Oil prices have fallen dramatically since August – and, rather counter-intuitively, this could be a bad thing. As of late October, the price of oil has fallen from US$110 per barrel (bbl) to below US$85…
Helium plays an important role in breathing devices and it mostly comes as a by-product of petroleum production.
There are good reasons why Venezuela’s oil has been trading at a discount.
The dramatic and unexpected 20% fall in oil prices since mid-June has caused alarm in Scotland, the UK and indeed worldwide. Why did oil prices slump to a four-year low of US$84 (£52) per barrel this week…
Investors who think oil is a good long-term bet should read this first.
And a US blockade of the strait of Hormuz is unlikely to ease the situation.
Since the summer, the global price of oil has plummeted. After hovering above the US$100 per barrel level since 2010, prices have declined by around 40% in the space of just a few months. Brent crude has…
Recent tensions progressing to conflict in Iraq have raised concerns that world prices for oil will rise after a period of relative price stability that’s masked significant changes in supplies. Conflict…
Even in more peaceful times, oil is considered to be one of the world’s most volatile commodities.
How the cost of what we eat rises and falls.
