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EIA: Brent Prices To Average $53 In 2017

EIA: Brent Prices To Average $53 In 2017

As a result of rising…

Oil Prices Could Reach $60 This Year: Novak

Oil Prices Could Reach $60 This Year: Novak

As markets are balancing, Crude…

Energy / Oil Prices

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Could Trump’s Victory Render OPEC’s Output Deal Irrelevant?

Nov 09, 2016 at 09:11 | Tsvetana Paraskova

As if OPEC had an easy job to do in trying to get its own 14 members on the same page about its policies, another major unknown entered the global…

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OPEC Just Knocked $20 Off Its Oil Price Outlook

Nov 08, 2016 at 16:50 | Nick Cunningham

OPEC warned in newly released report that oil prices might not rise above $60 per barrel until the end of the decade, in an acknowledgement that an array of bearish…

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Is Russia Really On Board With The OPEC Deal?

Nov 07, 2016 at 16:29 | Tsvetana Paraskova

OPEC Secretary General Mohammed Barkindo offered the market another treat today, saying that Russia is “on board” with “the Algiers accord.” This assurance, following numerous other OPEC assurances, comes…

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Oil Prices Set For Biggest Weekly Decline Since January

Nov 04, 2016 at 10:02 | Tsvetana Paraskova

Having scored the largest weekly drop in six weeks last week, oil prices have continued to crash this week too, and are heading to their largest weekly loss…

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OPEC Remains Positive On Output Cut As Oil Crashes To $44

Nov 03, 2016 at 17:06 | Julianne Geiger

With markets rattled and oil prices tanking after being bombarded on a variety of fronts, OPEC has attempted to bring some calm to the market regarding its optimism that it…

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Saudi Aramco’s Chief Sees Oil Rebounding In H1 2017

Nov 02, 2016 at 10:59 | Irina Slav

Crude oil prices will rise in the first half of next year as the commodity’s fundamentals return to balance, Aramco’s chief executive, Amin Nasser, said. Without providing details about…

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Oil To Crash Back To $40 If OPEC Fails

Nov 01, 2016 at 16:30 | Irina Slav

OPEC’s increasingly probable failure to reach a production freeze deal will see international oil prices plummet back to US$40 a barrel, according to Goldman Sachs analysts. In a note…

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Can Oil Markets Survive An OPEC Implosion?

Oct 31, 2016 at 17:14 | Nick Cunningham

A technical meeting that was supposed to iron out some wrinkles for a deal to cut oil production ended in acrimony over the weekend, and OPEC’s effort at coordination…

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Have Oil Prices Hit The Bottom?

Oct 31, 2016 at 15:40 | Oil & Gas 360

Oil Price Shocks: Mine Yucel Addresses Denver Energy Group “It’s probably going to be a rough patch for the industry and the producing states for a while—till oil prices firm…

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Confident Saudis To Lift Oil Prices To Asia For December

Oct 31, 2016 at 14:21 | Tsvetana Paraskova

Saudi Arabia will likely raise the official selling price (OSP) differentials for Asia for December, to reflect an October premium in the spread between two Dubai benchmarks that it is…

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