ForbesMethods Of Forecasting Long Term Oil PricesForbesIn the early years of the oil industry, prices moved sharply with the discovery of a new, large oil field or the sudden decline of an existing producer. Producers were like farmers, prey to things happ …

Business InsiderThe oil glut has caused China's Sinopec to temporarily close some of its oil fieldsBusiness InsiderSinopec (China Petroleum & Chemical), the second-largest producer in China and the largest refiner in Asia, will temporarily shut dow …

ForbesThe World Has Too Much OilForbesWe don't know when or if the oil price will recover. Some highly respected analysts think it will stay in a range of roughly $30 to $60. The high end being the point where currently capped-off supplies come back on …

ForbesHere's the Real Problem with OilForbesUnited Arab Emirates Energy Minister Suhail bin Mohamed al-Mazroui, speaks during the 7th Gulf Intelligence UAE Energy Forum meeting in Abu Dhabi, on January 12, 2016. OPEC president Emmanuel Ibe Kachikwu sai …

ForbesPride And Prejudice And Zombie Oil CompaniesForbesI admit I haven't read the book “Pride and Prejudice and Zombies” (I've been waiting for the movie, which is now out), but the title has strong parallels with the U.S. oil industry at the mome …

BBC NewsBank of England: Oil price fall 'good for UK economy'BBC NewsThe fall in oil prices has been a "net good" for the economy, Bank of England deputy governor Ben Broadbent has said. He told BBC Radio 5live's Wake Up To Money that …

ForbesThe Link Between Oil And Stocks: Smart, Silly Or Spurious?ForbesThere has been a link between oil and equities that is either smart, silly or spurious. I am leaning towards “silly” but am concerned that it might be spurious, and when the correlation …

ForbesA Little Ditty About Jack And Diane To Explain Why Low Oil Is BadForbesOther FRED data showed that the median oil service worker earned 2.5 times the median manufacturer $100k versus $38k in 2013. But, rather than trying to blind you with some math t …

seattlepi.comWall St. Slumps as Oil Prices SlideNew York TimesENERGY Benchmark United States crude oil was down 41 cents to $33.21 a barrel on the New York Mercantile Exchange. It finished Friday at $33.62 a barrel, up 40 cents. Brent crude, a benchmark fo …

The Science (Or Art) Of Forecasting Oil PricesForbesThe past few years have greatly encouraged those who consider oil price forecasters to be little more than astrologers (on a good day), but there are some basic lessons that tend to be overlooked amidst a …