Blog.pricegroup.com

Quote of the Week “If we stay at this [sub-$50 oil] price longer, then a third to a quarter of the [US] industry will go bankrupt. More activity could drive production, but that takes money and the US industry doesn’t have it anymore. We don’t believe...

The story behind oil’s plunge DAVOS, Switzerland (CNNMoney) Oil was a hot topic at the global elite’s annual gathering in Switzerland six years ago. It promises to take center stage again this week at the World Economic Forum in Davos. Only this time...

By Phil Flynn January 27, 2017 • Reprints It may be the year of the Fire Rooster on the Chinese calendar, but for China and the rest of the Asian block, it is going to be the year or decade of crude oil. Oil prices hit a three-week high as the market...

All of us loved paying less than $2 a gallon at the pump. AAA reports: “Americans paid cheapest quarterly gas prices in 12 years” — which resulted in savings of nearly $10 billion compared to the same period last year. However, oil (and, therefore gasoline...

First Read Bits & Pieces By John J. Lothian Futures Magazine is changing its name. Forty-three years after changing its name from Commodities to Futures, Futures Magazine will become Modern Trader, according to its editor in a video interview with...