Here at Suzzanne Uhland’s blog, we have been talking quite a lot about the predictions and projections for oil prices next year in 2018. With only a couple of weeks before the new year, it is common for many to speculate and speak their mind when it comes to their own interpretation of influential factor […]

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According to experts, the best is still yet to come for the American oil production; however, it will not last long enough for producers to celebrate, according to oil traders. US oil production has been subjected to an ongoing increase during the present year as American drillers gained back strength after the oil price drop. […]

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Crude oil is up there on the top of the most important and influential commodities as it affects the economic environment in pretty much all levels, from the daily budget of the typical American family all the way up to the dealings of the biggest corporations in the planet. The importance of such impact is […]

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The predominant economic model in the current international world is advancing on the basis of an accelerated process of innovations and an extraordinary speed of technological changes. The industrial model has meant strong growth and important economic transformations but also enormous differences between developed and underdeveloped countries, with processes of exclusion and regressive income distributions. […]

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Oil is a non-renewable resource and we will eventually run out of it. Ancient biological matter and a process that lasted about 10 million years are both responsible for the massive reserves of crude oil that we continue to extract today in order to power our industry, light our homes and move forward our transportation; […]

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Oil prices seem will average at $50 per barrel in the rest of 2017 and approximately $55 per barrel in the coming year. According to the American Energy Information Administration, this will be the most likely scenario. On the other hand, commodity traders have also made their own predictions for their own futures contracts: they […]

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The last few years have been strange for the oil industry. There hasn’t been a downturn as lasting since the 1990’s and while many are hopeful that prices will soon not only recover but actually boom, a healthy dose of skepticism lingers as it seems like the bounce back is taking longer than expected. Experts […]

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The Organization of Petroleum Exporting Countries or OPEC, has had a say in global oil policies and prices ever since its inception in 1960.  The organization is home to the biggest petroleum producing countries and until recently it had immense power in determining just how much one barrel of crude would cost and the effects […]

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It is no secret to anyone that oil prices have been changing dramatically recently. Different political situations are taking place worldwide and oil prices seem to be more unstable than ever. Multiple threats to the use of oil pop up every day, such as wars between nations and environmental problems. One thing that not many […]

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