Oil Prices Rise As Saudi Arabia Attacks The Glut
Oil prices rose further on Friday morning as a result of falling Saudi oil exports to the U.S.
Goldman Sachs: Oil Market To Rebalance By Early 2018
Based on recent data, investment bank Goldman Sachs now sees the oil markets rebalancing by early 2018
Exxon Reports Twofold Rise In Profit, But Stock Plunges
Despite posting a profit of US$3.35 billion for the second quarter of the year, ExxonMobil’s stock price plunged Friday morning
Electric Vehicles No Threat To Oil Prices Anytime Soon
Despite popular belief, electric cars are still not moving the needle on oil demand as their sales still don’t make…
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Energy / Oil Prices
Oil Rises To 8-Week High Following Unexpected U.S. Inventory Draw
Oil prices rose to an eight-week high boosted by a stronger-than-expected inventory draw in the United States
1 day ago
Energy / Crude Oil
Could Brazil Derail The OPEC Deal?
Brazil is a major oil producing country, but increased production could be reducing its reserves much faster than expected
1 day ago
Energy / Oil Prices
How Oil Prices Are Held Hostage By Derivatives
The price of oil is pulled up, down and all around by various influences, but the most important determining factors may not be exactly what you think
1 day ago
