crude oil

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Eight Factors That Influence Oil Prices

This is an excellent illustration by the CME Group that explains the many variables behind the price of crude oil and ultimately the price we pay for gasoline. Some of these factors are the increase in global demand as well as a fear of geopolitical conflicts that can create a great deal of uncertainty around the supply [...]

October 3rd, 2016|Categories: Latest Posts|Tags: , , , |

U.S. Oil Exports Rise 7-Fold in First 3 Months

U.S. Oil Exports Rise 7-Fold in First 3 Months The 40-year ban on exporting U.S. crude was lifted last December. Since then, there's been a seven-fold increase in America's oil exports to destinations other than Canada, which was excluded from the ban. The frenzy of export activity, while still relatively small, is noteworthy given the [...]

June 16th, 2016|Categories: Latest Posts|Tags: , |