Browsing the "Oil" Category

EVs Will Drive Oil Prices Down, Southridge Capital Argues

September 9th, 2015 | by Mira Bai Shahan

There is speculation in every direction surrounding the newly falling oil prices we are seeing. Is there a globally-minded motive behind OPEC maintaining its production levels despite the falling prices? Will North American oil companies have to cut back if this trend continues? What will happen if prices continue to fall dramatically? The most relevant question in this community is, how will the decrease in gas prices affect the electric vehicle market

Demand Drops But Debt Increases For Big Oil

August 14th, 2014 | by Christopher DeMorro

Despite 4% of the world’s oil production being offline, weak demand has kept prices steady. Good news for consumers, but bad news for oil companies

Back to Top ↑