Energy Sector

Oil Futures Scale on Hopes of Reduced Supply as Russia Plans to Talk to OPEC Members

Oil Futures Scale on Hopes of Reduced Supply as Russia Plans to Talk to OPEC MembersOil futures gained from the news that Russian officials are considering talks with OPEC members to mull over ways t

Gas not Equally Cheap for Everyone

Crude Futures Slide to Retest the $30 Level as Iraq Raises Oil OutputWhen most states in the United States enjoy extra cheap gas, Californians always pay a little more than the rest.

Crude Futures Slide to Retest the $30 Level as Iraq Raises Oil Output

Crude Futures Slide to Retest the $30 Level as Iraq Raises Oil OutputOn Tuesday, the crude futures dropped once more to retest the level of $30 per barrel as the market got nervous with news that

Oil Futures Rise Ten Percent as Bearish Traders Move to Gather Profits

Oil Futures Rise Ten Percent as Bearish Traders Move to Gather ProfitsVolatility in the oil market in recent times has presented drops and upticks in oil futures prices and the instability now seems to be quite normal.

Oil Price Slump Greatly Hitting Energy Companies like Freeport-McMoRan

Oil Price Slump Greatly Hitting Energy Companies like Freeport-McMoRan The drop in oil and commodity prices has taken its toll on many companies globally and the same goes for Freeport- McMoRan, one of the largest producers of copper and gold in the world.

US Crude Oil Price Hits Another Low as Inventory Builds Up

US Crude Oil Price Hits Another Low as Inventory Builds UpOn Wednesday, U. S. oil prices slipped further to lower than $27 per barrel. It's the lowest level noted since 2003. The investors are caught amidst a slump in price and an oil supply glut that's taking a toll on the oil prices globally. However, there is no sight of relief and oil continues it's down ward swing dropping greater than twenty five percent this year till now.

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