Newsroom & Financials

Outlook for the Global Oil Market

Posted 1/14/2015

Over the past several months, U.S. consumers and businesses have been pleasantly surprised by sharply decreasing oil and gasoline prices. Since mid-June, the price of crude oil has declined about 50 percent from over $100 per barrel to about $50 at the beginning of January. To explain why oil and gasoline prices have decreased so rapidly and what we might expect to happen in the coming months and years, OUTLOOK recently sat down with Greg Priddy of the Eurasia Group. Read more...

Third Party Link Disclaimer

You are now leaving CoBank.com. This link is provided solely as a convenience to you. If you use this link, you will leave this site and our Privacy Policy is no longer in effect. CoBank is not responsible for, and assumes no liability associated with, the practices employed by third party Web site owners.