In its Summer Fuels Outlook, The U.S. Energy Information Administration predicts that real diesel and gasoline prices will be at their highest levels since 2014, to average at $3.84 per gallon...
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The US Energy Information Administration (EIA) forecasted that the price of oil will remain higher than $100 per barrel in the coming months. These announcements could impact energy markets, particularly the increase in oil...
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On Thursday, February 24, Brent crude jumped to more than $100 per barrel for the first time in more than seven years. Additionally, the U.S. West Texas Intermediate crude soared to as...
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The energy industry is composed of oil and gas, nuclear, utilities, coal, as well as alternate energy firms. However, for many, it’s the oil and gas exploration, drilling, and refining...
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An extraordinary mixture of factors has been brewing within the world energy markets, and the shortage in global energy supplies is spilling into the oil market. This Reuters article highlights some current conditions which is...
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The energy industry plays a very essential role in the economy’s growth. This ever-growing industry includes the oil and gas sector, which helps the economy by oil and gas drilling,...
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There are a lot of reasons why qualified investors choose to diversify their portfolios by investing in oil and gas. One compelling reason is the substantial tax deductions afforded by...
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Qualified and approved investors choose to invest in oil and gas due to a number of reasons, but one of the most compelling ones is the tax benefits. This can...
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The United States controlled oil prices and was the world’s largest producer of oil up until the mid-20th century. OPEC, or the Organization of the Petroleum Exporting Countries then ruled...
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Similar to any commodity, the oil and gas market sectors are affected by global demand, inventory levels, production, aggregate economic figures, and interest rate policies. To predict the future of...
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