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Tag: oil prices

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 […]

Oilfield Services’ Pricing Power is Rising  | Rigzone

Oilfield Services’ Pricing Power is Rising  | Rigzone

Things are looking up for oilfield services companies. After several years of gloom, oilfield service companies are now able to raise prices for their products and services, according to energy research firm Rystad Energy. “Oil and gas investments are on the rise, and so too is the pricing power of service companies,” said Audun Martinsen, […]

Florida unveils app to report price-gouging | FOX 13 Tampa Bay

Florida unveils app to report price-gouging | FOX 13 Tampa Bay

TAMPA, Fla. (FOX 13) – The next time you feel like you’re getting price-gouged and want to report it, there’s an app for that. Florida Attorney General Ashley Moody just unveiled a new anti-price-gouging app. It’s part of her plan fight gouging as hurricane season begins. Read complete article here: Florida unveils app to report […]

Mo. AG warns of price gouging, scams in wake of tornadoes, storms, flooding | KFVS

Mo. AG warns of price gouging, scams in wake of tornadoes, storms, flooding | KFVS

JEFFERSON CITY, Mo. (KFVS) – In the wake of Wednesday’s tornado in Jefferson City, recent storms and on-going flooding, Attorney General Eric Schmitt is urging Missourians to be vigilant when making repairs. Schmitt is concerned about scammers and price gouging. Anyone experiencing or witnessing fraud is asked to report any wrong-doing to the Attorney General’s […]

6 Texas Gas Stations Agree To Refund Customers For Hurricane Harvey Price Gouging | CBS Dallas / Fort Worth

6 Texas Gas Stations Agree To Refund Customers For Hurricane Harvey Price Gouging | CBS Dallas / Fort Worth

AUSTIN, Texas (CBSDFW.COM) –  The Texas Attorney General’s Office’s Consumer Protection Division settled lawsuits against two Texas gas stations accused of price gouging during the Hurricane Harvey disaster. The AG’s Office also secured Assurances of Voluntary Compliance with four Dallas-Fort Worth Metroplex gas stations. Under separate agreements, Encinal Fuel LLC and Lafayette C-Store will each […]

Ryanair expects to win in airline ‘fare wars’ | BBC News

Ryanair expects to win in airline ‘fare wars’ | BBC News

Ryanair chief Michael O’Leary has said he expects the airline to benefit from any price war in the industry. Mr O’Leary said “artificially low prices” and “attritional fare wars” could dent profits for a year or two. He was speaking after the airline reported that profits fell by nearly a third last year to €1bn […]