, as promised, vetoed the Republican led bill approving the Keystone XL oil pipeline, pointing to the long State Department analysis project as an important means to assess the proposed More...

By Brandon Jones On Friday, January 2nd, 2015
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US, Saudi, OPEC blamed for lowing oil prices to hurt Russia, Iran

Why are gas prices dropping? How low with the price of oil fall? Questions that the most ignorant American may be thinking as they see prices plunge lower and lower. Even as prices began dropping, fingers pointed More...

By Brandon Jones On Tuesday, December 16th, 2014
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Goldman Sachs: Lower oil prices to cause loss of $1 trillion, many projects ‘unprofitable’

The global oil industry will face a loss of $1 trillion as producers will be forced to cancel a number of key projects if oil prices stay below $60, says Goldman Sachs. Tuesday’s Brent crude trading at $59.9 More...


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