Tag Archives: oil prices

Why Reality Dictates A Price War

William Edwards posted 1-4-16 I would like to welcome you to the real world of the commercial oil business. Be careful, though, before you accept my invitation as it might result in a change in your thinking. First, let us recognize that there are two oil worlds: the political one and the physical one. Both […]

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Oil Prices Drop as Inventories in U.S. Rise to Highest in 14 Years

  Oil prices fell towards $57 a barrel on Wednesday after the largest weekly build in U.S. crude inventories since 2001 and as Saudi Arabia reported record output in March. The U.S. Energy Information Administration (EIA) reported that U.S. stocks of crude oil rose in the week to April 3 by 10.9 million barrels – […]

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