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OPEC Weighs Extension As Oil Markets Start To Lose Their Nerve

OPEC Weighs Extension As Oil Markets Start To Lose Their Nerve

Oil markets are increasingly skeptical…

How Much Further Oil Could Fall

How Much Further Oil Could Fall

Oil prices fell rapidly as…

Energy / Oil Prices

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Too Many Longs Spoil The Breakout

Feb 03, 2017 at 16:25 | Jim Hyerczyk

March West Texas Intermediate crude oil ended January with a whimper, but showed promise early February with a spike to the upside, but this attempted breakout fizzled before it could…

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Oil Prices Up On Prospect Of New Iranian Sanctions

Feb 03, 2017 at 11:23 | Matt Smith

Happy Nonfarm Friday! Better-than-expected job creation last month is supporting sentiment on this first Friday of February, and crude is being swept along with this, being boosted as well by…

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Saudis Raise March Crude Prices For All Customers

Feb 02, 2017 at 11:17 | Tsvetana Paraskova

Saudi Arabia has raised the prices of all grades it will be shipping to Asia, the U.S., Northwest Europe and the Mediterranean countries, with prices for Asian buyers increased more…

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Oil Prices Stuck In Narrow Band, Capped By U.S. Shale Threat

Feb 02, 2017 at 11:08 | Matt Smith

Yes, it's Groundhog Day (again), and that dastardly Punxsutawney Phil has seen his shadow, predicting six more weeks of winter. Fortunately, he's no good at forecasting (unlike the woolly worm),…

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Experts See Higher Oil Prices But Surging Shale Is A Concern

Jan 31, 2017 at 12:12 | Tsvetana Paraskova

Analysts have raised their oil price forecasts for this year as the OPEC supply-cut deal is starting to tighten oil markets, but warned that rising U.S. output could wipe out…

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Oil Prices Spiral Lower On Signs Of Strong U.S. Oil Recovery

Jan 30, 2017 at 09:23 | Tsvetana Paraskova

Oil traded slightly lower early on Monday, as signals that the U.S. crude oil output is continuously recovering mostly outweighed signs that OPEC is largely sticking to its supply-cut deal.…

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Fundamentals Be Damned – Oil Price Correction Likely

Jan 27, 2017 at 16:47 | Martin Tillier

There are basically two ways to analyze markets and make trading decisions, the fundamental and the technical. Logically speaking, fundamental factors and analysis always have the upper hand, particularly over…

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Bullish Fundamentals Can’t Prevent A Correction In Oil

Jan 27, 2017 at 15:33 | Martin Tillier

There are basically two ways to analyze markets and make trading decisions, the fundamental and the technical. Logically speaking, fundamental factors and analysis always have the upper hand, particularly over…

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Oil Prices Rise As OPEC Put Its Foot On The Brakes

Jan 26, 2017 at 12:47 | Matt Smith

As production cut hopes are stoked once again, crude is pushing higher on this fourth day of the fourth week of January. While prices ultimately just pinging around in a…

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Oil Prices Rise As Markets Buy OPEC’s Charm Offensive

Jan 24, 2017 at 10:15 | Tsvetana Paraskova

With no breaking news or comment overnight, oil prices were slightly up on Tuesday morning, with recent reports that OPEC is considerably lowering production as per the deal being offset…

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