Crude Oil Price Hits May 2015 High At $67 Per Barrel

Oil price wednesday hit $67 per barrel for the first time since May 2015, before dropping to $66.27 despite the supply disruptions in Libya and the North Sea. The prices of both crude futures fell after hitting a near two-and-a-half year high in the previous session as analysts said the rally was gradually running out of… Please follow and like us:

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Will The Oil Industry Listen To Investors?

“Is the oil industry ready to give investors what they want?” asks a new research note from equity analysts at Sanford C Bernstein. After nearly three years of industry instability, as the price of oil has remained depressed, oil majors have cut costs and mega projects have been put on ice, is the industry finally ready… Please follow and like us:

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