Americans should prepare for higher gasoline prices this summer, and higher oil prices are largely to blame. There are two major decisions in the next few months that will likely set the tone for oil markets for the rest of 2018 and into 2019. The first is President Trump’s May 12 decision about recertifying the Iran nuclear deal. The President may, at that point, decide to re-impose sanctions on Iran. There are some indications that he ...
As energy investors consider the market for 2017, they should not forget to keep track of how even small moves by OPEC, shale oil, energy service providers and renewable energy policy can impact the market. West Texas Intermediate Crude Oil: more...