kresna thufail

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Oil prices are plunging, so why isn’t gas cheaper?

When the price of crude oil dips to $38 per barrel, as it did Monday, drivers have traditionally been rewarded with lower prices at the pump. Yet the …

Oil

Why the oil price is falling

THE oil price has fallen by more than 40% since June, when it was $115 a barrel. It is now below $70. This comes after nearly five years of …

How the Crude Oil Market Works

Unless you're an oil company executive or the ruler of a petroleum-exporting Middle Eastern nation, hearing "The price of a barrel of oil went up …

Oil Prices Fall, and the Global Economy Wins

Oil is in the middle of one of its steepest selloffs since the financial crisis, with prices on the international market falling 18 percent since …

America's Going to Lose the Oil Price War

The financial debacle that has befallen Russia as the price of Brent crude dropped 50 percent in the last four months has overshadowed the one that …

Oil

Why Chevron, Shell and Even the Mighty ExxonMobil Are Retrenching

NEW YORK ( The Deal) -- In the oil and gas business, when the going gets rough, the tough sell assets.<p>Amid this rough patch, the sellers so far have …

Oil & Gas Industry