https://piqsuite.com/Suite/reuters/2023:newsml_KBN2VM1NM
7 replies (most recent on top)
Love low oil prices. For struggling hard working consumers it is a boon. May the prices stay low and more oil and gas executives get fired.
@1xls gets it
Crude is rallying again. GS will be out next week saying oil will be over $100/bbl next week. They don’t have a clue but they do have a hedge desk taking positions…
The price of West Texas Intermediate has turned south in 1Q2023.
Goodbye 2022 record earnings.
https://www.macrotrends.net/2516/wti-crude-oil-prices-10-year-daily-chart#:~:text=Interactive%20chart%20showing%20the%20daily%20closing%20price%20for,of%20March%2022%2C%202023%20is%20%2470.29%20per%20barrel.
Year Average Closing Price
2023 $76.16
2022 $94.53
2021 $68.17
2020 $39.68
2019 $56.99
2018 $65.23
2017 $50.80
2016 $43.29
2015 $48.66
Good news. I hope it comes true and we can get some relief at the pump. It's not like the enormous profits wind up in our pockets
They do layoffs/PIPs no matter what the price of oil is. Plus they never give raises and bonuses are terrible. IDGAF about the price of oil anymore.
Ah yes the bank forescast. When they can't even forecast their failure and have the taxpayers bail them out