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ANDREWS, TX - JANUARY 20: An oil pumpjack works at dawn in the Permian Basin oil field on January 20, 2016 in the oil town of Andrews, Texas. Despite recent drops in the price of oil, many ...
Shares of cereal behemoth WK Kellogg (NYSE: KLG) were down 14% this week as of 10:30 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence. While there doesn't appear to ...
The developments are set to upend a symbiotic oil trade between the U.S. and its neighbors: Many U.S. refineries are geared to churn the type of heavy and medium crude oil grades Canada produces ...
In addition, Arco's strategic planning group in Los Angeles, headed by Dr. Bob Gower, developed a long-range forecast calling for a decline in the price of crude oil. At the time Arco was in a bidding war with Chevron for Gulf Oil, but the crude oil price forecast made that acquisition look increasingly less favorable.
Trump also mentioned his intent to impose tariffs on Canada and Mexico starting Feb. 1, sparking concerns of a trade war that could impact economic growth and, as a result, oil consumption.
In this article you are going to find out whether hedge funds think Kellogg Company (NYSE:K) is a good investment right now. We like to check what the smart money thinks first before doing ...
Nevertheless, offshore drilling continued in offshore Texas and Louisiana. Offshore drilling became central in the 2008 presidential election, not least because of the oil price increases since 2003. George W. Bush lifted the oil drilling ban and also President Barack Obama was for limited offshore drilling.
Turner said it could take a year for the the energy prices to begin coming down and that regulatory environment, not just the recent years of higher production, are a major factor in prices.