by Thanvir | Dec 20, 2018 | Benchmark Oil Price
The gap between Canadian benchmark oil prices and US prices is increasing along with the gap between Canadian oil production and oil export capacity. The growth of Alberta’s oil industry is hampered by a lack of infrastructure in the face of growing output,...
by Thanvir | Nov 21, 2018 | Benchmark Oil Price
The oil price fell on Tuesday, with the US benchmark reaching its lowest level in more than a year, as investors’ attention remained focused on an important meeting of major oil producers early next month. “The bulls are running for the barn and the bears...
by Thanvir | Nov 15, 2018 | Benchmark Oil Price
Oil prices should finally break their record-breaking 12-day defeat on Wednesday morning, but analysts remain concerned that prices could fall below $ 50 a barrel. At 8:20 ET, the price of West Texas Intermediate (WTI), the US benchmark for oil pricing, stood at $...
by Thanvir | Oct 19, 2018 | Benchmark Oil Price
Crude oil prices have continued to rise since the beginning of the year and have even reached record levels, most recently in November 2014. Surprisingly, despite the recent downgrading of the International Monetary Fund (IMF) global growth forecasts for 2018 and...
