Crude Oil Price Forecast 2015 and 2016

Crude Oil Price Forecast 2015 and 2016 -The crude oil price has relentlessly trended lower all year to an unimaginably low price of $37 of just a few days ago (september 2015), falling from $100 a year ago. The severe bear market has not only caught many market commentators off guard but has had a […]

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Lowest oil price

“Summer is when refineries are all running hard, so actual demand for crude is as good as it gets,” Seth Kleinman, London-based head of energy strategy at Citigroup Inc., said by e-mail. OPEC’s biggest members are pumping near record levels to defend their market share and U.S. production is withstanding the collapse in prices and […]

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The oil price drop

In 90 seconds explained.

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