ForbesWhat Really Controls Oil Prices?ForbesSource: http://www.castagra.com/. World oil prices are controlled by the amount of crude oil stored at Cushing, Oklahoma. That's because Cushing is the pricing point for WTI (West Texas Intermediate) oil pric …

ForbesOil And Gasoline Prices: Will Your Vacation Cost More?ForbesAs you might expect, there is a strong relationship between the price of oil and the price of gasoline. However, when oil prices spiked in 2008, the increase was nearly four times greater th …

ForbesImpact Of Oil Price Oscillation Between $20-40/bbl Extends Beyond ProducersForbesThere is wider market consensus that the oil price slump has largely kept inflation low in key G20 markets and beyond. Major importers of crude oil, it seems, have never …

ForbesNegative Impact Of Oil Price Oscillation Between $20-40/bbl Extends Beyond Producers' FinancesForbesThere is wider market consensus that the oil price slump has largely kept inflation low in key G20 markets and beyond. Major importers of crude oi …

MarketWatchStocks rally as oil rebounds on talk of March meeting of oil producersMarketWatchU.S. stocks rallied Thursday afternoon as a rebound in oil prices boosted the main benchmarks, which had been struggling to hold on to small gains throughout the se …

ForbesIs The Electric Vehicle A Crude Oil Killer?ForbesBut the 1 million barrel per day (bpd) global increase in biofuel consumption in the past decade was a drop in the bucket compared to the nearly 7 million barrel a day increase in crude oil consumption …

ForbesWhy Oil Fell To $30ForbesTo summarize, since 1983, annual global demand for crude oil has only fallen twice; a small decline in 1985 and another decline in 2009 in response to the financial crisis. The growth rate for crude oil has been remarkably co …

ForbesOne In Seven North Sea Oil Barrels Being Produced 'Below Cost'ForbesThe already grim mood of North Sea oil and gas operators got a shade darker with independent exploration firm First Oil Expro calling in administrators on 22 February, unable …

Financial TimesTrafigura to ship West Texas oil to IsraelFinancial TimesShipping West Texas Intermediate to Israel is profitable due to a glut of oil, which has pushed storage capacity at the crude's main storage hub close to its limit, and so may reli …

Premium TimesCrude oil price tops agenda as Nigeria's President set to meet Saudi, Qatari leadersPremium TimesAchieving a greater stable price of crude oil will top the agenda of discussions, Mr. Adesina said, as OPEC and non-OPEC oil producing countri …