Articles by tag: Oil prices

High Energy Consumption Continues to Weigh on the Price of Gas and Its Recurrent Rise

Recently, energy consumption and production are in the limelight and because of that navigating the complexities of the energy market and its implications on the economy require expertise and nuanced understanding. From the role of renewable energy in the infrastructural landscape of Texas to the geopolitical influences of crude oil prices, such insights are […]

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Seasonal Trends Aren’t Shaving Off Energy Prices Like Before. Predictions Indicate Gas Demand Will Continue to Uptick

As we cross the halfway mark of 2023, stakeholders in the energy sector are grappling with the changing landscapes of oil, gas, and renewable resources. A volatile year of varying energy prices has underlined the critical need for analysis and prediction. With a stark 41 percent decrease in the price of natural gas and […]

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Global Oil Demand Skyrockets with China Re-open for Business

Three years of strict COVID policies in China ended in December 2022. This reopening of China’s economy pushes global oil demand to hit its highest-ever level. International Energy Agency estimates indicate oil demand could surge by 1.9 million barrels per day for a record-setting 101.7 million barrels per day. “China will drive nearly half […]

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2023 Oil Price Instability: Rystad, Goldmand Saches, JP Morgan Analysts Predict High Prices to Come

2023 oil price instability remains likely as compounding research from oil analysts points to pent-up demand, new waves of COVID-19, OPEC+ production cuts, and more are creating scenarios for higher oil prices in 2023. Several factors are stacking to keep oil prices high next year. Some analysts have been countering this narrative in recent […]

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Why Have Oil Prices Dropped And What to Make of China’s Reduced Demand

Oil prices have dropped to their lowest level since before the war in Ukraine, after Saudi Arabia and other OPEC+ countries were reported to be considering increasing their output after China’s tightened COVID restrictions. Will significantly-low oil prices genuinely hurt the outlook for U.S. demand, and what other geopolitical forces are at play? Economist Tim […]

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What Another 15 Million Barrel Tranche Means for Oil and Gas Prices

According to Washington Post, the United States is regarded as the world’s oil barrel of last resort, but what does it mean for hundreds of millions of Americans when depletion becomes an addressable concern? On October 19, “the Biden administration announces another 15-million-barrel tranche to come out of the Strategic Petroleum Reserve (SPR) for […]

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Energy
Hurricane Ida Proves to be Another Blow to US Gas Prices

Inflation is already causing headaches for consumers, so the threat of Hurricane Ida’s direct hit on the nation’s oil and gasoline industry leaves many wondering if this means we should expect to see higher gas prices. Tyler Kern wanted to get Jay R. Young is the Founder and CEO of King Operating Corporation about […]

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emotional healing and resilience
Emotional Healing and Resilience: Dr. Ted Wiard’s Insights on ‘Through the Storm’
April 25, 2024

Navigating through significant personal loss and trauma requires more than just time; it demands emotional healing and resilience. The latest episode of Through the Storm tackles this complex topic with guest Dr. Ted Wiard, the Clinical Director and Founder of Golden Willow Counseling, who shares his profound experiences and professional expertise in overcoming life-altering […]

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absenteeism
EdTech Solutions Need to Design Learning Environments Students Crave to Reduce Absenteeism
April 25, 2024

A recent TIME feature showcasing the world’s top edtech companies offers a glimpse into the innovations shaping education globally. Companies from Singapore, the UK, Brazil, China, and the U.S. are at the forefront, demonstrating the pivotal role educational technology plays in transforming learning environments. This shift is particularly timely, as the COVID-19 pandemic has […]

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Challenge Your Industry
April 25, 2024

In today’s competitive landscape, simply meeting industry standards is insufficient for long-term success. Businesses must strive to exceed these benchmarks by creating unique and memorable customer experiences, as demonstrated by companies like Netflix and Shoreline Construction. Netflix transformed the movie rental industry by challenging conventional practices. Instead of requiring customers to visit stores and […]

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business and personal well-being
Balancing Business and Personal Well-being: Insights from Kathryn Farrell on Growthwell
April 25, 2024

In the latest episode of the Growthwell podcast, host Josh Byrd engages with Kathryn Farrell, CEO and Co-Founder of Scopa Health, in a thought-provoking discussion on maintaining a healthy balance between business and personal well-being. This conversation provides the setting against a backdrop where business leaders increasingly recognize the importance of well-being alongside professional […]

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Are Oil Prices Going to Keep Rising?
July 7, 2021

Daniel Hynes, Senior Commodities Strategist at Australia & New Zealand Banking Group Ltd., discusses the outlook for oil, which climbed back above $76 a barrel after OPEC+ ended days of talks without reaching a deal to bring back more halted output next month. Host: What are you expecting in terms of prices, given what we’re […]

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OPEC+ May Raise Output by 500,000 BPD
July 2, 2021

Energy Aspects analyst Amrita Sen says that OPEC and its allies are likely to raise output by “anything up to 500,000 barrels per day” even as the cartel doesn’t have the capacity to meet potential increased summer demands. Tune in below as OPEC+ heads for a meeting that could prove crucial for oil prices.   […]

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Oil Producers Face a Long Haul Back to Business as Usual
January 20, 2021

(Bloomberg) This is no time for the world’s oil producers to start adding supplies to the global market if they want to drain a glut that built up because of Covid-19. That’s the conclusion that comes out of the latest monthly forecasts published by the world’s three major oil agencies — the International Energy Agency, the […]

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How Hurricane Dorian is Affecting the Oil and Gas Industry
September 4, 2019

Hurricane Dorian is pummeling the east coast of the United States after wreaking havoc on the Bahamas. On the September 4th episode of Business Casual, Daniel Litwin and Tyler Kern talked to Tim Snyder, the President of Matador Economics and a noted oil and gas industry expert. They discussed the impact of the storm on […]

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