Tag Archives: Organization of the Petroleum Exporting Countries

OPECs Clash With U.S. Lubricant Is Nearing Its Day of Supposing

The clash between OPEC and America’s oil industry is reaching a day of reckoning. The U.S. shale change is on course to be the greatest oil and gas boom in record, turning a nation once at the benevolence of foreign imports into a global actor. That seismic switch shattered the dominance of Saudi Arabia and … Read More

Hedge-Fund Investors Pour Into Oil as Firms Predict Surge to $80

Hedge-Fund Investors Pour Into Oil as Firms Predict Surge to $80 By Suzy Waite @KenlyWaite8 More storeys by Suzy Waite Updated on Westbeck’s intensity money recovered earlier losses from this year — including a double-digit decreased to February — and is now up 11 percentage through April 19, according to Chief Operating Officer Jari Habib. … Read More

Oil Resurrection Sets Stage for Another OPEC-Shale Clash in 2018

Oil continued its resuscitation from the most difficult disintegrate in a generation, with prices mounted for a second annual income after a year commemorated by typhoons, Countries of the middle east conflict and the struggle between OPEC and U.S. shale. Futures are up more than 12 percent in 2017, having registered a bull market in … Read More