5 Reasons Oil Prices Are Dropping

5 Reasons Oil Prices Are Dropping

As oil prices continue to fall, analysts and producers are trying to wrap their heads around the reasons and identify a floor price. Even though crude benchmarks like Brent and WTI keep dropping, the cost of finding oil continues to rise. What are some of the key drivers that have created this paradox?

Source: Oil Price

Date: October 2014

Read the article


Tags assigned to this article:
economicsoilwar

Related Articles

Fossil fuel subsidies fall in gain for renewables

Countries from Mexico to Germany and Malaysia are increasingly taking advantage of cheap oil by trimming fossil-fuel subsidies, easing the

Glasgow becomes first university in Europe to divest from fossil fuels

Glasgow University has become the first academic institution in Europe to divest from the fossil fuel industry, in a turning

Better energy, greater prosperity

New report outlines opportunity to halve global carbon emissions by 2040 – but governments, investors and businesses must act now