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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The Global Privacy Revolution: Navigating the New Landscape of Data Collection and Integration
May 28, 2024

The Global Privacy Revolution: Navigating the New Landscape of Data Collection and Integration In today’s rapidly evolving digital landscape, the global emphasis on privacy is emerging as a powerful disruptor, fundamentally transforming how businesses collect and integrate customer data. This shift is not merely a regulatory hurdle but a profound evolution in societal values, recognizing…

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Continuous Improvement in Threat Assessment
Continuous Improvement in Threat Assessment Practices
May 28, 2024

In this episode of School Safety Today by Raptor Technologies, Michelle Dawn Mooney sat down with Dr. Marisa Randazzo to discuss the importance of continuous improvement in threat assessment practices.  Dr. Randazzo shares her extensive experience in threat assessment, emphasizing the importance of quality training and to regularly evaluate and enhance their threat assessment…

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Merging traditional craftsmanship with modern entrepreneurship
Culture and Craftsmanship with Sabah Founder Mickey Ashmore
May 28, 2024

In an age where mass production dominates, the art of craftsmanship and its profound impact on culture and community is increasingly rare. This rarity has brought craftsmanship into the spotlight, as consumers and creators alike seek authenticity in a digital world. At the heart of this movement is Sabah, a brand that has successfully…

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dredge logistics
Comprehensive Tech Solutions Drive Efficiency in Dredge Logistics
May 28, 2024

The latest episode of Hammer Down, hosted by Mike Bush, dives deep into the complexities of dredge logistics with Toni Careccio, the Chief Customer Officer at PortPro. This discussion couldn’t be more timely in a world where supply chain efficiency is paramount. With many dredge companies still relying on outdated methods such as paper…

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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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