#Crude

The oil industry will be thinking - if we can just get through the next 11 years then prices will get back to > $50 a barrel https://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude.html

FireMikeMearlsPak (she/they)

HealthPakStream

every day that passes, I have to laugh harder to keep from crying, which is why I was cackling at midnight about turnips in Aminal Crossing and now I'm cackling

King David ✡️

Crude oil prices have dropped to less than $1 dollar per barrel, but it is not necessarily as global as you may think. The $1 per barrel currently applies to

Maurice94239117

So I am going to come on here and say this I believe CLR and WLL are inflating their oil production by about 5 to 7%. Their NGL realization tells

WTI crude oil extends fall to more than 40%, its worst drop ever, as virus outbreak causes demand to slump https://cnb.cx/3cDZj9v Stocks fall at the open as oil faces its

Crude Oil Pricing... நண்பர்களிடம் கேட்டது, படிச்சத வச்சி will try to explainCrude oil தரம் என்பது அது எங்கிருந்து எடுக்கப்படுது என்பதை பொறுத்து மாறும். கடல், கிணறு, பாறைகள்னு. அந்த தரத்த பொறுத்து அதை சுத்திகரிக்கற cost ம்

Crude oil futures at NYMEX settled at -37.63 today. How does this even work? The crude oil future is a futures contract (CL) where the expiry date happens once a

Clark Williams-Derry

WTI now below $8. Now below $5. Now at $3. https://www.bloomberg.com/energy?sref=qm26bHqj WTI oil price now $1.75. #OOTT $1.32. (No picture this time, my index finger hurts from too much mouse

BREAKING: Crude oil prices on the May contract plummet below negative $10 per barrel; crude oil is down more than 160% percent on the day http://cnb.cx/3cDZj9v Stocks fall near session

Shales From The Crypt

Refiners are the buyers of crude. Buy a bbl of CL and spend $ to convert it to products like gasoline, diesel, etc.The business model requires the products' prices are

FinPlanKaluAja1

Revisions: Exchange Rate from N305/$1 to N360/$1Oil production from 2.18mbpd to 1.7mbpdBenchmark from $57 to $30Oil Rev from N7.6t to N1.4t (wow!!)Non-Oil Rev from N6.4t to N5.8tDebt Service Unchanged N2.45tNew

People don't really understand why recession might be imminent in Nigeria.So I will try to explain according to my own understanding.I am sure y'all know Nigeria's economy isn't diversified, and

Dr. Cam Modisane, Ph.D.

THREAD ON OIL PRICES...Does the American WTI Crude Oil price that collapsed affect me as a South African?The short answer is NO and YES.Here is why…Firstly, you need to understand

FinPlanKaluAja1

Who own the crude oil in Nigeria?Rather simple question won’t you sayTo own a thing, implies you derive utility from it, so let’s answer by examining who derives utility from

COVID Perspective

covidperspectiv

The May 'front month futures' contract for oil has gone negative. It is now -$37 a barrel (that's negative $37). This is the futures contract that expires tomorrow, and there

Okay, here’s the thread. There exist many pricing indices in the oil market, but two of them are most popular – the Brent (adopted by most OPEC countries) and the