Oil declined after tanker-tracker Petro-Logistics SA said OPEC’s supply in July will be the highest this year.
July 21, 2017Business, Fuel
Oil Seen Stuck in $50 to $60 Range as Shale Blunts OPEC Action
The world should get used to oil prices between $50 and $60 a barrel as falling costs in America’s shale fields counteract OPEC’s renewed commitment to supply management.
October 18, 2016Business, Fuel
BP Says Technology Can Keep Oil and Gas Abundant, Affordable
Technology can be used to increase the world’s proven oil and gas reserves by two-thirds — almost double the amount needed to meet demand through 2050 — keeping energy supplies plentiful and affordable, according to BP.
November 3, 2015