Oil Barrel Prices

Petrobras SCORs with Transformation

Tuesday, May 2, 2023 · Bob Trebilcock
To streamline its maintenance parts inventory, the Brazilian oil and gas giant launched a transformation project utilizing SCOR. The result: The avoidance of $786 million in inventory purchases in only 18 months.

Oil update: We need security plans from policymakers

Thursday, March 2, 2023 · Larry Lapide, lecturer at the University of Massachusetts and an MIT Research Affiliate
The business world needs less uncertainty and more clarity.

Oil update: Where’s the global energy plan?

Tuesday, January 4, 2022 · Larry Lapide, lecturer at the University of Massachusetts and an MIT Research Affiliate
The oil updates have shown that the market has become more market-driven and based largely on changes in supply and demand.

Oil Update: Still need fracking?

Monday, January 4, 2021 · Larry Lapide, lecturer at the University of Massachusetts and an MIT Research Affiliate
They will no longer have the economies of scale at levels they had when auto drivers used a lot of gas. A double whammy for logistics operations because diesel prices could go sky-high. How high? When? Beats me.

Oil Update: Fracking challenged with cheaper oil

Tuesday, January 14, 2020 · Patrick Burnson
Eleven years ago, with oil prices rising, it was easy to convince your company to save energy because it also cut costs. Without high energy prices, energy-efficiency may not translate to cost saving, so it will be harder to make the case to executive teams.

Oil Update: Specter of $100/barrel

Monday, January 7, 2019 · Larry Lapide
From the demand side, the first signs of cheaper oil appeared as a precipitous drop that was the result of the Great Recession

Higher oil and fuel prices, increased volatility on tap for rest of 2018

Tuesday, May 1, 2018 · Derik Andreoli, director of economic analysis and forecasting at Mercator International, LLC
Oil prices will continue to face upward pressure, and—perhaps even more importantly—oil prices will become even more sensitive to geopolitical disruptions.

Oil Update: Back to the future, again

Thursday, January 25, 2018 · Larry Lapide
A look forward—and a look backward—on oil consumption and pricing.

Oil prices will rise eventually

Thursday, January 12, 2017 · Larry Lapide
I have long been encouraging a reduction of oil consumption in global supply chains. While I think that oil will be readily available into the foreseeable future, its price will rise as both demand and extraction costs increase over time.

2017 Rate Outlook: Changing political landscapes may be reflected in pricing

Monday, January 2, 2017 · Patrick Burnson
Trade and transport analysts see a turnaround in last year's negative market outlook, but as global GDP continues to gradually strengthen, carriers in all modes will be challenged to manage capacity while maintaining service levels. Furthermore, sudden shifts in trade…

Diesel prices start 2011 with another increase

Tuesday, January 4, 2011 · Jeff Berman
Another week, another rise in diesel prices was again the theme, according to data released by the Department of Energy’s Energy Information Administration (EIA) this week.
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