Low oil prices having forced some producers out of business, WTI and Brent oil prices edge up as the oversupply shrinks STEVE AUSTIN | 2016/05/11 Crude oil was at a 13-year record $25 low in mid-January 2016 and has soared more than 70 per cent since. The battle is on again. We are talking about […]

Proof of widespread bribery did not affect oil prices which remained oscillating below $40. TOBIAS VANDERBRUCK | 2016/04/06 The Brent Crude Index hit $27.1 on January 20th this year – its lowest point since June 2003. The index’s lowest point in the last 20 years was at $10.19 back in December 1998. As the price […]

Oil price volatility is ramping up and coincides with the 3 to 4 year cycle previously demonstrated. TOM THERRAMUS | 2016/03/01 The numbers say that these should be the best of times for America. The economy has been growing for five years. Unemployment is low. Inflation is almost nonexistent and gas is cheap. Yet, many […]