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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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Oil Glut Endures As OPEC Confirms Higher Output

Aug 10, 2017 at 09:35 | Irina Slav

OPEC confirmed reports that its crude oil production increase last month, reporting a daily rate of 32.869 million barrels, up by 172,600 bpd. Global commercial oil stocks in the…

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A Red Flag For Oil? China’s Crude Imports Drop To 7-Month Low

Aug 09, 2017 at 13:57 | Tsvetana Paraskova

Chinese crude oil imports in July dropped to their lowest level in seven months, although they rose 12 percent on an annual basis, according to calculations made by Reuters…

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The $50 Billion Backlog Of U.S. Energy Projects

Aug 08, 2017 at 13:52 | Tsvetana Paraskova

For six months, the Federal Energy Regulatory Commission (FERC) lacked the voting quorum necessary to authorize construction of oil and gas pipeline projects and LNG export terminals.     Last week,…

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Oil Prices Fall As Libya’s Biggest Oil Field Comes Back Online

Aug 08, 2017 at 10:28 | Dave Forest

More drama in embattled oil producer Libya this week. With reports suggesting the country’s largest oil field has once again been endangered by local fighting.  Reuters reported early Monday that…

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Are Strong U.S. Crude Inventory Draws Sustainable?

Aug 07, 2017 at 15:25 | Arthur Berman

The decline in U.S. comparative inventories since February is the most significant oil market development since prices collapsed three years ago. It means that U.S. demand has exceeded supply for…

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Venezuela Rebellion Could Send Oil To $80

Aug 07, 2017 at 15:02 | Nick Cunningham

Venezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets," according to Helima Croft of RBC Capital Markets. The economic, political and security…

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Shale Lemmings Retreat As Price Recovery Stalls

Aug 04, 2017 at 16:40 | Dan Dicker

If we could make up one bankable investment rule for oil stocks for the past three years – it would be to note precisely what oil companies are planning for…

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Barclays: Oil Prices To Drop This Quarter

Aug 04, 2017 at 13:14 | Tsvetana Paraskova

The combination of bullish indicators that boosted oil prices last month are unlikely to last, and the price of oil in the third quarter is expected to drop from current…

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OPEC’s Three Options To Boost Oil Prices

Aug 04, 2017 at 09:22 | Tsvetana Paraskova

After the initial short-lived enthusiasm over OPEC’s production cuts, the market started ignoring attempts by the cartel to talk up oil prices as it became evident that the glut would…

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The Two OPEC Members Benefitting From The Cut

Aug 03, 2017 at 13:53 | Irina Slav

While OPEC is preparing for yet another meeting to discuss compliance with its notorious production cut deal, two of its members are enjoying something of a windfall thanks to…

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