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This Could Be A Gamechanger For Natural Gas In Europe

This Could Be A Gamechanger For Natural Gas In Europe

Europe’s lack of energy security…

Energy / Oil Prices

Sources: Saudis Admit They Want $70 Oil

Mar 25, 2019 at 18:24 | Tsvetana Paraskova

Saudi Arabia has been signaling for weeks that it is and will be doing whatever it takes to rebalance the oil market by slashing exports and pumping well below its…

Oil Is Set To Rise, But The Rally May Not Last

Mar 21, 2019 at 18:39 | Arthur Berman

The United States is no longer over-supplied with oil. That sounds like good news. The bad news is that it may signal lower oil prices going forward. An unexpected 9…

Morgan Stanley: Oil To Rise To $75 This Summer

Mar 20, 2019 at 12:59 | Tsvetana Paraskova

Brent Crude prices could reach $75 a barrel in the third quarter this year as the oil market will likely swing into a deficit, due to OPEC’s production cuts…

Oil Markets In Limbo Ahead Of OPEC Meeting

Mar 15, 2019 at 13:58 | Jim Hyerczyk

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are in a position to settle the week higher after hitting new highs for the year earlier in the week.…

Oil Prices To Skyrocket If U.S. Shale Stalls

Mar 13, 2019 at 15:50 | Nick Cunningham

A collapse of production in Venezuela, aggressive production curtailments from OPEC+, relatively strong demand and an economy humming along – and oil prices are still sharply below the highs seen…

Oil Looks Set For A Significant Drop As Bad Data Piles Up

Mar 08, 2019 at 17:36 | Martin Tillier

The last 72 hours have not been good for the prospects for the global economy, and therefore for the price of oil. On Thursday, the European Central Bank (ECB) surprised…

Bearish Economic News Weighs On Crude

Mar 08, 2019 at 17:27 | Jim Hyerczyk

A combination of bearish economic events is weighing on crude oil futures on Friday, putting the markets in a position to finish the week lower. The central theme driving prices…

Is This As Good As It Gets For Oil?

Mar 06, 2019 at 17:30 | Philip Verleger

Crude oil prices have gone up twenty-seven percent from their Christmas week lows. Many analysts, company representatives, and OPEC officials see them rising further. The 1.2-million-barrels-per-day cut in oil production…

Oil Prices Rise On Imminent Trade Deal

Mar 01, 2019 at 08:55 | Irina Slav

Crude oil started the day with gains on reports from Washington that a U.S.-Chinese trade deal is imminent, S&P Global Platts reports, noting Treasury Secretary Steven Mnuchin had said…

Oil Prices Could Soar On Trade War Truce

Feb 26, 2019 at 15:24 | Nick Cunningham

President Trump extended the trade talks with China, citing “substantial progress,” which will defuse one of the largest downside risks to the oil market, at least for a while longer.…

Goldman: Brent Oil To Reach $70-$75 Soon

Feb 25, 2019 at 10:09 | Tsvetana Paraskova

As the oil market continues to tighten significantly, Brent Crude oil prices could reach $70 to $75 a barrel in the near term, with an upside potential of exceeding…

Oil Slides After Trump Calls On OPEC To “Take It Easy”

Feb 25, 2019 at 08:09 | Tsvetana Paraskova

Oil prices turned sharply lower on Monday morning, reversing early gains, after U.S. President Donald Trump took to Twitter again to criticize OPEC and the high oil prices. Both benchmarks…

Oil Hits Fresh 2019 High As Trade Deal Hopes Boost Prices

Feb 22, 2019 at 09:34 | Tsvetana Paraskova

Oil prices rose early on Friday, heading for a second weekly increase, driven up by optimism that the U.S. and China will forge a trade deal and that OPEC’s resolve…

Oil To Rise As U.S., China Outline Trade Deal

Feb 21, 2019 at 17:14 | Nick Cunningham

Oil prices are likely to jump if Trump and Xi can hash out a deal. The U.S. and China have started to sketch out the framework of a comprehensive trade…

Barclays: Head-Spinning Volatility In Oil Will End

Feb 20, 2019 at 17:42 | Nick Cunningham

Two separate reports from major investment banks over the past week put forward this argument. Bank of America Merrill Lynch predicts that medium-term oil prices will be “anchored” around $60…

Oil Prices Near Three-Month High As Market Tightens

Feb 18, 2019 at 09:15 | Tsvetana Paraskova

Oil prices rose early on Monday, extending last week’s gains amid rekindled hopes that the U.S. and China could reach a trade deal and growing signs of a tightening market,…

Flurry Of Bullish News Boosts Oil Prices

Feb 15, 2019 at 16:16 | Irina Slav

Oil market sentiment has swung from bearish to bullish in the last few days as tailwinds for the commodity strengthen. A string of updates from OPEC and Venezuela, along with…

The Biggest Problem Behind The U.S. Shale Boom

Feb 15, 2019 at 16:16 | Nick Cunningham

U.S. shale production is expected to continue to soar well into the 2020s. And that is a major problem. Over the past decade, U.S. oil production has more than doubled,…

Brent Crude Hits 2019 High At $65

Feb 15, 2019 at 09:22 | Tsvetana Paraskova

Brent Crude hit $65 a barrel early on Friday, reaching the highest price so far this year and the highest level since November, as larger-than-expected cuts from Saudi Arabia and…

Goldman: ‘Shock And Awe’ OPEC Cuts To Send Oil Higher Soon

Feb 13, 2019 at 13:05 | Tsvetana Paraskova

Goldman Sachs expects Brent Crude prices to hit US$67.50 a barrel in the second quarter of the year as ‘shock and awe’ production cuts by OPEC and increased supply…

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