Tag Archives: Crude oil

Crude-Oil Prices Rise Again

Once again crude-oil prices are rising, but this time it’s due to OPEC’s new agreement with other big producers to limit their output of oil for another nine months. OPEC hopes that this extension to limit their output will continue … Continue reading

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Oil Prices Are Up But Energy Shares Are Not

Oil prices are starting to finally recover from a 3 year slump that has hurt investors’ returns and the outlook for energy shares. Crude oil prices have risen by more than 10% the past year from production cuts by major … Continue reading

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Oil Prices Declined Ahead of Hurricane Irma

Oil prices lowered on Friday as investors feared the potential impact of Hurricane Irma on refineries located on the east coast. Light, sweet crude oil futures for October delivery declined by $1.61, or 3.3% to $48.48 a barrel on the … Continue reading

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Takeaways from International Petroleum Week

The International Petroleum Week, hosted in London, is an excellent opportunity to gauge the standing of the oil industry, with traders and executives making the trip from around the world. Only a year ago, the event boasted a somber mood, … Continue reading

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