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The Biggest Threat To Oil Prices Is The Dollar, Not A Supply Glut

The Biggest Threat To Oil Prices Is The Dollar, Not A Supply Glut

Goldman Sachs says that a strong dollar deserves more blame for an oil price downturn, and further strengthening of the greenback looms as a much larger threat to prices than the gasoline glut

1 day ago
Is This The Beginning Of The End For Venezuela's Oil Sector?

Is This The Beginning Of The End For Venezuela's Oil Sector?

The already cash strapped Venezuelan oil major may now not be able to pay its oilfield services providers, leading to a further collapse of oil production

1 day ago
Oil Industry About To Be Burned Again By Fall In Oil Prices

Oil Industry About To Be Burned Again By Fall In Oil Prices

Easy access to capital has driven oil prices lower before and are likely to do again as E&P’s directly invest in additional rigs while demand is not catching up

2 days ago
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