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Middle-East Tensions Soar After Critical Phone Call

Middle-East Tensions Soar After Critical Phone Call

The latest bilateral contact between…

Can WTI Break Out Of The High $40s?

Can WTI Break Out Of The High $40s?

West Texas Intermediate oil prices…

Energy / Oil Prices

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Has Iraq Stopped Cheating On The OPEC Deal?

Sep 01, 2017 at 10:37 | Tsvetana Paraskova

OPEC’s no.2 Iraq is currently producing 4.32 million bpd of oil, below the 4.351 million bpd ceiling it had pledged in the production cut deal, Iraq’s Oil Minister Jabbar Al-Luaibi…

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Iraq’s Solution To Lower For Longer Oil Prices

Aug 31, 2017 at 14:33 | Tsvetana Paraskova

OPEC’s second-largest oil producer, Iraq, has never hidden the fact that it wants to get the highest possible revenues from its oil. It even pleaded exemption from the cartel’s cuts…

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European Refiners Set To Benefit From Gulf Coast Chaos

Aug 30, 2017 at 15:54 | Nick Cunningham

The refinery outages from Hurricane Harvey have left a very large, if temporary, void in the refined product supply, a space set to be filled by refiners located far from…

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Oil Prices Set To Rise as Supply-Demand Gap Closes Up

Aug 29, 2017 at 12:04 | Zainab Calcuttawala

Oil prices are poised to climb over the coming weeks as supply and demand approach parity, according to analysts who spoke to CNBC as the remnants of Hurricane Harvey…

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Hurricane Harvey Tosses Global Oil Markets Into Chaos

Aug 28, 2017 at 17:41 | Nick Cunningham

The most powerful Hurricane to hit Texas in more than 50 years has devastated much of the coast, and the historic flooding is now causing havoc in the energy markets.…

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Gas Prices Spike As Harvey Shuts Down Gulf Coast Refineries

Aug 28, 2017 at 09:14 | Irina Slav

Gasoline prices hit two-year highs today in electronic trade after Hurricane Harvey, which reached the Texas coast last Friday, caused the shutdown of a number of refineries. Gasoline was…

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What Happens To Oil Prices When Driving Season Ends?

Aug 25, 2017 at 17:34 | Brian Noble

“For now at least, it has become hard to risk capital on the price of oil with as much conviction as in the past.”—Andy Hall, famed oil trader, on shuttering…

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This Nation Just Declared An Unprecedented Sale In Energy

Aug 25, 2017 at 10:55 | Dave Forest

The economy of Brazil has been struggling lately. Weighed down by the collapse in oil prices, and a massive corruption scandal — which this week saw the former CEO of…

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Expect An Extension Of The OPEC Deal

Aug 24, 2017 at 11:32 | Tsvetana Paraskova

The oil market is moving in the right direction towards rebalancing, but all options, including extending the cuts beyond March 2018, are left open, the joint OPEC/non-OPEC committee set up…

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This Critical Oil Price Divergence Could Boost US Exports

Aug 22, 2017 at 16:08 | Nick Cunningham

The gap between the two most important oil benchmarks has widened recently, a symptom of the shifting oil supply/demand dynamics between the U.S. and the rest of the world. For…

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