Oversupply in 2016 will continue to weigh down on both the global oil markets and the US natural gas market, resulting in a noticeable decline in capital spending and a rise in defaults among firms in the sector, predicts Moody’s Investor Service. Source: News
As crude price falls oil demand climbs – but not uniformly
Behavior that defies logic implies deficiency either of the logic itself or of companion analysis. If this were not so, economists could not charge for their work. Source: News
Forecasting oil prices
Oil price forecasts are of immediate interest and importance to many industries, central banks, private forecasters, and international organizations. Source: News
Watching Government: Remembering Bob Locke
Exchanging holiday cards helps keep us in touch with long-time, faraway friends. It also can let us know when someone we like has passed on. Source: News
State evaluates proposed Vancouver, Wash., crude-by-rail project
The Washington State Energy Facility Site Evaluation Council (EFSEC) on Jan. 5 held the first of three public hearings on its draft environmental impact statement of a proposed Vancouver, Wash., crude oil terminal. Source: News
ConocoPhillips CEO sees opportunities in low cost-of-supply projects
ConocoPhillips will emphasize North American unconventional oil and gas projects amid depressed oil and gas prices because technology is still driving costs down and improving their economics, Chief Executive Officer Ryan M. Lance said. Source: News
Risk of unrest tied to budgetary strains from low oil prices
Which oil-producing countries face the greatest risks of civil unrest as low crude prices strain national budgets? Source: News
8 Jan 2016 16:00:00 EST – The latest stock information is now available for your stocks
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