Will The OPEC Deal Lead To A New Shale Boom?
OPEC surprised the market with…
Where Will Oil Prices Go After Algiers?
Following the media spectacle that…
Energy / Oil Prices
Will The OPEC Deal Lead To A New Shale Boom?
Is Saudi’s Market Share War Over, Is It On-Hold, or Is It Still Coming? OPEC surprised the markets when word came out that for the first time in eight…
How Long Will OPEC Hot Air Continue To Fuel Oil Prices
OPEC shocked the oil markets on Wednesday, moving past their differences to agree on the first collective production cut since the global financial crisis. The surprise agreement sent oil prices…
Is Russia About To Ruin The Oil Price Revival?
Russian Energy Minister Alexander Novak said that Russia has no immediate plans to change its current level of oil output, which is at near-record levels. Despite the low oil price…
Goldman Sachs: OPEC Freeze Could Add $10 To Oil Prices
Oil barrel prices could climb between US$7 and US$10 by the end of the first half of 2017, according to Goldman Sachs analysts. Yesterday, OPEC surprised nearly everyone and…
Where Will Oil Prices Go After Algiers?
Saudi Arabia and Iran may yet come to terms on some sort of production arrangement, but the outcome of the negotiations in Algeria this week may not do much…
Oil Slides As Iran Turns Down Saudi Offer
As the euro tumbles and optimism wanes from Algiers, oil prices are charging lower ahead of a likely build to crude inventories in tomorrow's weekly inventory report. Hark, here are…
Goldman Sachs Cuts Oil Price Target From $50 To $43
While we await every new headline out of Algiers, overnight Goldman threw in the towel on its "transitory" oil market bullishness, and in a note by Damien Courvalin looking "Beyond…
Desperate Saudi Arabia Offers To Cut Production By 500,000 Barrels
Saudi Arabia's oil policy, unveiled just under two years ago at the November 2014 OPEC meeting where it effectively splintered the OPEC cartel by announcing it would produce excess quantities…
Oil Rises, Skepticism Too, As OPEC Meets To Talk Output Deal
Crude prices rallied on Monday as OPEC members gathered in Algiers to start discussing possible joint moves to prop up the market, but investors are increasingly bearish, and last week,…
Only An OPEC Miracle Can Save Venezuela
Oil producers could see a $10 to $15 spike in barrel prices if the world’s energy leaders agree on a freeze in new output next week, Venezuelan Oil Minister Eulogio…
