Update for Bradbourne & Parwich Heating Oil Club Oil prices have remained fairly static over the last few weeks with a minor drop in some areas this week as the weather turns warmer. The rate and offer details for our clubs group orders for this weekend are as follows: Rate: £0.4015 ( per litre […]
via Oil Price This Weekend — PARWICH.ORG
The latest trade figures on Chinese/Russian trade should be further warning to the U.S. that economic sanctions do not work. In May 2017 Russian and China agreed to increase bilateral trade to $80 billion by the end of 2018. Well, they’re a year ahead of schedule. The official figures for 2017 came in at $84.07 billion. […]
via Surging Russian-Chinese Trade Pressures Petrodollar — Gold Goats ‘n Guns
By Karolin Schaps and David Dolan ISTANBUL (Reuters) – The world might be heading for an oil supply shortage following a steep drop in investments and a lack of fresh conventional discoveries, Saudi Aramco’s chief executive said on Monday. Unconventional shale oil and alternative energy resources are an important factor to help meet future demand […]
via Aramco CEO sees oil supply shortage as investments, discoveries drop — The Crusader Journal
Last Friday I wrote about the single rig-drop in the Baker Hughes U.S. rig count, noting that it could be an early harbinger of a second-half 2017 slowing of the somewhat frantic pace of drilling we saw during the year’s first six months. We’ll need to wait to see what happens in the next two weeks […]
via U.S. Shale Industry Is Nimble, Except When It Isn’t — DB DAILY UPDATE
The U.S. Energy Information Administration reported this morning that crude oil inventories dropped by more than 5 million barrels last week and gasoline inventories by 200,000 barrels. Crude oil…
via Crude Oil Prices Move Higher on Oil, Gasoline Inventory Declines — 24/7 Wall St.
Orbis Research has announced the addition of the “Global Palm oil (crude) Industry 2017 Market Research Report: Market Size, and Forecasts” report to their offering. The Global Palm oil (crude) Industry Situation and Prospects Research report is a professional and in-depth study on the current state of the Palm oil (crude) industry. In 2016, the […]
