/Oil & Gas News
  • SCADA in Browser

SCADACore Has Acquired Path RF

March 9th, 2017|0 Comments

SCADACore recently announced that it has acquired Path RF. Path RF's free RF Line-of-Sight and Tower Maps (Canada, US) are now found on SCADACore's website. The free tools are especially useful for field [...]

Fed Will Abandon Pretense of Growing Economy After Election

September 26th, 2016|0 Comments

"The Fed always have the fail-safe that they are data dependent. They always say they are going to act based on the data. They have actually never committed to doing anything. What is [...]

  • Oil Prices Up 66 Percent

Crude Oil Setting Up To Surge A Staggering 66 Percent

August 16th, 2016|0 Comments

"A break above here, if seen, would suggest extended gains towards at least the $62.50 area as we move towards early 2017. On a longer term basis the 55 – 200 week moving average setup [...]

26Jan, 2016

Oil Prices and Stocks Crashing for the Same Reason

By | January 26th, 2016|Categories: Economics, News, Oil Price|0 Comments

"Wall Street is just trying to blame the carnage in the stock market on oil prices. But that’s not really why stocks are going down. The reality is oil prices and stocks are both going [...]

23Sep, 2015

Oil Price Forecast to Stay Below $60 Through Next Year

By | September 23rd, 2015|Categories: Economics, News, Oil Price|0 Comments

"Analysts are growing even more bearish about the oil price, predicting that crude is set to stay below $60 a barrel through next year as the market struggles to recover from a supply glut." Source: [...]

21Sep, 2015

The Real Reason the Fed Won’t Raise Interest Rates

By | September 21st, 2015|Categories: Economics, Inflation, Interest Rates, News|0 Comments

"Globally, the sovereign bond market is $58 trillion in size. The investment grade sovereign bond market (meaning sovereign bonds for countries with credit ratings above BBB) is around $53 trillion. And if you’re talking about [...]

17Sep, 2015

Oil Prices Could Surge As This Country Fails To Meet Production Targets

By | September 17th, 2015|Categories: Economics, News, Oil Price|0 Comments

"One of the most significant countries in terms of future oil growth may not be able to achieve its long-term production goals, raising red flags about global oil supplies in the years ahead. For years, [...]

10Sep, 2015

OPEC Sees Weak Oil Prices Through 2015

By | September 10th, 2015|Categories: Economics, News, Oil Price|0 Comments

"DOHA, Qatar—The Organization of the Petroleum Exporting Countries has become more pessimistic about the future of oil prices this year amid plentiful supplies and softening demand from China, the group’s members said this week." Source: [...]

2Sep, 2015

Oil Price: Is Current Low Sustainable?

By | September 2nd, 2015|Categories: Economics, News, Oil Price|0 Comments

"Recent volatility in the price of oil has led some analysts to re-examine the history of price swings for the commodity. Wednesday's price, back to the recent lows branded "close to unsustainable" by HSBC strategists, [...]

24Aug, 2015

Oil Prices Below $39 for First Time Since 2009

By | August 24th, 2015|Categories: Economics, News, Oil Price|0 Comments

"Get ready for even lower oil prices. Futures for a barrel of West Texas Intermediate crude fell below $39 a barrel Monday -- a level not seen since 2009. Oil settled Monday just above $38, [...]

20Aug, 2015

Five Key Reasons Behind Falling Oil Prices

By | August 20th, 2015|Categories: Economics, News, Oil Price|0 Comments

"Oil prices fell to a fresh six and a half year low in international markets Thursday, approaching the key USD 40 a barrel level after a surprise rise in US inventories added to concerns of [...]

11Aug, 2015

The Oil Price: How Low Is Low?

By | August 11th, 2015|Categories: Economics, News, Oil Price|0 Comments

"With West Texas Intermediate (WTI) and Brent close to their January 2015 lows some readers are wondering how these lows compare with historic lows when the oil price is adjusted for inflation (deflated). BP just [...]

6Aug, 2015

The Link Between Oil Reserves And Oil Prices

By | August 6th, 2015|Categories: Economics, News, Oil Price|0 Comments

"There are two reasons for this increase in proved reserves. The first is that despite >150 years of oil production in the U.S., new fields are still being discovered. In March 2015 the EIA released [...]