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Factors Affecting Oil Prices

Factors affecting oil prices are widely fluctuating which makes it tough to speculate what the price per barrel will be year over year.  Aside from simple supply and demand, oil prices are affected by trends in geopolitics, weather, and technology.  So how does the day to day price of oil affect mineral rights and royalty […]

Oil tops $60, settles near 3-month high

Oil prices rose slightly Monday on hopes energy demand will benefit from the trade deal between the United States and China. Brent crude oil futures rose 16 cents to $65.37 a barrel, while West Texas Intermediate crude rose 14 cents to settle near a three-month high of $60.21 a barrel.     Read the full article here Source: […]

Supply and demand

U.S. oil producers have said they plan to slow production to reduce supplies and thus boost the costs. But experts say that oil production will stay ramped up into 2020, and will slow later next year and after.     Read the full article here Source: Toledoblade.com