OnDemand WTP Pricing Research

Tag: oil prices

Energy prices to fall for millions as Ofgem lowers cap | BBC News

Energy prices to fall for millions as Ofgem lowers cap | BBC News

The price of energy is set to fall for millions of British households this October after the regulator, Ofgem, lowered price caps. Ofgem sets maximum prices that can be charged for gas and electricity to those who have not switched suppliers and are on default tariffs. The new cap could see these households typically pay […]

Gas prices: Marathon, Speedway to pay Kentucky in gouging lawsuit | courier journal

Gas prices: Marathon, Speedway to pay Kentucky in gouging lawsuit | courier journal

Attorney General Andy Beshear has settled a 12-year-old lawsuit for more than $22 million against Marathon Petroleum Co. and Speedway LLC over alleged price gouging. The lawsuit, which was filed in May of 2007 by then-Attorney General Greg Stumbo, alleged that Marathon and Speedway violated Kentucky law by engaging in price gouging in gasoline sales following […]

Alleged price gouging suit settled for $22.5 million | Richmond Register

Alleged price gouging suit settled for $22.5 million | Richmond Register

Attorney General Andy Beshear announced Wednesday a 12-year-old lawsuit against Marathon Petroleum Company (MPC) and Speedway LLC over alleged gasoline price gouging has been settled for $22.5 million. The settlement resolves claims that Ohio-based MPC and Speedway violated Kentucky’s Consumer Protection Act by engaging in price gouging in the wholesale and retail sale of gasoline […]

Natural Gas Price Prediction – Prices Tumble on Cooler Weather Forecast | FXEmpire

Natural Gas Price Prediction – Prices Tumble on Cooler Weather Forecast | FXEmpire

Natural gas prices broke down on Monday, as there is little impetus to buoy prices. There are currently no tropical storms that are expected to form in the Atlantic over the next 48-hours according to the National Oceanic Atmospheric Administration (NOAA). In addition, NOAA is forecasting that the weather is expected to turn cooler during […]

Oil prices no longer as dependent on Mideast tensions | CNBC

Oil prices no longer as dependent on Mideast tensions | CNBC

Iran is ratcheting up tensions in the Gulf, with its seizure of a British-flagged tanker, yet oil prices have been relatively unaffected. With the surge in U.S. production and worries about weak global demand, oil is not the indicator for Middle East conflict it once was. A different pricing dynamic has been evolving with new […]

Oil prices inch up on Iran tensions and OPEC cuts | Nasdaq

Oil prices inch up on Iran tensions and OPEC cuts | Nasdaq

NEW YORK, July 5 (Reuters) – Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limited the rally. Brent crude futures settled at $64.23 a barrel, up 93 cents, or 1.47%. U.S. West Texas Intermediate (WTI) settled at […]

Booming Chinese crude imports call for new pricing tools, Business News | AsiaOne

Booming Chinese crude imports call for new pricing tools, Business News | AsiaOne

SINGAPORE, July 1, 2019 /PRNewswire/ — Crude price volatility is increasing, fuelled by rising uncertainty over the global economy’s resilience to trade wars and mounting tensions in the Middle East. It has never been more important to understand the drivers of demand from the world’s fastest-growing consuming markets in Asia-Pacific. To meet this need, global […]

Gas prices down for July Fourth travelers |The Augusta Chronicle

Gas prices down for July Fourth travelers |The Augusta Chronicle

Lower prices at the gas pump could encourage more travelers than ever to venture out this Independence Day. Gasoline prices are on average 16 cents cheaper than on Memorial Day weekend, and they are set to continue dropping in the coming weeks, AAA spokeswoman Montrae Waiters said. Georgia’s current average is $2.54, while last year’s […]

Why has the Natural Gas Pricing Lost Balance? | Energy CIO Insights

Why has the Natural Gas Pricing Lost Balance? | Energy CIO Insights

Natural gas prices are subjected to paradoxical fluctuations as the demand is high and there exist no more resources available for extraction. With smart market handling and stock management, the demands can be met by an environmental-friendly group. FREMONT, CA: The largest expense of the data center is energy consumption. Hence, it is necessary for […]

How dynamic pricing algorithms can increase gross profit by +10% | Towards Data Science

How dynamic pricing algorithms can increase gross profit by +10% | Towards Data Science

The Oil & Gas sector in Brazil has been facing challenges due to the economic crisis and the technological revolution. These are the main pain points: 1. The fuel resale segment is in a context of restrained margins by both sides of the supply chain: • The upstream segment reduces gas stations margins through increased […]