North Slope crude heads for $80
Rising demand, tensions over sanctions on Iran, collapsing Venezuela production all combine to put upward pressure on the price Alan Bailey Petroleum News
The price of crude oil has been continuing to climb in recent weeks, with Alaska North Slope crude reaching $79.81 per barrel on May 21, just a few cents shy of $80. This is the highest price seen since November 2014, a few months after the price started to crash below the $100 level.
The general vi....
[additional news subjects in this story]
Many issues at play US shale oil The more bullish view IEA’s May report
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 08/12/2020)
|
Petroleum News - Phone: 1-907 522-9469
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©1999-2019 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
| 