Volatile Oil Prices Create Confusion Among Traders

Volatile Oil Prices Create Confusion Among Traders


The volatility in crude oil prices has just about everybody wondering where they will be tomorrow, next week, next month, or next year. Prices dropped $2.26 to $53.43 per barrel on the New York Mercantile Exchange (NYMEX) on Tuesday. Prices have declined some $20 since Oct.1 following increases in 2017…

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.


3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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