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Oil Market Aloof Despite Falling Inventories

Oil Market Aloof Despite Falling Inventories

Summer has not given way…

Are Supermajors Spooked By Peak Oil Demand?

Are Supermajors Spooked By Peak Oil Demand?

The renewable sector is expanding,…

Energy / Oil Prices

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The Eagle Ford Rebound Needs $48 Oil

Jun 26, 2017 at 15:04 | Tsvetana Paraskova

The oil price crash that started in 2014 has affected not only corporate profits and drilling plans. It has had a huge economic impact on the areas around the U.S.…

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Statoil Economist Predicts $60 Oil “Relatively Soon”

Jun 26, 2017 at 14:56 | Zainab Calcuttawala

Oil prices will jump over $60 “relatively soon,” according to Statoil chief economist Eirik Waerness, who spoke to Bloomberg on Monday. According to Waerness, $60 barrel is unlikely to…

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Gloomy Outlook Sees Hedge Funds Turns Bearish On Oil

Jun 26, 2017 at 13:11 | Zainab Calcuttawala

Hedge funds slashed their bets on the three main long oil futures contracts by 109 million barrels in the week that ended on June 20th, according to a new report…

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Oil Prices Inch Higher As Saudi Crude Oil Loadings Drop

Jun 26, 2017 at 11:07 | Matt Smith

We discussed back in early May how Saudi Arabian crude export loadings in April had dropped materially. Given the journey time to US shores (hark, seven-ish weeks), the expectation was…

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Goldman Sachs: Oil Crash Unlikely To Continue

Jun 23, 2017 at 17:51 | Julianne Geiger

The current selloff in energy stocks is but an opportunity for buyers, according to a Thursday note from Goldman Sachs’ European energy team, who added that current prices are…

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Are We About To See A Short Covering Rally In Oil?

Jun 23, 2017 at 15:33 | Jim Hyerczyk

August Crude Oil Futures Profit-takers and bargain-hunters are helping to prop up crude oil prices from 10-month lows late in the week. Aggressive counter-trend investors may be buying relatively cheap…

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OPEC Oil Basket Falls Below WTI

Jun 23, 2017 at 08:53 | Irina Slav

The price of OPEC’s oil basket, which is made out of 14 different blends, fell to US$42.58 a barrel yesterday, below the closing price of West Texas Intermediate for…

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High Costs Are Pushing Investors Away From The Permian

Jun 22, 2017 at 09:53 | Oil & Gas 360

High acreage costs beginning to affect economics in the Delaware The Permian has enjoyed a rush of capital since oil prices began to recover from a low of $26.21 in…

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Is There Still Hope For Higher Oil Prices?

Jun 21, 2017 at 13:58 | Nick Cunningham

Oil prices have cratered in recent weeks, dipping to their lowest levels in more than seven months and any sense of optimism has almost entirely disappeared. All signs point to…

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The Most Ignored Oil Price Influencer

Jun 21, 2017 at 13:49 | David Blackmon

It is a given that the price for crude oil on the global market for the rest of this year and into 2018 will be influenced by a variety of…

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