OnDemand WTP Pricing Research

Tag: pricing pressures

U.S. Sanctions Spark Venezuela Oil Surge Half the World Away | Bloomberg

U.S. Sanctions Spark Venezuela Oil Surge Half the World Away | Bloomberg

The U.S. measures have sparked speculation over whether Venezuela will be able to sustain exports of its dense and sulfurous “heavy-sour” crudes. Meanwhile, American refiners are scouting for alternatives, squeezing supplies of similar oil varieties across the globe. Booming demand for infrastructure in China has made such grades prized in the Asian nation because they […]

U.S. Companies Raising Prices Send Mixed Signals for Inflation | Bloomberg

U.S. Companies Raising Prices Send Mixed Signals for Inflation | Bloomberg

Strong U.S. demand and a tight job market have given companies a chance to raise prices coming into this year, and they’re testing the waters gingerly. From consumer goods and airlines to railroads, businesses made attempts to recover higher costs including rising pay for workers, or simply lifted prices to try to boost profit margins […]

Low Oil Prices Could Cripple Texas Job Growth | Oil Price

Low Oil Prices Could Cripple Texas Job Growth | Oil Price

Job growth in Texas is not exactly screeching to a halt, but low oil prices could start to lead to weaker employment figures. “The Texas labor market will likely tighten further in the months ahead; however, if oil prices continue to linger around $50 per barrel, job growth in the state may begin to decelerate. […]

Oil prices surge on trade war truce, prospects for Russian output cuts | Fox Business

Oil prices surge on trade war truce, prospects for Russian output cuts | Fox Business

Oil prices surged more than 3 percent Monday on prospects for a cut in global output and hope that a ceasefire in the U.S.-China trade war will boost demand for the commodity. The U.S. benchmark crude oil, West Texas Intermediate, popped more than 5 percent early Monday before paring that gain. … But the more […]

Alberta plans to buy 7,000 rail cars to ease ‘crisis’ in oil price differentials | Financial Post

Alberta plans to buy 7,000 rail cars to ease ‘crisis’ in oil price differentials | Financial Post

TORONTO — Alberta needs to buy as many as 7,000 rail cars if it wants to meet its goal of shipping an additional 120,000 barrels of oil a day, says Premier Rachel Notley. In a speech to the Toronto Board of Trade Thursday, Notley said her province is prepared to buy roughly 80 locomotives, with […]

Saudis Raise Asia Crude Pricing as U.S. Puts Curbs on Iran | Bloomberg

Saudis Raise Asia Crude Pricing as U.S. Puts Curbs on Iran | Bloomberg

Saudi Arabia raised pricing for the Medium and Heavy crudes it sells to Asia, a sign that OPEC’s biggest producer sees robust demand for the grades as it boosts output to offset the impact of energy sanctions on Iran. State-owned Saudi Aramco increased its official selling price for December sales of Medium crude to Asia […]

Oil and Gas Model stability as pressure on oil prices rises | IHS Markit

Oil and Gas Model stability as pressure on oil prices rises | IHS Markit

Research Signals – October 2018 Oil prices may be in for a wild ride as geopolitical and economic shocks threaten to spill over into markets. IHS Markit has raised its outlook on Brent and WTI prices in 4Q 2018 while noting that the next 18 months will be plagued by escalating tensions with Saudi Arabia, […]

Energy Stocks Open Higher As Oil Surge Raises Prices | Nasdaq

Energy Stocks Open Higher As Oil Surge Raises Prices | Nasdaq

Energy stocks are set to open broadly higher, lifted by encouraging earnings results from oilfield services bellwether Schlumberger and stronger broader index futures and rising oil prices . Schlumberger’s third-quarter profit rose 18.2 percent on higher oilfield services demand and the company said it expects the current pipeline bottlenecks in the Permian basin to be […]

U.S. core inflation trails estimates as used-car prices tumble | Bond Buyer

U.S. core inflation trails estimates as used-car prices tumble | Bond Buyer

A gauge of underlying U.S. inflation was below estimates in September as used-vehicle costs fell and housing rents cooled, signaling that price gains may remain close to where Federal Reserve policy makers want them amid an outlook for continued gradual interest-rate hikes. Excluding volatile food and energy costs, the core consumer price index rose 2.2% […]

Weekly Pricing Pulse: Iranian Crude Supply Drives Oil Prices To Multi-Year Highs | Seeking Alpha

Weekly Pricing Pulse: Iranian Crude Supply Drives Oil Prices To Multi-Year Highs | Seeking Alpha

Fear about too little supply has gripped oil markets recently and caused crude prices to surge 4.4% last week. Chemical prices moved in sympathy with oil and rose an even stronger 5.2%. Although more broadly commodity prices continue to be soft, the strength seen in the petro-chemical complex was enough to drive the IHS Markit […]