Forecasting the Price of Oil
Crude oil is a naturally occurring petroleum product extracted from oil wells and is a mixture of gasses and liquids, organic materials, and hydrocarbon deposits. As an essential source of...
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The Role of Oil Inventories on the Crude Market
Oil prices, as well as the balance of supply and demand in the crude oil market, is influenced by oil inventories. One of the fundamental concepts of economics is the...
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Crude Oil: Influenced by Supply and Demand
From asphalt to plastics to fuel, oil is the king of commodities that is used in many different ways. As an economic powerhouse, the oil and gas industry and the...
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The Impact of Oil Price on the Economy
Shale extraction of oil and gas has lessened the need for the United States to import, helping the economy immensely in the form of investment, jobs, and growth. Oil exploration...
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What Drives the Price of Oil?
Also referred to as “black gold,” crude oil is considered one of the most precious commodities on a global scale. Changes in its price have the power to affect the...
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Oil and Gas Investment: Watch out for These Economic Indicators
Similar to any commodity, the oil and gas market sectors are affected by global demand, inventory levels, production, aggregate economic figures, and interest rate policies. To predict the future of...
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The Benefits of Portfolio Diversification
Many generations of Americans have built their futures by diversifying their portfolio and investing in direct ownership of oil and gas wells. Undeniably, direct participation in oil and gas programs...
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Profiting from Oil and Gas Wells
In a world of many attractive investments, one remains to top the list due to its unparalleled tax benefits and high return of income potential – oil and gas. Backed by...
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What is Crude Oil, and How Does it Affect the Prices of Gasoline?
About half of the price of every gallon of gas over the last decade has been determined by crude oil prices. The average price of one gallon of gasoline as of...
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Upstream, Midstream, and Downstream in Oil and Gas Operations
In terms of dollar value, the oil and gas industry is one of the biggest sectors on a global scale. Needless to say, oil is essential to the world’s economic framework, most...
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