Tags » Crude Prices

Oil Rebounds From Five-Year Low as Saudi Comments Add Volatility

Crude prices in London and New York rebounded from the lowest closing levels since May 2009 as comments from Saudi Arabia’s oil minister yesterday added to the most-volatile market in three years. 190 more words

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Continued drops in oil prices won't slow Southern Illinois fracking

As oil indexes continue to trend downward many are wondering if this will spell disaster for the hydraulic fracturing boom long awaited by many Southern Illinois residents. 202 more words

Opponents of fracking in Madison County attempt to take lawsuit to appellate level

Landowners in Madison County, Illinois, have decided to take their fight against fracturing to the next level.  The Madison County group, fronted by an environmental law attorney based in Fairview Heights, have decided to appeal last month’s decision by Madison County Circuit Judge Barbara Crowder. 100 more words

Fracking protects US oil interests from falling oil prices, OPEC alike

Amid the falling oil prices worldwide, fracking is the star of the moment.  With OPEC nations declining to cut production sending crude prices to their lowest point since 2009, many in the energy sector are cautioning producers, and investors alike, to keep calm.   188 more words

Oil prices extend slide, taking loonie along for ride

CALGARY – With the price of crude plunging to its lowest level in more than four and a half years, consumers are benefiting at the gas pump, but the savings are being dampened somewhat by a weaker dollar and other factors, according to an energy expert. 462 more words

Canada

Good days will continue

We’ve been writing how both favourable macro factors and this government’s right steps are bringing good days for the country.

In yesterday’s OPEC meeting, it was decided not to cut the oil production despite recent fall in their prices. 429 more words

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