September 18, 2015 Source: U.S. Energy Information Administration, based on Evaluate EnergyNote: Each quarter represents a rolling four-quarter sum. Results from second-quarter 2015 financial statements of a number of suggest continued financial strain for some companies. Low oil prices have significantly reduced cash flow for U.S. oil producers, and to adjust to lower cash flows, […]
Tag Archives: Producers
April 2, 2015 Source: U.S. Energy Information Administration, based on Evaluate EnergyNote: Hedging is a financial risk-reduction strategy that market participants can use to lock in future prices. The decline in crude oil prices since last summer has had a direct impact on oil producers’ sales revenue, but hedging strategies have lessened the effects of […]
Source: Vanguard NGR
Washintgon — Governments in sub-Saharan Africa are selling crude petroleum in shadowy deals worth hundreds of billions of dollars without publicly accounting for the money, according to a new report. A lack of transparency over staggering amounts of oil revenues is concerning from countries that have millions of people living in dire poverty, weak budgetary […]
