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Market Update: Oil Crumbles After Saudis Pull The Plug

Market Update: Oil Crumbles After Saudis Pull The Plug

Oil prices got a boost from a strong draw to crude inventories early this week, but got slammed by Saudi Arabia’s negative comments on the OPEC meeting

2 days ago
Oil Plunges As Oil Rig Count Rises To Seven Month Highs

Oil Plunges As Oil Rig Count Rises To Seven Month Highs

Oil prices extended losses on Friday afternoon after the Baker Hughes rig count showed that another two oil rigs were added in the U.S. last week

2 days ago
Crude Crashes As Saudis Kill OPEC Meeting Before It Even Started

Crude Crashes As Saudis Kill OPEC Meeting Before It Even Started

Crude prices are selling off, aided by Saudi comments that a decision will not be forthcoming from next week's OPEC meeting in Algiers

2 days ago
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